Ireland is in a bubble, not one related to credit, but to complacency and a misunderstanding of the world as it now is.
Despite strong warnings from the Central Bank, the ESRI and the Fiscal Advisory Council, the government looks set to blow past its own spending rules. Colm McCarthy warns that Ireland risks repeating old mistakes.
Currencies don’t lie. They give a real-time vindication or condemnation for a country’s economic outlook, and the standing of the pound is sending warning signals ahead of November's UK budget.
While the Irish economy continues to thrive, it presents no justification for runaway budget spending and remains exposed to US risks – but still offers a healthier picture than those of its neighbours.
Private equity's push further into the realm of continuation funds increasingly looks like a Ponzi scheme. Matched with US efforts to open PE assets to retail investors, it has the potential for disaster.
The Economist magazine's claim that Ireland is not "truly rich" just reflects how little has been attempted to check if the country was. Beyond the distortion caused by multinationals, there are many metrics from which to build a credible prosperity index.
Ireland's economic performance is masking deeper vulnerabilities such as over-reliance on corporation tax and exposure to global shocks. Now might be time for a Plan B.
Trump’s latest firing over bad job data isn’t just political theatre — it echoes a worrying global trend.
As AI accelerates change at breakneck speed, futurist Haim Israel is charting the mega-trends that will define the next 20 years — from data monopolies and energy crises to the rise of social intelligence and the reinvention of healthcare.
The timing could hardly be worse to make decisions on the fiscal space or capital commitments. The Government’s big announcements are really just holding positions.
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