Finfacts article as pessimistic as they com

[yoganmahew]

finfacts.com/irelandbusiness … 1902.shtml

I would like to quote bits of it, but I don’t know where to start!

[2Pack]

He singled Comical and Desperate out as a right pair

McLaughlin and IIB Bank’s Austin Hughes who both called a peak in the ECB’s key interest rate at 3.5% in 2006, are now forecasting a cut in the central bank’s key rate of 4% to 3.5% by mid-2008.

One gets the impression that he is not a believer.

Maybe he reads the PIN for some serious background analysis seeing as IIB and BoI are long considered soiled goods over here.

[kerrynorth]

@2Pack

He singled Comical and Desperate out as a right pair

McLaughlin and IIB Bank’s Austin Hughes who both called a peak in the ECB’s key interest rate at 3.5%

in 2006, are now forecasting a cut in the central bank’s key rate of 4% to 3.5% by mid-2008.

One gets the impression that he is not a believer.

Maybe he reads the PIN for some serious background analysis seeing as IIB and BoI are long considered soiled goods over here.

The Editor of Finfacts, Michael Hennigan, is a regular contributor to economic threads on www.politics.ie

[Poacher]

The International Monetary Fund meeting in Washington last month and other gatherings since of central bank governors were terribly depressing, he said, “because people didn’t understand the extent of the problem”.

Does Sutherland mean that the meetings have had a depressing air about them because the many attendees are aware that they, collectively, dont yet know the extent of the problem, or is he saying that he personally became depressed when confronted with the ignorance of his fellow delegates?