- Donald! Trump!
@ernie the financial crises can be put firmly at Bill Clinton’s door. He signed Glass-Stegal allowing commercial banks (with their huge balance sheets) into Investment Banking. This allowed to give/purchase billions in dodgy loans, “restructure them”, book handsome upfront fees and hide the risk free / total crap on their balance sheets and report exposure as “insignificant”Posted 1 year agoteamhurtmoreMember
He did indeed Ernie – but Krugman does go off on things as this example shows. Oddly his analysis does get back on track towards the end of the article.
He’s also quite angry now that his school of economics has become slightly passe. Still his fun to read for a bit of econ aggro!!Posted 1 year agoGrahamSSubscriber
They can afford to make the phones in the US and Foxconn can out their fancy machines there
A 30-40% import tax would be far more expensive for Apple to bear than making the phones in the US
So in other words this part of Trumps MAGA plan involves putting one of America’s most successful tech manufacturers at a competitive disadvantage to their immediate rivals (Samsung, HTC, Sony, Xiaomi, Hauwei, Blackberry, etc)?
For the sake of minimum wage jobs that Americans don’t want, that are being automated out of existence anyway.Posted 1 year agoJamieMember
Wow. Things move fast.Posted 1 year agoMSPSubscriber
Apple has a very strong position in their markets and huge profit margins and less than 1% tax paid via Ireland/EU tax dodges
Yeah it is all the EU’s fault. 😆
“Member states cannot give tax benefits to selected companies — this is illegal under EU state aid rules,”Posted 1 year agoJamieMember
@Jamie why on earth would US border guards admit people to attend a demonstration against the President ? Maybe they wanted to smash up shops and set fire to limos ? Why take the chance ?
Photos and finger prints are standard on entry to the US (maybe less so for Canadians)
I’d love to debate this, but it’s just not worth it.Posted 1 year agoroneMember
Apple has a very strong position in their markets and huge profit margins and less than 1% tax paid via Ireland/EU tax dodges means they can afford it all-day-long
It’s not an EU tax dodge. It’s just a tax dodge. We did this before. The EU are pursuing with a 14 bn dollar bill.
At least have the good grace to recognise this.Posted 1 year ago
akira – Member
The population of Merica is about 324,954,000 according to Wiki
How many turned up to his inauguration? [/quote]
Firstly, it is Washington so no price for guess whose ground that is.
Secondly, most people after so many years of previous administration I guess can no longer even afford to travel.
Thirdly, I bet most of the images or photos are taken from protest in previous administration strongholds/regions/counties whatever.
… so you want to judge that based on the inauguration … 😆Posted 1 year ago
kimbers – Member
they dont have to travel chewk been demos in every city across the states
😆 @ every cities which cities exactly?
I bet just a handful by comparison to those that do not go on demo. P/s: (just checked) Yeap as predicted the demos come from the stronghold of previous admin.
Pigface – Member
Why is that you idiot? Chewk you need to do more research to how Obama stacks up against Bush
pigface can you comprehend what those previous administrations have done to the world?
Are you still living in the past?Posted 1 year ago
akira – Member
Chewkw this is getting a bit embarrassing, the protests were real. I know people who were literally there, but I guess they might have got confused with a different protest they went to in the past?
Give me some evidence that the demos come from All cities … not just from the stronghold of previous admin. 😆
Absolutely distorted media … ya, their ratings are going down … 😆Posted 1 year ago
Pigface – Member
Could give you all sorts of evidence but bored of your trolling act.
Assuming you are not trolling pigface.
This is how democracy works …
Even if I give you 2 million protestors per state that only amount to 100 million protestors including those that are not even old enough to vote as shown on telly news just now …
There are nearly 350 million people in Merica so are you saying the minority voters should refuse to accept the outcome of an election and continue to cause troubles for everyone …?
slowoldman – Member
You do realise he’s just channeling his inner Trump to wind you up?
slowoldman Just look at the numbers … the protestors are in the minority.Posted 1 year ago
theres a hilarious vid on channel4 of trump whining about media bias- unerestimating the crowd at his inauguration – he reckons there must have extra 1 million people there
but best of all he got God to stop the rain for his speech 😆
"I looked out. It looked like a million, a million-and-a-half people. “Donald J. Trump criticises the media for saying he failed to draw a big crowd at his inauguration and for showing a picture of an “empty field”.
Posted by Channel 4 News on Saturday, 21 January 2017
hes also really upset that obama got a bigger turnout, and in trum style lying his arse off and saying its the other way roundPosted 1 year ago
kimbers – Member
theres a hilarious vid on channel4 of trump whining about media bias- unerestimating the crowd at his inauguration – he reckons there must have extra 1 million people there but best of all he got God to stop the rain for his speech
Yes, it’s hilarious during the election campaign when Trump asked the media to turn around they refused … so funny. Because the media is so desperate to show what they want to show they cannot handle the truth. So hilarious … trust the media is like asking someone to down a bottle of Tabasco neat. 😆
akira – Member
Do you have proof there are 350 million people, I don’t trust Wikipedia as they’re pro trump.
😆 Can we include fake media?Posted 1 year ago
That’s Washington the stronghold of previous admin.
You think it’s cheap to travel for the day from other state? You know it’s not like Birmingham traveling to London or even Edinburgh … 😛
Remember people have been made poor from previous admins there isn’t a need to really travel unless it is necessary.
On the other hand the protestors being their own state came out in droves … 😆Posted 1 year ago
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