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| Cumulative Inflation relative to Germany. (i.e. Germany CPI would be a flat line at zero) |
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| Balance of Trade (Exports-Imports) for GIIPS |
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| GIIPS Balance of Trade as a % of GDP |
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| Balance of Trade for selected European economies |
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| Balance of Trade for selected European economies as a % of GDP |
One of these pigs is not like the others...
ReplyDeleteAs my wife pointed out - Google, Amazon et al use Ireland as a corp headquarters for tax purposes.
ReplyDeleteIf the US provides a tax holiday the cash sitting in Ireland ( held as US Treasuries ) will repatriate.
What will that do to the odd Pig's balance of payments numbers?
These are excellent stock exchanges! It seems to me that you are well prepared
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ReplyDeleteI completely agree with the writer. Yesterday I went on business in a rent suv and we discussed this topic too.
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There is definately a great deal to learn about this issue.
I love all of the points you made.