ECB Cut Rates by 0.5% bringing the ECB base rate to 3.75% The ECB rate change has given many of us a pleasant surprise, the ECB has cut rates by 0.5% giving a new base rate of 3.75%. For many o... Continue reading
How to fix the budget in two easy steps & be unpopular We have a deficit, we don’t have the money required to run the country and that means we are in a hole. In July we told that it was €5.... Continue reading
Bailout Abuse – distortions occur within 24 hours of Finance Bill It is no secret that your author is anti-intervention, we speak at times about market distortions caused by government intervention. Th... Continue reading
The road less travelled and life in the new world I wrote Monday night/Tuesday morning about buying distressed stocks. So yesterday morning I bought Anglo Irish at €2.94 and today they ... Continue reading
You must be thinking of a different Karl Deeter mortgage guy. I have been nominated for an Irish Internet Association net-visionary award as best business blogger . I guess the lonesome path of rea... Continue reading
Where is my bailout? The average investor has seen their portfolio decrease in value by about 20%, the average property owner is not far off that either. Th... Continue reading
Deposit Guarantee Scheme revamped to cover €100,000 The Deposit Guarantee Scheme has been revamped as of yesterday to cover any depositer in an Irish institution for up to €100,000 per pe... Continue reading
So with lower house prices you make big savings right?….erm…kind of… There has been much talk in the papers from many respected sources giving people the message that ‘now that prices have dropped its a g... Continue reading
A different idea for bailing out the property sector. There is a bailout coming, we saw the makings of it for a long time, first there was the talk of the central bank about the underlying ... Continue reading
Tom Parlon, preaching to the subverted. I don’t often take swipes in this blog but today there is a difference, somebody or some one (preferably a qualified psychiatric profes... Continue reading