http://www.guardian.co.uk/business/audio/2009/nov/25/business-podcast-economics-john-maynard-keynes
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More time please
The first game of the new 2009-2010 Premier League season hit the 90 minute mark with Chelsea 1 – 1 Hull City. Enter the 4th official who was instructed by referee Alan Wiley to play a minimum of 6 minutes of injury time. Didier Drogba scores the winner and everyone goes home happy. Everyone except [...]
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Standards are poor?
In recent weeks the Irish government has become very much preoccupied in reversing the decision by the major credit rating agencies Moody’s, Standard & Poor’s and Fitch’s Ratings to downgrade Ireland’s credit rating from the prestigious AAA. According to official sources the triple A rating is bestowed upon securities considered the lowest risk to investors, [...]
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Economic Hangovers
A good article by Paul Krugman that disputes the Austrian theory of business cycle fluctuations, claiming that the practice of tough love only offers an easy way to moralise after years off excess, affording us a clear conscience. http://www.slate.com/id/9593
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Kerr’s having the last laugh…
On a lighter note former Irish manager Brian Kerr got back into the management game this week, taking charge of European minnows the Faroe Islands. Kerr has signed a contract through to the end of 2011 and is reportedly earning €450,ooo per year. Elements of the media scoffed at Kerr’s decision to take the reigns [...]
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Leaving the EMU? Euro Kidding!
In an interview with Today FM’s Matt Cooper on Thursday evening ,the Daily Telegraph’s International Business editor Ambrose Evans-Pritchard spoke in detail about the current woes facing the Irish economy. Central to his analysis were two noteworthy points. Firstly, according to Mr. Evans-Pritchard, Ireland is the only, yes only, economy in the world adopting contractionary fiscal [...]
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Help from the IMF – No thanks!
It’s refreshing to hear that Ireland is not the only European nation facing economic meltdown during the current economic climes. In fact another European Union member takes the gong for “worst performer” over the past 9 months – Latvia. Welcome to Riga where it is predicted that the economy will shrink by some 14% over the next [...]
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Arbitrage Explained
The country has just settle back to normality following huge Irish success at Prestbury Park last week where Irish trainers managed to successful land 9 of the 26 races that went to post at the famous Cheltenham venue. That’s a 35% strike ratio! Not bad I hear you say, well no wonder given that our government granted in excess of €70 million to Horse [...]
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Are Irish Woman to Blame…
Before anyone decides to shoot the messenger, this is actually taken from last weeks Irish Times NEWTON’S OPTIC: THE ANSWER to all our problems is staring us in the face. It may even be quite literally staring at you, right now, across the breakfast table. So put the paper down, stare back and ask yourself [...]
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Simpsons Set for Irish Adventure!
Amid the doom and gloom that has enveloped us, a ray of very apt “yellow” light shone through yesterday when Simpson’s creator Matt Groening announced the first, long-awaiting Simpson invasion of Ireland. The episode, named “In the Name of the Grandfather” (thanks go to Jim Sheridan) is the first of its kind to be screened [...]
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