Almost all the US multi-nationals are repartiating profits
I'm surprised no one has mentioned that a great many 'Irish' companies seem to be foreign. Stroll through a shopping centre and many retail units seem to be from the UK. Okay, so they often have formed an irish company - but where do the profits end up?
It's not just retail outlets either. We also have foreign telecoms companies, banks etc... etc...
This is part of having 'free competition'.
hi..
just a general question.
there was a piece on the news 2 night ago about people from abroad sending money back home.
i am no economist and would like to know what effect this will (if any) have on the Irish economy
thanks in advance
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