Archive for November 5th, 2010

Stop committing economic suicide.., as follows: »

OK, Part 1 of the Four Year National Revival plan (FYNRP) is to stop doing the things that are getting us into a deeper and deeper hole and start earning some respect from our creditors. Take NAMA. A good idea in principle when first launched, it has become a monster !. Instead of “saving” the […]

Why Ireland must pay a higher interest rate……. »

I submitted this to the IrishEcomony.ie blog today and reproduce it here for the other two readers: About these widening spreads….I suspect they are related to NAMA, which is the source of the great majority of new Irish debt. Last February I worked out approximately that, based on the preliminary NAMA Business plan, the interest […]

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