No. of Recommendations: 10
This is huge as it allows the US (unclear if it is Congress or the presiident) to launch a "capital war" with, or without, a trade war if it wishes. From the standpoint of a foreign government/entity, if I was assigning "political" risk to nations as a function of what return I desired on bonds (or other investments), this would put a heavy thumb on the scale for me. I would also thing that "retaliatory" wording would begin to crfop up as laws in other countries - throwing cold water on investments world-wide.
Jeff
