The arrest of Meng Wanzhou, the chief finance officer and the daughter of the founder of Huawei, one of China’s richest men, by Canadian authorities on spying charges could be a game-changer for the global multilateral trading system. The Canadians are acting on behalf of the Americans here. Washington is pulling the strings.
Huawei is the world’s largest telecom manufacturer, and the second largest smartphone maker after Apple. America accuses it of stealing American technology; most likely Apple’s technology.
This move is a serious upping of the ante in the on/off trade war between the two superpowers. If you were an American multinational executive sitting in your hotel room in Shanghai you’d be right to worry about an unexpected knock on the door from Chinese internal security.
Such an obviously mercantile move in Canada, dressed up as a political act, focuses attention again on large multinational companies, international trade and the potential for a breakdown in global commerce.
Stock markets have plunged around the world. When stocks are falling, you might find it a little odd that the column is returning to the issue of what best to do with the profits of multinationals based here.
I believe, despite recent volatility, that Ireland should seek to get paid by multinationals not just in tax revenue but in a split between tax revenue and company stock options. The reason is very simple: history proves that stocks constitute wealth that is permanent, while tax revenue is income which is transitory.
Above target
Ireland collected €8.2 billion in corporation tax in 2017 (2.7 per cent of GDP and 11.6 per cent of total tax receipts). This is an increase of €849 million (11.5 per cent) on 2016. In the last quarter the expected tax take jumped nearly €500 million above target for November.
The number of companies paying corporation tax in Ireland rose to more than 50,000 – with manufacturing the largest sector, accounting for 27 per cent of receipts. However, the top 10 largest corporation tax contributors accounted for 39 per cent of total receipts, and foreign-owned multinationals accounted for 80 per cent of corporation tax receipts in 2017.
Yet the US Bureau of Economic Analysis shows that majority-owned foreign affiliates of US multinational enterprises operating in Ireland generated $149 billion in net profit in 2016. So, allowing for exchange rates, US firms made around €130 billion profit last year here. On this they are supposed to pay 12.5 per cent tax or €16.25 billion. But they paid only €8.2 billion.
So around €8 billion is missing. This is the €8 billion that the EU wants us to collect. And so does Washington, but for itself, not for us.
The multinationals are well aware that both the EU and the US want more revenue from them, so what are they to do?
Maybe we give them an exit strategy and tell them that, using our own sovereign tax regime, we will take the difference between what they actually pay us (€8.2 billion) and what they ought to pay us (€16.25 billion) in stock options to be exercised sometime in the future.
These options go into the start-up fund and, given the way share prices have been going historically despite crashes, very soon this fund would be worth serious money.
Oil find
We could treat the wealth from the multinationals as a one-off source of wealth in the same way the Norwegians treat their oil find, they use it to bolster a national wealth fund. But whereas the Norwegians pledge the wealth to pay future pensions, what about using the wealth as a kick-starter fund – not a winding down fund?
Imagine each citizen would have small bit of this wealth fund so long as it is pledged as liquid collateral to a bank in order to fund a start-up? We could transform society into an entrepreneurial trading entrepôt, open to the world, with easy available finance for people to innovate and create businesses.
Setting up trading companies is what makes societies rich. Lack of start-up financing is a regular impediment to new companies. A national kick-starter fund would eliminate the initial financing problem that bedevils many new businesses.
From the multinationals’ perspective, any corporate chief financial officer faced with the prospect of having to pay hard cash today in extra taxes or an IOU tomorrow in stock options would always vouch for options.
Obviously, there are many technicalities to figure out, but the idea of using multinational windfalls as wealth not income to kick-start companies could redefine the whole relationship between the nation state and the global corporation at precisely the time it is under threat and needs to be redefined.
Socially beneficial
Speaking of current revenue, while we are at it why not also use the Apple money, the €14 billion which is lying idle in an account to (a) do something socially beneficial and (b) make more legitimate Apple’s business here? Why not use it all to build houses? (€14 billion could build close to 50,000 units). This would be corporate social responsibility on a monumental scale!
