As we speak, news is breaking of a deal involving the issue of new government bonds to cover the ruinous Anglo promissory notes. These bonds will mature in 2025 [...]
New Book — "What If Ireland Defaults?"
If you're a regular visitor here, you'll know what I think of the 2008 bank guarantee issued by the two Brians in the middle of the night, with a metaphorical [...]
Irish Fiscal Madness for Dummies
I'd like to introduce the latest member of the Bock Collective. Brian Lucey is Professor of Finance at the School of Business, Trinity College Dublin, which means he knows a lot more than [...]
Importer Gets Six Years for Garlic Smuggling
Who'd have thought that garlic was such a big deal? Last Friday, Paul Begley, a vegetable importer got six years in jail for evading €1.6 million in import tax due on [...]
Referendum on Fiscal Stability Treaty
Game on. Now we're in the big time as Ireland is set to vote on accepting the fiscal stability treaty and the pressure comes on to say Yes. My online [...]
Europe in Crisis Symposium, NUI Maynooth
Here's something I think would be worth attending if you happen to be anywhere within striking distance of Maynooth on Thursday. The Centre for the Study of Wider Europe and [...]
Athens Burns
The Greek national library is burning. It's happening now. Imagine that. The national library of Greece is burning to the ground. The national library of the country that gave us [...]
Enda Kenny Says Fiscal Compact Won't Bring More Austerity
Enda Kenny was on the radio this morning, talking about his recent head-patting encounter with Nicolas Sarkozy. He says the new fiscal compact won't cause any more austerity than we [...]
Making Sense of Anglo Debt, Promissory Notes and Burning Money in the Central Bank
For years, I thought my bank had a stock of anti-money in its vaults, and when my few shillings came into contact with the stuff, they were instantly annihilated. They [...]
Limerick Local Heroes
Anger is a positive emotion. There's a lot of it going around lately, and it grows deeper by the day, not helped by our prime minister telling the world that [...]












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