The importance of Land or Site Value Taxation, Fred Harrison, Karl Deeter and Stephen Reed Continue reading
Recent Irish bond yields explained in plain English. We are not issuing bonds, so the cost of servicing our debt has not magically risen to ‘7%’ because we are not borrowing at that rate, ... Continue reading
What happens when you lynch bankers? Every calamity in human history tends to have a corresponding scape goat. Often in financial busts it becomes xenophobic, race often pl... Continue reading
Debt/GDP or Debt/GNP are either of them a good metric? We hear about Debt/GDP all the time (national debt/Gross Domestic Product; total output of the economy) and the standard argument is th... Continue reading
Bond Bubble Looming, where does it end? We have been talking about this for a while (28/01/09, 11/03/09, 23/04/09), it was a popular topic on this blog in 2009 but well covere... Continue reading
Scary Chart: US Private Debt to GDP The US Private Debt to GDP chart is one that concerns me, it spells ‘deleveraging for many years’ in big bold letters. You don’t need m... Continue reading
Some thoughts on the HSE and access to healthcare. There is one cure for scarcity: abundance. When there is a scarcity of any resource nothing brings down the price quicker than abundanc... Continue reading
Canada did it so why can’t Ireland? The following is a piece by David Hay, the Chief Investment Officer of Evergreen Capital, it came to me via a newsletter sent by John M... Continue reading
How ‘Shared Equity’ in an arrears cases would(n’t) work This piece is a demonstration of the way in which a a bank will opt for ‘shared equity’ with a home owner who is in arrears as means to... Continue reading
Debt forgiveness & Writedowns, one in the same? Below is a comment made by the Regulator at UCC while talking to a group of compliance officers. “Reform of the bankruptcy regime co... Continue reading