Discover and read the best of Twitter Threads about #DomesticDemand

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According to Zhang Tao, member of CF40 Academic Commitee, China will be the first to restore substantial production capacity after it succeeds in combating the pandemic. mp.weixin.qq.com/s/E8Vivg7Bhd9v…
Taking into account that China is at the supply side of a large number of #globalsupplychains for medical and pharmaceutical resources, other economies could overcome the pandemic with the support from China.
It is worth noting that how powerful China's role will be and how soon China’s support will take effect is influenced by three factors.
Read 7 tweets
Why GDP and GNP should NOT be used as reference points for measuring the size of #Ireland economy? Two charts: 1) The two measures are not even on-trend with the real demand, 2) The gap between MNCs-shenanigans in Irish Nat. Accounts & the real domestic demand is MASSIVE 82% +
+ So for all my learned friends, esp in the likes of @CatoInstitute @FraserInstitute @danieljmitchell et al: what your Indices of Economic Freedom rankings for #Ireland reflect is the vast transfer of economic power from the residents of Ireland to Multinational Corporates. +
+ As long as you continue to reference Irish GDP as a base for your Indices, you will miss the true extent of over-regulation, over-taxation, cronyism, corruption imposed onto ordinary Irish people, businesses, & entrepreneurs, by the monopolization of Irish policies & politics+
Read 19 tweets

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