Earlier this year I was working in Australia and spent some time at the famous Bondi Beach where it became obvious to me that there were two types of people there.
The easy-credit drug was pushed from the top, right down to the poor debt junkies at the bottom
Could Patrick Honohan be our Noel Browne? Could Honohan’s inquiry into the fiasco of the banking mess be the 21st century equivalent of Browne’s Mother and Child scheme?
What are we going to do with small businesses that are flirting with bankruptcy? This week, I have had numerous â€˜end-of-seasonâ€™ conversations with businesspeople about the state of the nation. One of the recurring subjects was what are we going to do with the thousands of businesses that are close to going bust.
In recent weeks I’ve been travelling around the country, talking to people and listening to ideas about how best to get out of this mess. What is coming up in all conversation is the sense that the insiders in Ireland are getting away with it and the outsiders are being asked to take most of the pain.
If I had the ear of finance minister Brian Lenihan, Iâ€™d be telling him not to look a gift horse in the mouth. The British government has this week handed Ireland a gilt-edged opportunity to kick-start the battered IFSC and, with it, the fortunes of thousands of young Irish graduates and workers.