You know, for a deal that was supposedly forced on us by dose dam Rupeans in de Easy Bee they’re doing a pretty good job of pulling the wool over our eyes and acting as if this was another stoke, another act of self-preservation, pulled by the Irish moneyed classes, same as the bank guarantee […]
Archive for the 'god's away on business' Category
[Edit 25 Jan 2013: just found an article from the Irish Independent from 22 July last year which had already covered this story. Article is here.]
This is Miriam O’Callaghan’s company, Baby Blue Productions, and the amount of corporation tax due over the past three years. The information is from the FAME database of UK and […]
Ireland is quite willing to adjust its fiscal laws discreetly to attract even one big name. It did so for Merrill Lynch, whose presence in Ireland it has long sought.
… With Merrill Lynch specifically in mind, it changed the 1995 Finance Act. The revision allows foreign branches of Irish-registered companies to receive complete tax exemption […]
The image is of an article n the FT on plans to regulate the marketing of real estate investment trusts to retail - or private - investors in Britain. These plans were met with an opening of the market for these risky schemes here in Ireland. The Irish Independent article linked here is written by […]
Full report here.
September 2007 was the month when property prices in Ireland reached their peak. From then on they started to slip. Contrary to popular belief, the crisis in September 2008 (12 months later) was not caused by a property crash as it hadn’t happened by then. It was caused by a crisis in the inter-bank lending […]
Dirk Bezemer, INET.
?”Benes and Kumhof describe this perception of banks as mere intermediaries between savers and borrowers as the hallmark of someone who doesn’t understand banking.” (Steve Keen, 12 November 2012).
Anyone who has read Mellor, Graeber, Ingham, will find nothing new here, but very interesting to read it in an IMF paper. The intermediary hypothesis is the […]
Brian Goggin, local expertise…
?”Over the past four years, the Federal Reserve has more than tripled the monetary base, a key determinant of money supply. Some commentators have sounded an alarm that this massive expansion of the monetary base will inexorably lead to high inflation, à la Friedman.
Despite these dire predictions, inflation in the United States has been the […]