Birdwatch Note Rating
2024-03-28 19:58:29 UTC - HELPFUL
Rated by Participant: F9AF2FCDDD571E5DEED5C7D7FB9F124313568CA5DE51131278A2CEEC1BEC3ADA
Participant Details
Original Note:
Irish GDP is heavily distorted by multinational companies such as Apple funnelling profits through the country due to its low tax. The Irish Central Bank admits this and suggests using AIC per capita which leaves Irish consumption behind many EU nations and the UK. https://www.centralbank.ie/docs/default-source/publications/economic-letters/vol-2021-no-1-is-ireland-really-the-most-prosperous-country-in-europe.pdf
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