Nixon lives on. The bulge of credit, debt and danger has simply been shunted into the shadows of leveraged loans, junk bonds, emerging market debt and myriad other dim crevices.
Recent job losses at pharma and electronics companies grabbed the headlines, but what is really happening in Ireland's manufacturing sector?
The younger cohorts of the Democrats hold zero allegiance to the old Washington Consensus that guaranteed Ireland’s place in the world of global commerce. Instead, they view exports to the US with both suspicion and distrust.
In his first report from China, ag-tech executive Ian Lahiffe writes that many find a comfort to the sacrifices being made in civil liberties for the ‘greater good’ and the era of surveillance had only made that proposition stronger.
Spurred by unprecedented low-cost long-term funding, Ireland needs to win the case in Brussels for splitting the capital budget from the current budget, and to fund the former separately as a long-term asset.
PwC boss Feargal O’Rourke has strong views on everything from the Apple tax case to work-life balance. And unlike many accountants, he is not afraid to share them.
The markets are continuing to ignore the build up of the new debt bubble. Trouble is looming.
Paschal Donohoe created a clear juxtaposition between his decision to rein in institutional investor profits (and stymy a tax move by Green Reit) and his support for small Irish business though a €1.2bn Brexit package and an overhaul of several schemes.
Budget 2020 is rightly being framed against the backdrop of Brexit. But the global economic mood music is increasingly depressed and there is little the government can do about it.
Brexit is forcing us to deal with multiple paradoxes at the same time. A phenomenon which can only harm us when it happens is actually helping us before it hits, as it calms our economy down.
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