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Old 07-03-2011, 18:00   #36
Chrysalis
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Join Date: Sep 2003
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Re: HSBC Move To Hong Kong 'Likely'

Quote:
Originally Posted by Ignitionnet View Post
That happens all over the world, it's cheaper for governments to offer incentives to companies to come and generate jobs than it is to pay welfare to the people that would be working for them so governments compete for multinational presences.

Welcome to globalisation.
It may happen but its not democratic and its wrong.

---------- Post added at 17:00 ---------- Previous post was at 16:59 ----------

Quote:
Originally Posted by Osem View Post
Correct and what those who cry 'get rid of them all', 'let them go elsewhere' ought to be thinking is who'll make up for the jobs and revenue that are lost as a result. It's not a pleasant thought but there we are, that's the reality of the world we're in. We have no divine right to an economy successful enough to meet all our demands, we have to create a commercial environment in which businesses want to operate here and can be profitable doing so.
Whats wrong with 11billion profit then?
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