The story of Irish political fortunes over the last two years…

Gerard has put up his company’s latest study of consumer confidence over the last two years… This chart in particular stands out: 1 for the massive dip when the bailout was finally forced upon the late Brian Lenihan; and two, the almost immediate upturn which probably reflects one, the recovery from shock and the anticipation of a coming general election… It also suggests, if you buy the extrapolation across from consumer to political confidence, that the current government is walking …

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Ireland’s long nightmare of generational private debt…

If you missed RTE’s Frontline last night it is well worth doubling back on. Anchored in some robust market research from Amarach, the conversation seemed to reveal a generational split between those concerned about the moral hazard implied in mass debt forgiveness and those pointing out the that those who have bought houses in the last ten/twelve years find themselves under an unprecedented collective burden that is simply unsustainable. Forgiving The Debt – An Amárach/Frontline Report June 2011 View more …

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