Ireland – the Final Chapter? Well, the Irish government and the EU came to an agreement last night on a bailout of 85 Billion Euro. That was 10 Billion Euro for an increased banking capitalization, 25 Billion Euro for future bank problems, and 50 Billion Euro to run the Irish government as they work their [...]
In case you wondered what was happening in Ireland, the political farce is playing out as I predicted. The current government is now being asked to resign by its partners, the Green Party. Europe is in a semi-crisis as the rest of the world wonders if Spain will now go under. Time will tell. Gold [...]
One of the esteemed economyguy readers pointed out something that caught my interest and I thought would be useful to share it with everyone. Here is the exact statement that I wrote in economyguy. “The Irish total debt is 34% of the Irish GDP, and this is the highest percentage in all the Euro-zone nations. [...]
Ireland Moves On…… Here is my next edition from Ireland. I want to bring you up to date with how the Irish debt problem is evolving, and how it is now impacting other nations. Here is what is happening…. The Irish Fiscal Debt (the debt created by government spending) is being said to be solved [...]
More about Ireland….. I think I understand what is going on in Ireland much better now after listening to the great radio interviews and newspaper articles on the subject. As an aside, the media in Ireland is FAR better than anything in the US as they don’t show their political prejudices when they are interviewing [...]
Tax Planning – that is the subject of today’s economyguy. Hopefully, you will find this information timely and important to you. Here is my message for today. Every one of you needs to open a Roth IRA sometime this year. If you already have a Roth IRA, now is the year for you to fund [...]
Still in Ireland, and that last economyguy was so much fun to write that I am continuing today. The Irish government has come out and said that it will reducing spending 6 Billion Euros starting next year (and if you remember that is out of the 15 Billion Euros over a 4 year period), so [...]
Here I am in Ireland, and I will be sending you my observations on what the Europeans are doing to solve their economic problems. While you are reading this rambling, please consider the US situation, and what we are or are not doing to solve our own problems. Ireland is a great example of a [...]
