ESRI optimism ignores what’s actually happening
If we are in such terrible trouble because our debt is so large, what about Uncle Sam?
There was a low turnout at the launch of the Economic and Social Research Institute’s (ESRI ) quarterly economic commentary last Monday morning. Perhaps the economic and business heavy hitters were down at the Four Courts for the Quinn Regulator case, which fizzled out within a minute of starting.
The message at the briefing was: don’t panic, everything is okay. There will be a resumption of moderate growth in 2011; the bank stuff is...
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