The Standard & Poor’s credit rating agency, which has consistently given Ireland negative economic outlooks, provided a distinctly upbeat assessment of our prospects yesterday.
Its chief economist, David Beers, made the comments in Washington. He said concerns about fiscal and political risks to the country were exaggerated. And he forecast that the economy would recover faster than other peripheral European countries.
When I read that title I just had a vision of walking down a brightly lit street and turning into a dark alley to meet Roman Abramovich with a lead pipe backed up by a bunch of braying kids in pringle jumpers making chimp noises.
And … a ratings agency - we take them seriously don’t we?, they wouldn’t have anything to with this would they?. Next they’ll be telling us that Patrick Neary thinks the economy is in fine shape.
Eh, someone should tell the Indo that Unicredit isn’t a rating agency.
Mr. Beers comments are the usual wishy-washy encouraging stuff that we’ve had for the last ten years. Flexible, open, willing to take tough decisions… I don’t see much evidence of it from the inside…
I don’t suppose the floppy haired one will be too impressed by the way they have apparently linked his image to this story (to the casual observer at least) when his column today says Debt forgiveness is our only chance of recovery
After all this time, and after all the reams of cretinous bullshit that have been written in the last 10 years, in mid October 2010 we still have room for a contender for the most cretinous of them all. If your child put her hand on the hob and got burned, would you turn around to her and say, “Never mind what caused the pain, here’s a ridiculously expensive bandage…see you back in the kitchen tomorrow sweatheart!”.
This country deserves everything it gets, and is continuing to get. Sorry - cunts.
