Why has the American stockmarket done so much better than us since 1990?
And which way will these lines turn now?
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:
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Why has the American stockmarket done so much better than us since 1990?
ReplyDeleteGreater propensity for panic?
Buongiorno, James, had your morning coffee yet?
ReplyDeleteWould 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?
Its entirely due to taxation, and not just direct tax but a myriad of corporate taxes and levies.
ReplyDeleteIts like pouring goo onto the economy.