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Piccalilli Pit
Garys Economics
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Comments by "Piccalilli Pit" (@piccalillipit9211) on "Jeremy Hunt's "Black Swan" Events" video.
A QUESTION FOR YOU GARY I read a research paper that said the financial services in the City of London in effect created NEGATIVE GDP - they "contribute" £500 bill GDP But there is so little tax paid and so few wages paid that is should not be treated like normal GDP. Worse still, it suks up so much govt infrastructure investment, financial investment etc that it has a net NEGATIVE effect = to its official GDP. So in effect, the City of London adds up to a £1 trillion distortion on the GDP* I would love your thoughts on this. *Obviously I am massively simplifying for the purposes of YT comments
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IM FAIRNESS self-inflicted economic suicide IS a very rare event - Im not sure any other country has ever done this to its self.
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APPRANTLY BLACK SWANS only migrate to the UK How unlucky can you be???
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