Lower inflation astonishes central bankers but comes as no surprise to everyone else. A week of obituaries.
Inflation surprises, again, by its rapid fall. But central bankers have been telling us that the 'last mile' will take years. The markets have been laughing at those central bankers. And it is said th...
1 Des 202333min
Trump, Orban, Meloni, Le Pen, Farage: the right unites around immigration
The right is rising, even in Ireland. Each country has its own drivers but immigration is a unifying grievance.How big a problem is this in Ireland?Should we all abandon social media? Follow the examp...
28 Nov 202329min
Riots & unemployed young men. At a time of full employment. Tech & export weakness not (yet?) showing up in the jobs data
What will be the business and economic consequences of the Dublin riots?There is often trouble when large pools of uneducated, unemployed young men are organised by old men - mad mullahs, army council...
26 Nov 202332min
Cry for Argentina. NIMBY's should vote for Sinn Fein. When will we declare the housing crisis over?
Argentina is a study in not how to do it. For a very long time. And here they go again. Weep for Argentina.Given the serial objections by Sinn Fein to house building in their back yard, NIMBY's should...
21 Nov 202336min
Economies are weakening - latest data. Markets start to think that interest rates are already too high
Solving the Irish housing crisis is, in principle, easy: just build 50,000 units a year until the word 'crisis' disappears from the headlines and public consciousness. Is that a practical, realistic p...
19 Nov 202331min
The 30 year war continues. History explains the latest battle. The Tories never disappoint.
The only way to understand the latest outbreak of fighting in the ongoing Conservative Party's 30 year war is to look back at history. This has all been going on for a long time.To paraphrase (only a ...
15 Nov 202337min
Cameron uncancelled. Rishi's change agenda unravels. Culture wars over?
Rishi Sunak surprises everybody - he is even capable of a surprise!Cameron is back in, Braverman is back out.Sunak wants to be the candidate for change?Look at Cameron's track record and weep. But cou...
14 Nov 202338min
Why is everything in the UK so crap? Why is zero growth now a good outcome?
In this episode Jim asks Chris if he is ghost writing articles for the FT.An actual FT journalist, one of their best, wrote an article about the things that Chris has been banging on about since The O...
13 Nov 202332min
