Tag Archives: property bubble

“Everyone qualified to explain what happened complicit in pushing this… would give the rope to hang commentariat”


From Phillip Pilkington, writing at NakedCapitalism: “almost every single person in Ireland today qualified to explain what happened was complicit in pushing this economic ideology. And so to explain to the Irish people what actually happened would be to give … Continue reading

Posted in Accountability, Austerity / Cutbacks, Bankers' Bailout, Budget, Commodities & Cost of Living, ECB/IMF, Economy, EU, Housing Bubble, Ideology, ireland | Tagged , , , , , , , , , | Leave a comment

The Problem, Outlined: ECB & the Property Bubble


Real-World Economics Review blog – Will the popular movements teach the European Central Bank economics?: …like the Communist Party in the Soviet Union, acceptance of the ideology is the price for admission into the clique of economists who can influence … Continue reading

Posted in Budget, ECB/IMF, Economy, EU, Euro / Sovereign Money, Geopolitics, History, Housing Bubble, Independence/Nationalism, ireland | Tagged , , | Leave a comment

Guest Post: The Irish Debacle – the Republic’s path to subordination to the ECB, EU Commission and IMF Troika (Anthony Coughlan)


Future historians will surely see Ireland’s joining the Eurozone in 1999 and abolishing its national currency to adopt the euro as the worst policy mistake ever made by the Irish State. It was an act of gross irresponsibility on the … Continue reading

Posted in Accountability, Bank Run, Bankers' Bailout, Debt Default/Restructuring, ECB/IMF, EU, Euro / Sovereign Money, Geopolitics, Greece, History, Housing Bubble, Ideology, Independence/Nationalism, ireland, Solutions, Superstate | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

“Slow-motion bank runs are already in progress in the European periphery… You can see why we’re now at the panic stage.” – Paul Krugman


Via Politics.ie – Nobel Memorial Prize winner Paul Krugman writes in the New York Times – The Euro Living Dangerously: So the ECB keeps saying that restructuring is unthinkable. Yet austerity programs are not working; the prospect of a return … Continue reading

Posted in Bank Run, Bankers' Bailout, Budget, Debt Default/Restructuring, ECB/IMF, Economy, EU, Euro / Sovereign Money, Geopolitics, Housing Bubble, ireland | Tagged , , , , , , | Leave a comment

Financial Times: “Germany & France have no business pinning Ireland to floor when Irish taxpayers are picking up the colossal bill for European banks”


From a Financial Times editorial – ‘Bully Beef’ Europe: This represents a dishonourable attempt to exploit the eurozone’s debt crisis as a means of bullying Ireland into policies that, so it is hoped in Berlin and Paris, will stem leakage … Continue reading

Posted in Bankers' Bailout, ECB/IMF, Economy, Elections, EU, Euro / Sovereign Money, Geopolitics, Housing Bubble, ireland, Taxation | Tagged , , , , , , | 1 Comment

“But… nobody could have seen this coming…”


Answer (1): Mr. McWilliams – October 2003 Answer (2): An Phoblacht – ECONOMIC CRISIS: As far back as 2006, Sinn Féin was pointing out the structural problems in the Irish public finances; WHO WILL YOU BELIEVE NOW?

Posted in Accountability, Audio/Video, Bankers' Bailout, Budget, ECB/IMF, Economy, Elections, EU, Euro / Sovereign Money, History, Housing Bubble, ireland | Tagged , , , , | Leave a comment