Saturday, 18 July 2015

International Finance: 'tis a wonderous thing

Well, I could not resist sending the following to the FT which kindly published it:

For the British economy to grow - and hence for Britain to reduce its debt - corporation tax must be lowered and people must not pay so much income tax. 

For the Greek economy to grow, corporation tax must be raised and the people must pay more income tax. 

We mere mortals can but marvel at the subtleties of our political masters in their understanding of matters financial - for the ways of the 'Market' are mysterious indeed to the unenlightened.

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