In short, Ireland is in a very strong position even if there are clouds on the global trade front. We have the scope to use our tax system intelligently. Using tax-owed as a medium-term wealth gives us much-needed kick-starter cash for young entrepreneurs who will make the place tick.
This could be totally transformative for the country. Imagine post-Brexit a country with full access to all markets, and kick-starter funds available to every citizen to have a go?
In addition, if we used the Apple money on housing we could go a long way to solving the housing crisis, building State-owned homes, bringing down the cost of accommodation and the overall cost of doing business in Ireland for a generation. This has to be a national prize worth considering.
Significant Infrastructural Investments into a Super Fast Rail System from Dublin to Cork, Limerick and Galway would alleviate the housing shortage in Dublin bringing these cities within the 1.5 hrs distance . Ask the French or Germans to assist.
The stock option is fine until you try to exercise them. One word…..Nokia. At least the tax take is cash in the bank to spend.
The Americans are pulling a fast one on the Chinese, now that their Companies have managed to get sales of their products up to a mass scale using Chinese cheap labour, it’s economical to manufacture at home using a mix of robotics and labour – Fordism without the start-up costs. The Chinese know this and use it to their benefit including stealing IP. Would the I-phone ever have captured the market without cheap labour – Apple were not a phone manufacturer.
It’s the Americans “having their cake and eating it”
I would doubt it the government can use tax revenue intelligently. Their is enough land in Dublin to build social and affordable housing and the money is available. But large sums of money are dangrous in the hands this goversment especially if their only plan is to build a water pipe across Ireland to service Dublin from the Shannon. I have never heard anything more foolish
“Lack of start-up financing is a regular impediment to new companies.” On paper, look what happened when M. Macron stopped the ISF? He didn’t get the money invested, or there is very little evidence, and he got himself into a situation where he has to spend money he doesn’t have to placate the masses. We in Ireland have had all sorts of “funds” for all sorts of stuff, and where did that get us? We got “if I have it I’ll spend it’ NAMA, etc., and where are we? We have had squillions of quantitative easing, where did that go?… Read more »
Interesting regular contributor to alternative media has this — below my string of arrows — to say about the Huawei Affair of 1st Week December 2018 ; . Come on, wake urselves up ! . The vast majority of news is carefully manufactured by the Powers-that-be [ PTB ] & their Main-Stream Media [ MSM ]. . Next month yee will all be pulled — but arguably “pushed” is correct — into another hyped-up bit of news to steal yer time & energy & intellect [ if yee actually use it in that context ] whereby most of yee will… Read more »
Take from the producer and believe the government can redistribute it productively. hahaha To where? Maybe some environmentally friendly socially beneficial business. hahaha Government hacks will choose and pick the “winners” and once again socialism tries to take over. You will be better off leaving the money with businesses that know how to make a profit. Less government and larger individuals, that is the answer. Remove the taxes on startups for the first 5 years, don’t give them other profitable companies money/ They just need tax/regulation free room to generate income as they see fit. Remove the government and it’s… Read more »
Bravo, David, as always, you are stellar in your analysis. Here in Mount Horeb, Wisconsin, USA, it is refreshing to have access to your refreshing global perspectives. I love Ireland, and I spent one year at Trinity College as an undergrad. It changed me forever, and for the best. Keep up your good work. Also, I spent a year at the University of Toronto, where I earned a M.A. with a focus on Irish history in Canada, T.D. McGee, an immigrant who became a Father of Confederation there in 1867. Thus, I read with great interest how this country, the… Read more »
MORE ON THE LAZY PSEUDO-ECONOMIST’S GUIDE TO “FREE” STUFF
>
Michael Hoffman
?>
@HoffmanMichaelA
>
Christmas is called “Season of Giving.”
