Sunday February 23, 2020

Should we fear an SME loan meltdown?

In 2007 Professor Morgan Kelly identified the likely 50 per cent fall in Irish house prices.

16th March, 2014

In 2007 Professor Morgan Kelly identified the likely 50 per cent fall in Irish house prices. He set out the implications this would have for construction employment but suggested that the larger banks were ''well-capitalised with unemployment and ''macroeconomic dislocation being the main problems that would emerge. The analysis was incredibly accurate on house prices and the consequences for employment and it wasn't long before the impact on the banking sector also became clear.

The key factor...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 1 month ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago