Superique's Review of Promoting Responsible Foreign Investment Act of 2014:
I believe that is a pretty useless Section since all Foreign Companies have to comply with the regulations where they are settled. When Shell, Zara and so many other multinational companies are working on a country, they have to comply with the laws of said country. As long as we don't have a piece of law giving privileges to foreign companies when it comes to Labor Regulation, then I see no reason why we should have this written in a law. The best word to define this Section is Redundant.
Good intentions, terrible consequences. It's good to give incentives for companies to product things in our country but it is impractical for most of the multinational companies to do that, specially by this non-voluntary and coercive methods. Such a terrible and authoritarian requirement will not attract companies, but it will make thousands of jobs, investments and capital fly out of the country and that's something that I believe that not even the less reasonable politician would want to see.
Good intentions as well, but terrible consequences. By prohibiting foreign nations of buying our treasury bonds, Section 3 will actually reduce abruptly liquidity and will hurt strongly our debt refinancing. As a result of a strong plummeting of resources, the Atlasian Government will have to raise its interest rates significantly to find interested domestic investors. That means that we will have terrible consequences for our economy. Higher interest rates may very well smash our domestic demand and suppress part of our consumption and that is not going to be good since our national economy is still growing slowly, our production costs are high and we ought to focus more on investments on the real economy rather than focusing on Treasury Bonds with high interest rates...
