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You think this stuff doesn’t go on in Paris or Frankfurt? Luxembourg is a whole city state dedicated to this kind of thing. They’re just better at keeping unde
by rusk 5y ago
You think this stuff doesn’t go on in Paris or Frankfurt? Luxembourg is a whole city state dedicated to this kind of thing.
They’re just better at keeping under the radar and probably have better PR.
- nivenkos 5y agoThe former PM of Luxembourg was also the head of the EU. They're running the dog and pony show.
- rusk 5y agoIt goes on everywhere. New York is the same. Ireland is an outlier in the fact that her ascendancy coincided with the US tech boom and language was an advantage. You have a very awkward situation developing and the current political leaders don't have the imagination to get out of it. The UK is an outlier because though they had a far more robust and diverse economy they threw everything into finance and have just burned any bridges back.
- Silhouette 5y agoThe UK is an outlier because though they had a far more robust and diverse economy they threw everything into finance and have just burned any bridges back. That's not really true. https://commonslibrary.parliament.uk/research-briefings/sn06193/ https://commonslibrary.parliament.uk/research-briefings/sn06... The financial services sector only contributes around 7% of total UK economic output.
- rusk 5y agoYeah that’s what they want you to think. Just like how Ireland has the highest GDP in Europe or some nonsense