Loading ...Any company from one country, doing unfettered “promiscuous” business activity in somebody else’s country, then that alien country is the “burdened vehicle”, and subject to “getting thrown out” or taxed. Note USA is starting tariffs, taxes on some US based global businesses, that avoid US labor and taxes, NOT really “China” per say getting taxed.
Like the quote I coined after Bernie Madoff got nailed, about everything going into reverse…..”If you were getting away with something, that wasn’t right, you should stop before you get caught” Mr. Copper circa 2009.
Prior examples of unfettered “promiscuous” business were Slavery, Woman’s rights, Immigrants rights, Gay’s rights etc. I think many big globally operating businesses are going to have problems if they have been getting away with something, that USED to be all right for decades, but not alright in the future like slavery etc.
The latest is “pissing away money on war games” in Korea.