I have the same sentiment re trump. I spend half my life re work in the states and my feelings from middle America is there is a huge ground swell of support for trump. Trump making a big move later meeting the Mexican president. Clinton is a puppet of those on capital hill with vested interests in their own agendas. So this may be another polls were wrong election and horse race journalism getting it wrong.
Your right Bruce that's why I think Ireland should take the 13 billion from Apple and run. Personally I think Trump will get in no matter what the media and polls say and he will push for lower taxes for large corporations. Question is will he have the House or the Senate behind him?
Ireland understands The Law of Diminishing Returns. most countries do not. The one thing that Trump and Clunton have in common is that they are protectionist by nature. hence the negotiations for trade deal with EU and Canada are stalling. mind you half of EUROPE does not like it either. Free trade is usually a very good thing what a a pity the EU has never worked properly. As I always say it is the service industry where the EU only takes 20% of the UK owing to vested interests and the inherent selfishness of individual countries. This week alone Italy has had to rescue 6000 immigrants with NO help from the EU whatsoever. If it lasts 10 years it will be a Miracle by then the euro currency will be long gone.
They all went out in the garden with a bottle of wine or some cans and shut down their computers so that they could enjoy the sun - and why not.
The news this evening tells us that Brexit means Brexit, that they (the government) are all going to gather at Chequers to decide how that might best be managed. Wouldn't we all like to be a fly on that wall.
The current peace, while the sun is shining, is our Mr Kearney doing what he has been told to do - free up the wheels. London has enjoyed a property boom whilst it was being "Financially Cleansed" it may just be, that in the Capital there are a few people feeling wealthy, having converted their asset into capital. The Government must be in receipt of fairly chunky sums when it raised Stamp Duty - all of this together can make some people feel giddy to the point where they take risks.
There is a price to be paid when risks or gambles go wrong - people making decisions based on rising activity in the economy would be well advised to be patient before taking on more debt, with the prospect of RISING INTEREST RATES certainly by the new year when the American election has taken place people would be wise to be cautious.
Assuming we are using american terms 1 billion is 1,000,000,000
Let Apple close Give the 5000 workers 1 mill from goverment each plus Apple redundancy , let them pay tax and PRSI about 400,000 euro each, then collect the 13,000,000,000 euro and leave apple go if they want.
This would give Ire Inc about 8,000,000,000 euro nett plus tax take of circa 2,000,000,000
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