Case for nationalising the Irish banks
Strong list of economists arguing in Friday’s Irish Times for nationalising the Irish banks. I’ve argued this postion previously in this blog. Recent developments would not change my opinion. Seems to me that the NAMA process is simply going to drag out the inevitable. If the assets are written down properyly in the banks before [...]
Ireland – emergency budget 2009
Jsut attended the KPMG client breakfast seminar re yesterday’s budget. The KPMG update is available on their site: http://www.kpmg.ie/budget/overview/index.htm. Plenty of debate. Matt Cooper of Sunday Times pretty forthright as usual. Whatever about the merits of tax increases v. public expenditure cuts I would expect that the budget should attract reasonably positive interntional coverage – [...]