tag:blogger.com,1999:blog-8817171247555815363.post5661212215150679463..comments2024-03-26T05:57:44.937+00:00Comments on True Economics: 26/9/2013: Even with Hopium injections, we are not that far from Greece...TrueEconomicshttp://www.blogger.com/profile/07350536454228478974noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8817171247555815363.post-62799690790606389572013-09-26T17:55:05.686+01:002013-09-26T17:55:05.686+01:00A fair comment. I see Ireland as a polarised econo...A fair comment. I see Ireland as a polarised economy. One part paralysed by debt & ineptitude of leadership, another moving ahead. I expressed exactly this view in Sunday Times column some time ago and it is also available on this blog: http://trueeconomics.blogspot.ie/2013/08/782013-sunday-times-july-28-2013.html<br /><br />Per property prices - today's news on these are covered here: <br />http://trueeconomics.blogspot.ie/2013/09/2692013-irish-residential-property.html<br /><br />So in short - I am only gloomy when data is gloomy and positive when data is positive. <br /><br />As per your suggestion - I do not trade on investment advice. That is not my job. My job is to cover data and see what it might tell us - be it good or bad.TrueEconomicshttps://www.blogger.com/profile/07350536454228478974noreply@blogger.comtag:blogger.com,1999:blog-8817171247555815363.post-10519348671389568482013-09-26T12:27:45.686+01:002013-09-26T12:27:45.686+01:00Ireland is like Greece in the sense you mention, b...Ireland is like Greece in the sense you mention, but, have you noticed, those who have been buying Irish stocks, banks and housing whilst you have remained resolutely bearish have done very nicely.. why so little comment on this? <br /><br />I expect you can nitpick the statistics but just look around South Dublin, housing is up far more (as it was down far more) than reported in the broad stats we see. One can be prescient bear but at some point, it wears thin if conditions change yet you dont. Be careful. Anonymousnoreply@blogger.com