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  • The Mark of Cain

    April 29, 2009 @ 11:46 am | by Harry McGee

    The ESRI’s first forecast pointing to any contraction in the Irish economy was made only at the end of June last year.

    This morning’s reports on the institute’s spring quarterly economic commentary (see story here) makes for ghastly reading. A 9.2 per cent shrinkage this year. A 14 per cent contraction over the next three years. Unemployment to reach almost 17 per cent next year. That’s what it was like at the worst period in the 1980s. It’s even gloomier than that, says the ESRI. The landscape it paints is that of an arid dustbowl somewhere in California in the 1930s. (more…)

  • And then there were…

    February 19, 2009 @ 8:49 pm | by Harry McGee

    …Ten.

     I think anybody who follows politics and finance closely could probably guess the identities of at least half of the ten bankers involved (I hasten to add that I have no inside knowledge as to their identities).

    (more…)

  • On the rebound

    February 6, 2009 @ 4:48 pm | by Harry McGee

    Brian Cowen has had a good few terrible weeks in the 35 weeks since he became leader (about 32 I’d say). But this has been a great week for him. Twice he has dispensed with the scripts he hates and spoken from notes and from the heart. And it has worked. (more…)

  • Eaten bread…

    February 4, 2009 @ 11:45 am | by Harry McGee

    I wasn’t a huge fan of the novels of John Updike, who died last week, though the writing itself was always remarkable. The stories themselves, the characters, never really gripped me. I interviewed him about 15 years ago and asked him a lot of stupid and forgettable questions. (more…)


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