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 …