The Other Hand15 Syys 2024

Draghi to Brussels: do whatever it takes or the EU is toast. Irish inflation, American debt and the mystery of still too high Euro interest rates.

Irish inflation this week confirmed that the economy is showing few, if any, obvious signs of overheating. Prices are still going. up but at their slowest pace in a long while. That said, prices are 20% higher than we saw pre-pandemic.

Memo to economists: don't pretend you know what causes inflation.

European interest rates are still too high.

When does government debt matter? 100% of GDP? 300% of GDP? As always, it all depends! But the US is adding to its debt in a most reckless and unsustainable manner.

The Draghi report is worth reading at least twice. It is incredibly hard hitting. Europe's economy is falling far behind the US. His message to Euope's policymakers: do whatever it takes to catch up. Otherwise, the European project risks failure.

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Jaksot(533)

Higher interest rates on the way? Japan to blow up the financial world?

Who is responsible? Hosted on Acast. See acast.com/privacy for more information.

19 Elo 37min

Banks are destined to go the way of video stores and travel agents. In the age of AI are we also living in the stupid age?

Jim finishes up in Wales Hosted on Acast. See acast.com/privacy for more information.

16 Elo 38min

Inflation is the dog that is yet to bark - loudly anyway.

Is Jim in denial? Hosted on Acast. See acast.com/privacy for more information.

14 Elo 32min

Does education pay off? What is education for anyway?

Will it ever rain again? Hosted on Acast. See acast.com/privacy for more information.

12 Elo 42min

Cost of living crisis, inflation & debt. The Finance Minister is drowning (in cash) not waving.

Why are we so bad at planning, procurement & budgeting? Hosted on Acast. See acast.com/privacy for more information.

9 Elo 43min

Ireland-UK vibes. A rapidly changing world. AI hysteria

All the latest data Hosted on Acast. See acast.com/privacy for more information.

6 Elo 39min

Plato said we should be ruled by philosopher kings. The Tech Bros seem to agree. Democracy is so over.

Ireland distorts the economic data, again. Hosted on Acast. See acast.com/privacy for more information.

2 Elo 48min

Is the AI bubble bursting or just deflating? What will a stockmarket crash do to the Irish economy?

Does regional development ever work? Hosted on Acast. See acast.com/privacy for more information.

28 Heinä 39min

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