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26 Sep 2012
With an unemployment rate of 25%, rising to a stunning 53% among the under 25's, the "austerity protests" currently happening in Madrid have an urgency and an anger we have yet to see here.
europe
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economics
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07 May 2011
According to Kelly, national bankruptcy is inevitable and the only way we'll survive is by having balls of steel, telling the ECB to go shove it, and rejecting the bailout.
What we need is to have Grace O'Malley or Charles Bronson as Taoiseach - but what we have is Enda & Co. We are totally fecked.
Let's get really really drunk and hopefully it'll all be better when we sober up. That worked before, right?
(Though contrary to popular opinion, I am not actually an economist, so for all I know maybe Prof Kelly has it all assways and sure we'll be grand. Here's hopin' Bernie!)
economics
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ireland
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3
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12 Apr 2011
It's got ghost cities.
China's economy hasn't even crashed yet, and it's property bubble is still expanding, but it already has ghost estates that make ours' look like lego properties. I ain't no economist but I am willing to bet that this isn't going to end well. It's all so eerily familiar (yes, different too, but there are echoes of our recent past) only on a massive, scary scale.
world
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economics
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3
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17 Feb 2011
According to McWilliams, the only way to halt the inevitable slide into an IMF/EU abyss is to hold a referendum and shout 'Stop!".
ireland
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economics
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people
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7
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12 Dec 2010
An Irishman somewhere in North America explains to a reporter what happened to the Celtic Tiger - it was all the "arseholes" and "wankers" fault. Stick with it to the very end when he finds out that Michael Flatley is from Chicago!
random
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economics
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07 Dec 2010
On the eve of today's budget when we all find out how we're going to end up paying for Anglo.
economics
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ireland
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dublin
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29 Nov 2010
As I keep saying, I'm not an economist so how the hell am I supposed to know whom to believe? And even if I were an economist, it would appear that I still wouldn't know what the best thing to do would be, seeing as every economist seems to have a different opinion, and all of those opinions are convincingly and confusingly printed in every paper every day.
So I'm sure every second person who reads this concise and sensible-seeming analysis will have a different opinion on it, but to my tiny gay mind, it seems about right. If you gamble on the world financial markets and expect to reap the rewards when you're winning, shouldn't you also expect to bear the losses when your loosing and not ask the citizenry to bear them for you?
economics
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ireland
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25 Nov 2010
When Brian Lenihan came out with the line "We all partied" last night on Prime Time when defending Fianna Fáil's handling of the economy, Twiter exploded with indignation from people who certainly had not "partied". The people who had not bought houses at crazy prices (because they could never have afforded to), or bought stocks in run-away banks, or sold land for development etc etc etc. So it's no surprise that someone has already uploaded it to YouTube.
politics
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ireland
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economics
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4
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24 Nov 2010
One of my best gays, filmmaker Paul Rowley, and his partner in film crime Nicky Grogan originally shot this short film as a companion piece to their feature film Morocco, a drama about mis-dealings within the property industry. With the escalation of the financial crisis over the past few days they thought it has particular resonance so Nicky and Paul re-cut it yesterday and put in online.
DIVESTMENT is set in a corporate board room during the Irish financial collapse. The executives grasp at straws to save their own skin.
The dialogue is drawn from actual divestment 'war room' scenarios, terms used by the Irish property industry and investment bankers.
short film
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economics
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ireland
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1
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08 Nov 2010
If you weren't already depressed and frightened, then this piece in today's Irish Times should do the job. I'm no economist, and Dolly knows you read a different opinion everyday, but it's scary stuff. Greece is beginning to look positively inviting.
But if it makes you feel any better, the USA is in the shitter too. Though that shouldn't make you feel any better, 'cos if they go down, we all go down.
Ah but sure, it'll all be grand, right? Right? I mean if Germany and Japan were able to claw their way back after the war... right? Though at least they were able to get codine over the counter....
economics
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ireland
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usa
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