Yet we live in a society predicated on taking — via the renting of money at interest —universally condemned as usury by Christ’s true Church, but now a respected business for hypocrites who claim to follow the Bible
>
http://a.co/4SKKByl
TUCKER CARLSON IS VITAL FOR THE HUMBLE vis-à-vis THE PROUD . And,- what in hell was Rand Paul doing here ? . EXCERPT FROM ARTICLE BELOW ; Legislation that would have defunded the abortion giant while repealing much of Obamacare passed the U.S. House of Representatives last year, but died in the Senate thanks to the opposition of GOP Sens. Susan Collins, Rand Paul, and John McCain. . ///////////////////////////////// . Mon Dec 10, 2018, . Tucker Carlson: . HEADING ; Trump is ‘not capable’ of defunding Planned Parenthood, despite promise . (LifeSiteNews) – . Conservative commentator Tucker Carlson had some… Read more »
Thank u http://www.henrymakow.com for highlighting the worthiness of this warning about the Creatures of the Private Central Banksters, & their Pseudo-Economists [ e.g. Macron, & …. 8-) ], & their Private Commercial Banksters ;
.
.
.
https://twitter.com/SallyMayweather/status/1072298485125431297/photo/1
Hi David,
You rote an article in the FT about a united Ireland and descried the ROI being very wealthy and that the average rate of pay is 38k euro pa. I am thinking Stiglitz and leprechaun economics as I write. Was the ROI you are referring to a country on some planet in Outer space?;
https://www.irishtimes.com/news/health/new-record-of-more-than-718-000-patients-on-waiting-lists-1.3628584
https://www.irishtimes.com/news/social-affairs/almost-10-000-people-now-homeless-new-figures-show-1.3443383
Yes, take shares, it’s not like it could then be construed as anticompetitive or it would be a conflict of interest….
Why is it that the tax take from these multi nationals is 50% of what they are supposed to pay? Why not sue for the balance? The tax department does not hesitate a second if it is an individual.
Whether it is a candidate-requirement or promotion-requirement,- it appears being a narcissist-cum-sociopath is synonymous with being an economist in the Syndicate of Private Central Banks which is the House of Rothschild ;
.
And so,- we must seriously consider the following claim as being very probable ;
.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
.
Henry Makow
?@HenryMakow
.
TWEET ;
Q team claims Macron behind massacre at Strasbourg Christmas Market
.
False Flag:
French Government Behind Terrorist Attack in Attempt to Change the News Cycle
.
https://twitter.com/HenryMakow/status/1072693626797469697?ref_src=twsrc%5Etfw%7Ctwcamp%5Eembeddedtimeline%7Ctwterm%5Eprofile%3AHenryMakow%7Ctwcon%5Etimelinechrome&ref_url=https%3A%2F%2Fwww.henrymakow.com%2F
Nonsense. To the standard that is the default in The ISIS Times. It fits right in.
Further to Economista Gimmika Suggesta #n + 1 ; . “…Ireland [ sic. ( And, “sick” too ) ; Irish State ] should seek to get paid by multinationals not just in tax revenue but in a split between tax revenue and company stock options …” . 8-) . n = Give Sovereign Guarantee to the Loan Books of the Irish State territory associated Private Commercial Banks, & thus duly pay the Bondholders, & please “The-I-Just-Wanna-Stop-The-Hurt” Club ; Ref. Stiglitz, Krugman, Yellen, Bernanke, Greenspan, etc. aka “The Internationale Bloods” ] . >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>.. . 1_ 4 Billion Euro wiped off value… Read more »
Speaking of ;
.
Corporation serving the Government with precious goodies that u would dearly value
.
Finally,- an honest advert from government ;
And,- for yee connoisseurs out there,- the female communicator is attractive & performs in the style u customarily feel reassured with but with a welcome frankness.
