The issue with the case against ‘Reckless lending’ In operations I have two main roles, firstly is the obvious operational aspect of any company which has to do with logistics of loan su... Continue reading
Are investment property owners ‘hard pressed’? PTsb are going to take away investors tracker mortgages unless they go to capital and interest payments, that story was broken by Charl... Continue reading
Strong Currency There is an automatic assumption that a strong currency (in particular against the USD) leads to a difficult exporting position because... Continue reading
The Heirarchy in AIB (and any bank for that matter) It is simple, and it is straight forward, there is a line of people who take the pain when banks encounter problems and it goes like th... Continue reading
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
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