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A nice thing about foreign securities is that as the dollar devalues, that means it takes more dollars to represent the same value so prices may rise simply because value in the unit of those prices, dollars, has fallen.
A bad thing about foreign securities is that other countries are in one of two general camps: (1) look for anybody or anything that is doing something wrong and punish them, or (2) conveniently ignore things that go wrong because those that enforce laws are often doing wrong things too. Another way of looking at it is that in some places they realize that all the people are poor except for the rich, and some places believe that those with money are too rich so they have to tax them to make them more like the poor.
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