.
https://twitter.com/runoutofideas/status/1070433108745347072?ref_src=twsrc%5Etfw%7Ctwcamp%5Eembeddedtimeline%7Ctwterm%5Eprofile%3AHenryMakow%7Ctwcon%5Etimelinechrome&ref_url=https%3A%2F%2Fwww.henrymakow.com%2F
Specifically relevant to immediately previous article ; Re ; Bernie Sanders . And, in general relevant to all who partake in reading or writing on internet Blogs & Forums. . BY THE WAY [ Re ; Substance of Article below ] ; I do not trust Corbyn as safe alternative to TREASON-UPON-THE-ENGLISH-PEOPLE-MAY [ & Welsh people ? ; Re ; Scots ; Most Scots & Picts are seemingly smitten with EU ; Thus, I do not refer to “treason” in this case ]. Corbyn is for EU. This article may be intended to unjustifiably give worthiness to : Corbyn Sanders… Read more »
In the early 1930s, dollar prices of raw materials and commodities fell heavily, bankrupting farmers and miners world-wide. The purchasing power of the dollar rose, because it acted as a gold substitute. Today there is no convertibility between the dollar and gold at all, so the effect of a global economic depression is bound to see the gulf between the dollar and gold widen, as central banks expand the quantity of money in an attempt to fight recession and keep their governments solvent. There can be no doubt the policy response from the Fed and all the other welfare-state central… Read more »
If USA is smart,- they would direct their Multi-national Corporations to disperse their manufacturing to more EU states than only SHAM-rock Republic ; . And,- Trump is meant to be the smart + patriotic President long needed to rescue the USA. . BUT … BUT … BUT . TRUMP IS NO “RON PAUL” . TRUMP IS A FREEMASON ; AND,- HERE IS THE PROOF. . https://www.youtube.com/watch?v=2zRECg3YESo . The electorate who voted for Trump know that ; But,- they had to pick the lessor of 2 evils when it came to election. . Very likely that a Ron Paul with Reverend… Read more »
GREAT INTRO TO THIS VIDEO ;
.
“STRAIGHT FROM THE HORSE’S MOUTH”
.
Peter Atkinson, poster above, is correct that basically when Irish State go to cash its Chips [ Shares ],- it will be totally monkeyed around with whereby it will get only peanuts.
.
RFID, Blockchain, AI, Bitcoin – The Truth Will Shock You!
.
Dec 4, 2017
.
https://www.youtube.com/watch?v=W7nt5FynDw8
Crash alert Issued. https://www.milesfranklin.com/crash-alert-3/ “”People continually ask “when” will it happen? For the last 6 months we have responded “it is happening right before your very eyes”! In fact, as of this morning 52% of global markets are now down over 20% from their highs and qualifying as bear markets. Please understand the financial backdrop these weakening markets are falling into. Bluntly, the world is facing a giant margin call that cannot be met. “”The only question is how long it will take for marginal players to make the decision the snake will in fact eat itself, and liquidate their… Read more »
https://www.zerohedge.com/news/2018-12-12/fed-net-worth-turns-negative-following-record-66bn-paper-losses Is the FED broke or just on paper? 1 day ago posted comment on Zero hedge. remove The “Federal Reserve” is the most insidious disease ever to plague us. Here’s what the London Times wrote after Lincoln printed greenbacks to finance the war for the north: “If that mischievous financial policy, which had its origin in the North American Republic, should become indurated down to a fixture, then that Government will furnish its own money without cost. It will pay off debts and be without a debt. It will have all the money necessary to carry on its commerce.… Read more »
NO FRENCH POLITICAL LEADER OFFERING TO CRUSH THE BANKSTERS . Private Central Banking [ The Rothschilds ] Fractional [ Indeed,- “Zero” now ] Reserve Banking by Commercial Banks Stock-Broking EU Political State [ versus mutually agreeable bi-lateral or multi-lateral trade agreements ] “Frankfurt School” Agenda Orwellian State War Mongering & Intrigue upon foreign nations Narco-Influx Mass-Immigration Abortion Anti-Catholicism inter alia . Maire Le Pen is not to be trusted to save the French . INTERESTING PERSPECTIVES THAT SHOULD BE CONSIDERED FOR SAKE OF BALANCE AT LEASLT ; . Some truths for sure in what is communicated below. . http://aanirfan.blogspot.com/2018/12/paris-riots-false-flag.html#comment-form .… Read more »
David Icke has matured into being a great observer, & communicator ;
.
