Friday, July 4, 2014

4/7/2014: Croke Park Country Booes...


After several requests, here is a quick estimate of Dublin economy's losses due to cancellation of Garth Brooks concert (disclosure: as a classical music fan, I have no idea what this guys sings about, genuinely, but MrsG says he is 'a really good country singer').

Estimates are:


For the laughs, of course, purely for the laughs - don't go out shorting Government bonds on this loss...

Update: in spirit with ESA 2010 framework, I do need to add illicit transactions and associated activities to the above, so here they are:

And the grand total is: EUR39.3 million. That excludes, obviously, reaffirming Summerhill and adjoining areas as the pivotal centres for certain 'buziness' activities - the reputational capital loss to the Dublin City Centre that is hard to estimate...
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