[Rocket89]

I mean.. the largest most liquid market in the world is the us equities market.. every foreign investor worth his salt (and his time) spends time researching and ultimately investing in us equities. Not to mention every country has their own accounting/financial disclosure laws so the data will inherently be untrustworthy. Hell even Canadian financials are hard to discern from the American pov given FFRS (or whatever the foreign reporting system is called).

[formerkrogemp]

IFRS is used in over 100 countries. Parts of it's implementation are left to the individual countries, but the US is the only country to use GAAP. Every country has some room for individual regulstion of the financial standards of course, but that doesn't make, say, dutch securities less inherently trustworthy than US securities because they don't report on a GAAP basis.