Here,- he reveals to u what we have with Trump.
.
TRUMP IS A PRISONER OF THE CABAL WHO OWN HIM
.
Note ;
Icke is very respectful of the electorate who voted for Trump.
Thus,- Icke does not refer to them as “The Deplorables” nor to their wants as “Populism” as reprehensibly do Kill-ary Clinton, David Mc Williams, Tin-Tan O’Fool, etc.
.
.
https://www.davidicke.com/article/511087/just-sign-donald-like-good-little-boy-david-icke-dot-connector-videocast
https://www.naturalnews.com/2018-12-14-trumps-new-hhs-ban-mandatory-vaccinations-nationwide.html?fbclid=IwAR2B4heFKdcO6miXfk3In6ibfFwEl6LhDGn7pqOKE0Lt6KoYnX2hx5uYFAI#
ULTIMATELY,- THE NATIONAL DEBT OF IRISH STATE IS OWED TO THE ROTHSCHILDS PRESENTLY,- THE NATIONAL DEBT IS 215 BILLION EURO. . . NOTE BY TRUTHIST ; ALL OF THE FOLLOWING FACTS ARE IN THE PUBLIC RECORD & KNOWN TO BE TRUE. . Ref. Male Homosexual Pedophile Abuse of Boys at Kincora Boys Home, Belfast . Organised by The Rothschilds. . . Anthony Blunt, below, was 1 of the many Homosexual Pedophiles who was facilitated by MI5 & MI6 to visit & abuse the boys of Kincora Boys Home in Belfast. . Other high ranking visitors & abusers included : .… Read more »
Ref.
Senior USA Politician of Obama Administration who put the Squeeze on Irish State to pay the Bond-Holders ;
Kill-ary Clinton
.
.
https://www.youtube.com/watch?v=Qrp0BeLhoEU
.
.
http://12160.info/photo/clinton-foundation-open-records-tax-return-6-went-to-charity-hill
HMM …. M ! . COUP ON THE WAY IN FRANCE ? . Coup for French ? . OR . Coup for EU ? . . HEADING ; French Generals Accuse Macron of “Treason” Over UN Migration Pact . SUB-HEADING ; Open letter says French citizens have another reason to “revolt” . Paul Joseph Watson Propaganda Matrix . Thursday, December 13, 2018 . A group of French military generals have written an open letter to Emmanuel Macron accusing the French President of committing “treason” by signing the UN migration pact. The pact, which was signed by 164 nations on Monday,… Read more »
VERY USEFUL TOOL FOR ALL “TRUTH-SEEKERS + TRUTH-TELLERS” ;
.
I suggest that u bookmark it, & USE it.
.
.
https://webbrain.com/brainpage/brain/6FBA86B0-0C57-9FCA-5CF9-D742DA541AAA#-1233
Hi David,
Any chance you’d invest in good firewall software etc. as the can’t handle the truthist virus has made the blog unreadable again.
Michael.
Scoop on David’s last Newspaper employer ;
Mr. Denis O’Brien
Majority owner of at least 1 Multinational business sector himself
.
HEADING ;
The Clinton Foundation, their top Irish donor Denis O’Brien, and taxpayer millions pumped into it
.
Gemma O’Doherty
.
