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If old companies move, new companies would spring up to take their place. The reason this would happen is because the demand is still there. People don't stop b
by ZenoArrow 11y ago
If old companies move, new companies would spring up to take their place. The reason this would happen is because the demand is still there. People don't stop buying clothes just because a clothes shop stops trading in their country.
- douche 11y agoThey do if the industry leaves, and the wealth creation that that industry provided dries up. Look at the Rust Belt.
- ZenoArrow 11y ago> "Look at the Rust Belt." http://www.thedailybeast.com/articles/2014/12/07/the-rustbelt-roars-back-from-the-dead.html http://www.thedailybeast.com/articles/2014/12/07/the-rustbel...
- dinkumthinkum 11y agoThe people in the Cayman's will successfully fulfill that demand, I don't really understand that point.
- ZenoArrow 11y agoExplain how.
- innocentoldguy 11y agoTake a basic economics course.
- innocentoldguy 11y agoWhy would they? If you knew that the potential rewards for a given business risk would be stolen from you via the government, why would you bother taking the risk in the first place?