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Old 09-30-2017, 02:05 PM
 
7,868 posts, read 10,243,651 times
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Quote:
Originally Posted by Joe90 View Post
Ireland's GDP now is all that matters, not at some point in the future.

Ireland looks liking having a diverse and independent economy and it's citizens enjoy a high standard of living -not sure why the wealth it has, wouldn't be considered genuine.

Is Singapore's wealth genuine?
we are not as wealthy as statistics suggest , the median wage is about 35 k euro per annum , public sector wages are very high but those in retail in the private sector often earn less than 23 k per annum , the multinationals have such a massive influence on GDP , it can occasionally make figures look absurd as happened a year ago or so when it appeared the economy grew by something like 25% from one year to the next based on one snapshot
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Old 09-30-2017, 02:09 PM
 
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Quote:
Originally Posted by saturno_v View Post
Exactly...Ireland basically was imploding few years ago...
that was because the banks toxic debt was loaded onto the sovereign ( at the insistance of the ECB ) ) , we were bullied by the big powers so as to avoid contagion to the european banking system , not saying had we done an iceland and allowed the banks to fail or be nationalised , it would have been a picnic but bar a very severe property crash , things were not near as bad as many abroad think , nothing compared to greece , the economy was far too dependent on the construction sector from 2001 to 2007 and it was these workers who left for the likes of australia and canada
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Old 09-30-2017, 02:11 PM
 
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Quote:
Originally Posted by saturno_v View Post
........Or maybe they do not pay any takes or very little at all and that's make some countries attractive.
corporations dont pay any more tax in france than they do in ireland , the headline rate is often not the actual rate paid , ireland is ( for now ) a sovereign independent state , its no ones business what rate of corporation tax it charges google or facebook , let germany lower theres to below 13% if they wish
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Old 09-30-2017, 04:06 PM
 
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Quote:
Originally Posted by irish_bob View Post
do you even know what the troika is ? ,

Of course I do....within the EU you do what the ECB, the European Commision and Germany wants you to do (the Troika "less the IMF" when there is no emergency)...that is the deal, is that simple.

Quote:
that was because the banks toxic debt was loaded onto the sovereign ( at the insistance of the ECB ) ) , we were bullied by the big powers so as to avoid contagion to the european banking system
Exactly....Ireland folded like a cheap suit. There are a lot of angry Irish citizens about this.

Last edited by saturno_v; 09-30-2017 at 04:23 PM..
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Old 09-30-2017, 04:10 PM
 
3,888 posts, read 3,249,647 times
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Quote:
Originally Posted by irish_bob View Post
, ireland is ( for now ) a sovereign independent state , its no ones business what rate of corporation tax it charges google or facebook , let germany lower theres to below 13% if they wish
I know I was simply replying to people that think that if a multinational generates on paper a lot of its revenue in a given country, all the benefits, automatically, go to that country....is not that simple.
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Old 10-01-2017, 06:22 AM
 
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Quote:
Originally Posted by saturno_v View Post
Of course I do....within the EU you do what the ECB, the European Commision and Germany wants you to do (the Troika "less the IMF" when there is no emergency)...that is the deal, is that simple.



Exactly....Ireland folded like a cheap suit. There are a lot of angry Irish citizens about this.
had we defaulted , the older generation would have lost by far the most and the older generation own the political class
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Old 10-01-2017, 06:37 AM
 
Location: france
827 posts, read 624,328 times
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Fiinland is also a strange case of succees despite being in a not good situation. A living proof.
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Old 10-01-2017, 12:22 PM
 
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what disadvantages would Finland have?

it's a socially homogeneus country, with low population and population growth, and it's located in Europe near several of the main global economies (UK, Germany, Russia...).
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Old 10-01-2017, 12:24 PM
 
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Originally Posted by citoyen View Post
Fiinland is also a strange case of succees despite being in a not good situation. A living proof.
its in a very wealthy neighbourhood and not one lutheran country is poor
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Old 10-01-2017, 12:32 PM
 
Location: france
827 posts, read 624,328 times
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Quote:
Originally Posted by joacocanal View Post
what disadvantages would Finland have?

Very isolate. Having CCCR and Russia for neighbhoor. At the exception of sweden, mainly poor country near them. Bad weather.

But yeah homogeneus country is a big advantages. I don't get why all politicians try to lead us to the opposit direction.
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