Streamed live 19 hours ago
,
https://www.youtube.com/watch?v=6gFlzDAqdD8
@ Tony Brogan, & Mike Flannelly ; . I have decided to resume our very important, & always relevant to any DMW article, & interesting, discussion above, which started with Tony’s mention of a ZeroHedge.com report that the Federal [ actually “nothing” federal about it ; Ditto “Federal” Express Courier Corporation ] Reserve Bank [ Syndicate of The Rothschilds & their Cabal ] is in debt to the sum of 60 Billion USA Dollars, because it physically indented itself to be too narrow. . Ref. Tony Brogan COMPETITIVE DEVALUATION. . if one currency inflates then the value of the currency… Read more »
Practise Humility Be Catholic ; Catholic-Protestant, Catholic-Muslim, Catholic-Buddhist at least Develop ur Instinct, & continue to trust it Cleanse ur Living ; Mind, Body, & Spirit . Realise that Ireland is a Shit-Hole Realise that the EU is a Freemason Project from the get-go for their Patrons [ The Rothschilds ] Realise that official Economics is a Sham ; It serves to mask Criminality Realise that “Jewish” Economics / “Austrian” Economics is “real” Economics Realise that the Government of Irish State [ Leglislature ( Dail, Seanad, & Councils ) ; Executive ( Drinks-Cabinet & Civil Serve-Piss ) ; Judiciary ]… Read more »
Here is recent article written by 1 of the Principal Puppet Masters of Sarkozy, Hollande, & now Macron ; . Bernard-Henri Lévy . The very same Public Intellectual & Politico-Philosopher who lead the Invasion & Destruction of Libya & the Anal-Rape Murder by Kill-ary Clinton — through proxy — of the great benign leader of Libya,- Colonel Mumar Gaddafi. . VERY POWERFUL DANGEROUS IS Mr. LEVY . HEADING ; Will the Yellow Vests Reject the Brown Shirts ? . Dec 5, 2018 . By Bernard-Henri Lévy . INTRO ; Now that President Emmanuel Macron has retreated in the face of… Read more »
Anybody such as Truthist who quotes with approval David Icke should say do they also agree with the hatred which David Icke has for the Jews
This is typical of Icke. This Facebook article has Netanyahu the Prime Minister of Israel, Homeland of the Jewish People, saying “We want war, lots of war, and what we want we get”. https://www.facebook.com/diheadlines/photos/a.1735327073412840/2235896966689179/?type=3&theater This is pure filth from Icke. Icke plays on this meme all of the time…The Protocols of the Elders of Zion which was an anti-Semitic pamphlet published in Russia at the end of the 19th century Icke has many differing ways of bringing this into his writing and books. He also travels the world using his modern technology to preach this very old meme against the… Read more »
What strikes me about David Icke is his consistency in his conspiracy theories against the Jews. The article I mention comes from two days ago December 14, and it week after week, day after day. It is his one consistent theme over many years.
Also it is wrong to say that Icke is of the left but I may go into that another time. I want to concentrate on why Truthist quotes Icke without mentioning his hatred for the Jews, and on an Irish site. That is fatal. Why that is fatal I may explain another time also.
“Huawei is the world’s largest telecom manufacturer, and the second largest smartphone maker after Apple. America accuses it of stealing American technology; most likely Apple’s technology.”
https://theweek.com/articles/748176/chinese-smartphone-spying
https://www.youtube.com/watch?v=c_h9blG8y10&feature=youtu.be&t=1024
https://www.pressreader.com/ireland/irish-independent/20181105/282939566305071
INTERESTING ;
BUT,- MANY FRENCH PEOPLE ARE CORRECT IN EXPRESSING THEIR WISH TO SAVE FRANCE FOR THE FRENCH, & STOP FRANCE FROM DETRIMENTALLY INTERFERING IN OTHER NATIONS.
.
The Fake Manufactured Yellow Vest Movement | Soviet Active Measures
.
Brendon O’Connell
.
Dec 12, 2018
.
.
https://www.youtube.com/watch?v=GkPskVulSJU
“It’s the Peelers.”
