tag:blogger.com,1999:blog-8817171247555815363.post5928026011093284369..comments2024-03-26T05:57:44.937+00:00Comments on True Economics: Mushroom Cloud ReduxTrueEconomicshttp://www.blogger.com/profile/07350536454228478974noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8817171247555815363.post-66677081618957628002009-01-30T07:03:00.000+00:002009-01-30T07:03:00.000+00:00I really enjoy your blog and as much as I agree wi...I really enjoy your blog and as much as I agree with a lot of what you write, I think that looking a the performance of a sickly subsector of the stock market is not the best barometer of this Government's ineptitude. If you were to repeat your analysis for US, UK or European financials the results would not be dissimilar.<BR/><BR/>I also disagree that the government has dumped risk upon the Irish stock market, indeed I think that the reverse is true. The goverment has transferred stock market risk to the taxpayer (with no upside) via the hastily announced bank guarantee and the soon to be completed recapitalisation.John Mhttps://www.blogger.com/profile/02084400154929551083noreply@blogger.com