Monday, June 23, 2008

Comparisons are odious



Why has the American stockmarket done so much better than us since 1990?

And which way will these lines turn now?

3 comments:

James Higham said...

Why has the American stockmarket done so much better than us since 1990?

Greater propensity for panic?

Sackerson said...

Buongiorno, James, had your morning coffee yet?

Would the disparity have anything to do with tax? Or has US monetary inflation been worse than ours? Or is it to do with the biggest corporations getting bigger, and happening to be American?

Wolfie said...

Its entirely due to taxation, and not just direct tax but a myriad of corporate taxes and levies.

Its like pouring goo onto the economy.