Quote:
Originally Posted by jfman
The Irish Republic now has twice the GDP per capita of the UK.
|
Not difficult to achieve when you use aggressive tax policy to attract the world’s biggest companies to place their offices in your territory. It’s amazing how many Apple products are ‘sold’ by the Irish. Oddly enough their standard of living and likelihood of going bankrupt in a financial crash don’t seem commensurate.
Fortunately the developed world seems to be coming to its collective senses on this sort of thing. So I guess within a few years we’re going to see whether the Celtic Tiger was made of paper all along.