Mansergh vs. Ward on BBC2 NI “Hearts and Minds”: Youtube
Martin Mansergh, junior minister for Finance, and I had a very lively discussion on the telly last night. We were, of course, talking about the economy. He was a nice man but he was completely...
View ArticleA SIM game for Nama?
Remember the computer simulation game SimCity in the early 1990s? The objective of SimCity was to build and design a city either without specific goals or towards certain scenarios. The game allowed...
View ArticleNobel Prize-winning economist says NO to Nama
Nama is a bad idea said Professor Joseph Stiglitz, a Nobel Prize-winning economist, on Wednesday night while addressing Trinity College’s historical society. Nama is likely to “burden this generation...
View ArticleNama: not fit for purpose
Last night’s Leviathan debate was an interesting one – despite the egg-throwing – and it showed even more clearly that Nama is not fit for its purpose and that the politicans have no idea what they are...
View ArticleUS banks get new rules on property
From WSJ: “[US] banks have generally been keeping a lid on commercial real-estate losses by extending these mortgages upon maturity. However, that practice, billed by many industry observers as...
View ArticleNewstalk interview with author of Ireland and the Global Question, Michael...
Chat with the author of Ireland and the Global Question about Ireland’s managed default. Listen!
View ArticleWill Ireland concede on Irish corporation tax? Interviewed on BBC World...
BBC World Service “World Business Report” asked me “What will Ireland say if EU leaders insists it increases its corporation tax rate in line with other European countries?” BBC World Service “World...
View ArticleOccupy Wall Street movement reopens foreclosed homes
From Reuters Dec 10, 2011: Empty homes were the target of this latest protest by the Occupy Wall Street Movement. In this case their attention was focussed on four homes abandoned or foreclosed in an...
View ArticleHow do you solve a problem like the bank system? (Sound of Music)
How do you solve a problem like the bank system? (based on “How do you solve a problem like Maria?” from the Sound of Music) By Margaret E. Ward They climb the market and scrape their pocket The Armani...
View ArticleThe China Conundrum: should we be asking more questions before getting into...
Chinese interest in Ireland seems, on the surface, to be the answer to all our financial problems. It’s a dream come true for the Government yet shouldn’t China’s previous development track record be...
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