2008: When banks independently all decided to make a similar decision This week five years ago is when independent mortgage advisors were in the middle of getting some harsh news, some lenders were pulling... Continue reading
No credit? Try some dodgy tax incentives (they work) The recent Central Bank report on a property market that has 'overshot' is front page news on the broadsheets. This phenomena has been ... Continue reading
Should the regulator get involved with mortgage pricing? We touched on this topic over on MyHome.ie last Friday in our weekly blog contribution to their site. It is important to look at this ... Continue reading
Turning points? Back into recession methinks… I hope you enjoyed the first round of economic history from 2008 to 2011, I think it is time for round 2. Alan Greenspan was on CNBC l... Continue reading
Feasta & Smart Taxes Conference: September 22nd & 23rd Feasta and the Smart Taxes Network are holding a conference on the 22nd & 23rd of September in the Mont Clare Hotel in Dublin 2. Th... Continue reading
The ‘Cost’ of Regulation David McWilliams hit an interesting point in today's piece in the Independent about having 'too much regulation', and how it may repel ... Continue reading
What will come of it all? Eurobonds? Probably not… If you look at the dynamic of the crisis to date you see the following flow (broadly but not exactly) 1. Sub-prime mortgages in the US... Continue reading
Credit Default Swaps Credit Default Swaps (CDS's) are an over the counter (not bought or sold through an exchange) product which gives the buyer insurance i... Continue reading
The ‘big bad bank run’ is very quiet bank run as defined by Barron's dictionary of banking terminology as follows: 'A series of unexpected cash withdrawals caused by a sud... Continue reading