The global reserve currency role will flow to the largest economy
allowing free flow of capital.
Not exact matches
A couple years ago we began talking about peak globalization: the idea that countries are reversing their willingness to open borders and
allow free flow of labor,
capital, and goods.
Companies that have high return on
capital and don't have a very
capital intensive business — our kind
of companies — usually will have substantial
free cash
flows, which
allows them to grow earnings organically, pay a dividend and buy back stock.
Since 2013, Realogy has generated significant
free cash
flow,
allowing the company to successfully deleverage its balance sheet and to return more than $ 1 billion
of capital to its shareholders.
As it relates specifically to Chinese
capital flows, if the PBOC
allows its currency to decline precipitously, we don't know whether Chinese investors will be priced out
of the U.S. real estate market or if it will actually lead to an increase in Chinese
capital flows as they seek refuge from a
free - falling currency.