Confidence in action

How much will we owe in 2012? Ireland’s Debt/GDP reached a record low of 25% in 2006. At the end of 2009, it stood at 66%, as the government went on a borrowing spree to bail out banks while tax revenues plummeted. Our gross debt ratio is projected to rise to 84% by end 2010. […]

An Cúige

David Cameron has let the cat out of the bag. Northern Ireland costs too much. Wikipedia puts the cost to the British exchequer at five billion quid in 2006. That’s one fifth of all economic output. Annually. Despite this, the North remains an economic basketcase. By contrast, the Republic benefited from a EU investment in […]

Rock Bottom

Anyone seeking for a metaphor for all that is wrong with Ireland at the moment need look no farther than the Dublin docklands. There, you will find the proposed new headquarters for Anglo Irish Bank, a building planned in happier days, before the bank imploded and was nationalised. A government strapped for cash as tax […]