Wednesday, November 24, 2010

today : I apportion blame

Again we have a complex economic story. Who truly understands it? Not the newspapers and their £300 per person they reckon we are going to give to the Irish. Not even the economics reporters. Maybe they do understand it but can't really explain all the nuances in a 2 minute report. Certainly not any of the people who are vox-popped on the street and asked about a situation that could keep economics professors awake at night.

Perhaps not even the Irish government.

But one thing is for sure. Follow the trail back to its source and you get to the banks again.

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