Word: disinvestment
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...Government could do three things easily that would immediately stabilize the dollar. First, institute an energy policy to bring prices and consumption in line with the rest of the world. Second, encourage U.S. firms abroad to disinvest, bring profits and capital back to the U.S. Finally, reduce or eliminate U.S. military presence overseas, particularly permanent installations such as those in Germany and Britain. The dollar is too valuable an item to the U.S. and the world to be handled with such ineptitude...
Having opposed the mandatory investment embargo, the administration should now at least actively encourage major corporations that do business in South Africa to disinvest. More important, the U.S. should seek to expand its dialogue with black South African nationalists who are fighting for majority rule. For if this most recent crackdown only makes it appear more likely that the white minority and the black majority are headed for an all-out struggle for political power in South Africa--as even white South African liberals who favor peaceful reform now predict--the U.S. should be in a position to support...