While everyone is talking about Grexit, and all eyes are looking at Spain, more and more Irish people find it hard to repay their mortgages, which is a very bad sign of the inexistence of any sustainable recover of the irish economy.
Meanwhile in Ireland: mortgage arrears still growing
May 28th, 2012 | by Stanislas Jourdan | published in Warning signs | Leave A Comment »
French press gets trapped by Irish blah blah
March 31st, 2012 | by Stanislas Jourdan | published in Crisis routine | Leave A Comment »
On Thursday, the Irish government announced that it reached a deal about the promissory notes issue, that forces Ireland to pay 3,06 bn euros on march 31st. But this deal actually does not defer any payment neither relieves Ireland from its heavy debt burden. In France, the only newspaper that reported about this information was Les Echos. But […]
Hat tip to Vincent Browne
March 17th, 2012 | by Stanislas Jourdan | published in Crisis routine | Leave A Comment »
It’s been a while since I saw it the first time, but this video is worth watching again: Vincent Browne is a famous Irish journalist, known for his free-speech and critical thinking. A gem in today’s economical journalism landscape.