tag:blogger.com,1999:blog-1857914330119452318.post5719749236869961196..comments2024-02-21T08:39:12.590+00:00Comments on Ida and Keith at Mwandi: Sugar, Sugar….Ida and Keithhttp://www.blogger.com/profile/12332096997691038656noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1857914330119452318.post-70570451316629385132013-03-29T16:54:37.009+00:002013-03-29T16:54:37.009+00:00Bit slow to catch up on this one, I'm afraid.
...Bit slow to catch up on this one, I'm afraid.<br />Tax avoidance on this scale is terrifying. Of course Zambia is not alone, it happens not only throughout the developing economies, but has been much in the UK news too, where Starbucks, Amazon and others make huge profits, but export the tax liability.<br /><br />It's clear that national governments no longer rule the nations, which are completely in hock to multinational companies and financiers. National fiscal melt-downs are one consequence. <br /><br />In material terms, I am not hopeful for the years ahead of us. Thank God that our hope is elsewhere.Robert Simpsonnoreply@blogger.com