How Ireland got too much money
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
Forty years ago Ireland had a high number of emigrants and very few multinational corporations. Then it became a tax haven. Today, the country is the headquarters for the European arms of companies such as Apple, Google and Intel. The country also has an €8bn surplus, and is about to get €13bn more following a court ruling with the iPhone maker. Today on the show, Katie Martin and Irish economist David McWilliams try to figure out what Ireland should do with all this extra cash. Also they go short Trump Media and long the Netflix series, The Perfect Couple.
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You can email Robert Armstrong at robert.armstrong@ft.com and Katie Martin at katie.martin@ft.com.
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