If every country became a tax avoidance haven, would worker productivity soar everywhere? https://twitter.com/spectatorindex/status/1112384057478926336 …
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No, countries like Ireland look productive on paper because profits are taken there when the work is done elsewhere, as I understand it.
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Having something good for your thinking here! Please check the enclosed... if we exclude profits taken from multinational companies in any country and form of depreciation, GDP is called *GNI, then Irish economy is 1/3 of the actual. Always from FT.
#financialtimes#bloombergpic.twitter.com/Ym5ul3TwYf
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Lol, are you in a hookah bar in Morocco reading the financial times? What a photo!
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