This chart comes from the latest report on Jersey's economic situation:
41.7% from financial services.
14.2% from rents.
However you look at it that's the ultimate screwed up economy, destroyed by the whole idea of rentierism.
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I’m surprised at the relative insignificance of agriculture and tourism to be honest. Interesting!
Astonishing…
It depends how you cut it… Tourism doesn’t generate a large amount of income, but it does support a sizeable number of (low-paid) jobs.
A model of a feudal state, one the Right has talked about for Britain.
What was the % from Financial Services ten years ago? It was 49.6%. To use one of your favourite phrases you have to like the ‘direction of travel’.
Also, bear in mind that a large part of the construction industry is dependent on property owners, the landlords and owners of valuable houses (many of whom work in finance).
The economy really is a house of cards.