Ah, it could be worse. I could have paid money to read this article:
“Böll was writing about the Ireland of half a century ago, but how much, in its mass psychology and deep culture, has the country really changed since? Were we not, in the boom years, still in the grip of a 19th-century land […]
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This is what the Irish times had to say today:
Irish bond yields spiked today as the collapse of Portugal’s budget discussions and Greece’s tax revenue shortfalls reignited concerns that peripheral European countries may struggle to cut their deficits.
The yield on Ireland’s ten-year bonds closed at 668 basis points today, the highest level in almost a […]
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The ESRI’s analysis of the effects of budget tightening on the recovery raises many good points. It may also be correct in its view that an adjustment of the magnitude being contemplated would depress economic growth to the point that public debt dynamics become unmanageable. But it may not. The truth is that nobody knows, […]
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I’m working my way through my notes for the industry and foreign investment chapter at the moment - the consolidation of the Irish industrial comprador class - and came across this typically smug, stupid editorial from Geraldine Kennedy, former TD for the Progressive Democrats and current editor of the Irish Telegraph Times.
It’s entitled […]
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Negative equity is only a problem if you need to sell your property urgently, either because you can’t make payments or for family reasons. As regards the first motive for those who bought as first-time buyers - the most likely buyers to have 100 per cent mortgages - government plans to abolish stamp duty will […]
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Dan O’Brien’s tough and uncompromising collection of stuff he has pulled out of his ass, has just been launched.
You can get a sense of Dan O’Brien’s analysis over on Irish Left Review.
There are some more quotes here.
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I was reading Michael Taft’s post on Progressive Economy today, where he was talking about the economic nonsense of a certain Chris Johns, chief executive of Bank of Ireland Asset Management.
Johns has written an article for the Sunday Business Post, telling us all that we can’t raise taxes any further, and that we just […]
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“Most people who haven’t engaged with the system before and don’t know how to maximise benefits have no idea what they’re heading into. They are asked to produce bank statements and they produce them – only to find that no help is forthcoming until they’ve made themselves completely broke. (”Taking stock of the newly destitute“, […]
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It’s only been a year, but let us not forget that when it comes to cutting social welfare as a form of economic “pragmatism”, this is the Irish Times with some typical “pragmatic” economic advice.
From 4 April 2008.
Enjoy.
“BUYING A HOUSE CAN NOW BEAT RENTING
AFFORDABILITY FOR first-time buyers continues to improve as house prices fall, according […]
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