.
“Who ?”
.
“It’s the Garda-Landlords / Landlord-Gardai it is so it is.”
.
https://www.irishtimes.com/news/politics/oireachtas/garda%C3%AD-aided-and-abetted-eviction-of-two-elderly-people-d%C3%A1il-hears-1.3729429?mode=sample&auth-failed=1&pw-origin=https%3A%2F%2Fwww.irishtimes.com%2Fnews%2Fpolitics%2Foireachtas%2Fgarda%25C3%25AD-aided-and-abetted-eviction-of-two-elderly-people-d%25C3%25A1il-hears-1.3729429
.
.
https://www.irishtimes.com/news/crime-and-law/hundreds-protest-in-castlerea-over-men-s-alleged-assault-by-garda-1.3733223?mode=sample&auth-failed=1&pw-origin=https%3A%2F%2Fwww.irishtimes.com%2Fnews%2Fcrime-and-law%2Fhundreds-protest-in-castlerea-over-men-s-alleged-assault-by-garda-1.3733223
The joys of Landlordism ;
.
https://www.irishtimes.com/news/crime-and-law/td-calls-for-calm-after-eight-security-guards-injured-in-eviction-house-attack-1.3733011?mode=sample&auth-failed=1&pw-origin=https%3A%2F%2Fwww.irishtimes.com%2Fnews%2Fcrime-and-law%2Ftd-calls-for-calm-after-eight-security-guards-injured-in-eviction-house-attack-1.3733011
Never mind shares. Follow the money Gold Flowing From West To East and Now To Goldman Sachs GoldCore Published: Monday, 17 December 2018 Gold is not only flowing from West to East. It is also flowing into the house account at Goldman Sachs. Or at least the paper claims for it in New York. Below is the monthly report showing the large amounts of physical gold which have been steadily flowing through the Shanghai markets into strong hands in China. Few commentators are talking about this.?x64374 What is less familiar, and what I have not read about much, is the… Read more »
So, you thought you had paid off all your debts?? (other sources suggest the world debt is 250 Trillion but what is 65 trillion between friends).
*Debt Worldwide Hits Record $184 Trillion, or $86,000 Per Person
Bloomberg
https://www.bloomberg.com//news/articles/2018-12- 13/debt-worldwide-hits-record-1
84-trillion-or-86-000- per- person?srnd=markets-vp
***
The beginning of the end of the Trumpian era
https://youtu.be/MdHtAzFNwjE?t=22
THE MOTHER OF NEW DEALS WITH THE MOTHER OF MULTINATIONALS [ Taiwan Semiconductor Manufacturing Company ( TSMC ) ; TSMC dwarfs Intel ] . Ref. Blogger linked by Grzegorz above . TITLE ; Trump Is Raping Your Wife & Telling You They’re Dancing . Brendon O’Connell . Nov 28, 2018 . BLURB ; Trump hands more technology to China via Israel. . . https://www.youtube.com/watch?v=NiD4KgTZEcE . >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> . ALSO,- CONSIDER THE FOLLOWING IN THE GEO-POLITICO SCHEME OF THINGS , Israel want P-I-E-C-E …. of Libya, Afghanistan, & Law [ L.A.W. ] . FROM THE VERY KOSHER “REUTERS” . TITLE ; Netanyahu… Read more »
mike flannelly Hi Tony, Attempt at sustainable rent . There are a few general rules of thumb for rent. One is that a rental applicant/applicants must earn 40 times a months rent or more to even be considered as a suitable tenant. This meant that a tenant can not pay more than 30% of income on rent. Over 30% is unsustainable. Fragile for tenant and landlord. A couple with €5000/mth net income have a max rent threshold of €1500/mth. ( 40 x 1500 = 60000 ) IN CANADA THERE IS NO SET AMOUNT DEEMED AS A GENERAL RULE FOR AFFORDABILITY.… Read more »