Below are extracts from two arguments taken from the discussion section of this website:
Phil Toms says:
I find your inability to empathise with your own tribe, those who share your culture, society, economy, welfare, accent, genes, a little breathtaking. Our economy, like that of Iceland or Greece, is vulnerable to sovereign bankruptcy. Germany has suggested Greece should sell some of its islands, which would lead to Greece actually being smaller.
This, I suppose is of no concern to you, capitalists selling to capitalists, but in the world we have to live in, if our economy shrinks we get poorer. It makes little difference whether it is an American capitalist corporation or a Chinese capitalist corporation, and perhaps it is you who imagine a difference. A company registered in the Cayman Islands does so to avoid paying tax where it actually does business, depriving that country of income, which translates into public money. Read the rest of this entry »