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Trade deficit widens..

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Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    kabayiri wrote: »
    I think you illustrate the fact that the fortunes of major international companies and the fortunes of the original host country are not necessarily aligned.


    do you mean that the USA, Germany, Italy etc should have forbidden UK companies from investing in their respective countries?

    or do you mean the UK government should forbid selling foreign assets once acquired?
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    kabayiri wrote: »
    I think you illustrate the fact that the fortunes of major international companies and the fortunes of the original host country are not necessarily aligned.

    Or that the UK takes a very different stance to many other countries. When it comes to ownership. Short termism in taking a profit. Rather than holding an investment for the longer term.
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    kabayiri wrote: »
    I think you illustrate the fact that the fortunes of major international companies and the fortunes of the original host country are not necessarily aligned.


    It is all very efficient though apparently. Shareholders own each other in different countries have no allegiance to anywhere, pay as little tax into the system as possible, flit from one domicile to the next to pay even less.

    Then the G20+ countries can all get together, share information, to try and catch up with them.

    The wealth trickles down and there is no need to for governments to underwrite those that are too big to fail and or provide key products and services. If weak companies fail and take down others with them the strong persevere and things get better. Volatility doesn't matter continuous unnecessary change is good brings out the best. It works much better when there is endless credit and provident individuals to milk for some reason.
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    edited 7 September 2013 at 7:15PM
    shareholders i.e pension funds, ordinary people etc hold shares in vodaphone

    vodaphone hold shares in US verizon


    after the sale

    the existing shareholders will own shares in vodaphone and also they will hold shares directly in verizon

    the total wealth of the shareholders will be largely unchanged

    this clearly shows why we need state control of mobile phone companies and indeed tighter control of all multinationals
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