closing

My Take On The Inventory Market Closing Down

In mid-November of 2009, The Economist wrote an article dealing with France’s sudden curiosity in Islamic banking. In America ideology played a significant position within the course of the economy, in Ireland this may not be the case. In Ireland it was more like a drunk profitable the lottery. Ten years of unprecedented wealth in Eire meant that the greedy received greedier, the haves had extra and the have nots continued to have nothing. There was no trickle down economics in Eire. While in America many politicians believed that strange individuals should own their own properties, politicians aspirations had little or no impact on the incentives supplied by lenders. In Ireland the other was the case, the lending establishments grew to become reckless as their loan books had government guarantees and first time home consumers and second property investors were wooed with incentives and really feel good Government encouragement.

Some …