Month: May 2010
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The Money Rollercoaster Ride. The Recession Diaries – May 25th
Davy Stockbrokers nailed it: we’re not wealthy now, we never were. Though we had years of high income, private investment in the productive economy was ‘pitiful’, opting instead for property…
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Frontline and Hunting For Mice. The Recession Diaries – May 19th
Monday night’s Frontline discussion was an object lesson in how to miss the point – a really big point in a really big way. In discussing spending cuts we were…
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What the Markets are Telling Us (and What our Commentators are Not). The Recession Diaries – May 16th
We are not Spain, we are not Italy, we are not Portugal. Repeat. We are not Spain, we are not Italy, we are not Portugal. In one sense, that’s correct.…
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Who Owns Ireland, Who Owns You. The Recession Diaries – May 13th
TASC's must read publication – Mapping the Golden Circle. You may have heard about this circle. You may have even referred to it. Here you can find out exactly…
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It Helps to Read. The Recession Diaries – May 12th
It would really help if some analysts took the time to read the reports they comment on. Take the EU Commission’s recent Spring Forecast – there was a titter of…
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It’s Employment, Stupid. The Recession Diaries – May 10th
If, as Keynes said, ‘If you look after unemployment, the budget will look after itself’ then no wonder the economy remains mired in an economic and fiscal crisis. Fianna Fail…
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Commentary on Irish Political Economy by Michael Taft, researcher for SIPTU
Notes on the Front 