I found this article in the New Zealand Herald. It is about a well known Irish business man suggesting that New Zealand adopt a similar pro-business stance that Ireland first adopted many years ago.
One interesting nugget in there was that Deutsche Bank projects Ireland to be the second largest economy in Europe by 2020.
I have exposure to both countries personally and for most clients. If either of these countries grow anywhere near what some project it would be logical to think that some of that growth would come at the US' expense. There are many countries that would also fit that bill.
This all speaks to trying to manage what is going on now and what might happen off in the future.
Trade numbers? Oops.
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Random Roger
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2 comments:
Actually the article says Ireland may have the second largest per capita income (after the US) in the world by 2020.
and it means the second largest per capita GDP, which is not the same as income.
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