David McWilliams

The Champagne is flowing…again

David McWilliams — Mon, 06 Feb 2012 10:30:38 +0000

What a difference a month makes. We entered this year with a debt crisis in Europe and a growth crisis in the US. Investors were terrified, governments were falling and there was a total lack of political leadership both in Europe and the US. Corporations were in retrenchment mode and even the bulls were retreating,...

From the archives…

David McWilliams — Thu, 02 Feb 2012 09:14:38 +0000

In the week Facebook announces a floatation archives from 2006 on the Arctic Monkeys and the impact of the internet on the music industry and from ten years ago, warning against paid-off economists pretending to be objective analysts for the housing market.

EU has hit self-destruct button as world moves on

David McWilliams — Wed, 01 Feb 2012 19:11:07 +0000

You can do worse than sit on a Tuesday afternoon in a little cafe about 20 yards from the Coliseum and watch five Chinese tourists getting their photos taken with three chain-smoking Italians dressed up as Roman gladiators. There is something poignant about looking at the Italians in the epicentre of the greatest empire Europe...

Punk Economics

David McWilliams — Mon, 30 Jan 2012 18:18:01 +0000

Welcome to Punk Economics and new way looking at the economy based on the central idea that what is important is not complicated and what is complicated is never important. I hope you like it. More to come.

Who’s the mad borrower now?

David McWilliams — Mon, 30 Jan 2012 10:30:59 +0000

Water into wine? I think not. Rather than talk about who went ‘mad borrowing’ last week, let’s focus on why it happened, because I want to explain what is happening right now in the financial markets. I would also like to make the point that central banks are becoming – yet again – instruments of...

Audio: Private debt so enormous that default is only option

David McWilliams — Thu, 26 Jan 2012 15:59:51 +0000

PRIVATE DEBT SO ENORMOUS THAT DEFAULT IS ONLY OPTION Take a look at the original article here.

Can Dublin reinvent itself?

David McWilliams — Thu, 26 Jan 2012 10:13:37 +0000

A selection of videos from the CNN Business blog. Dublin Begins to Rebuild Itself Dublin’s Trending for Twitter Dublin’s Gateway to a Green Future Dublin’s Literary Scene Boost City

Audio: A Pact with the Devil

David McWilliams — Thu, 26 Jan 2012 09:56:06 +0000

Morning, For ages I’ve been intending to podcast the weekly articles I’ve finally got around to it now. Expect two a week from now on. Hope you like them. We start this week with A Pact with the Devil. Take a look at the original article here.

Private debt so enormous that default is only option

David McWilliams — Wed, 25 Jan 2012 18:30:36 +0000

When all the people you read every week for information are talking about the same report, you know that you should read it. From Paul Krugman on the left to John Mauldin on the right, some of my favourite reads of the week are citing a McKinsey Consulting report on global debt. Reading through it,...

Doing a deal with the Devil

David McWilliams — Mon, 23 Jan 2012 10:20:29 +0000

Last weekend, I went to see Roddy Doyle’s clever adaptation of Gogol’s The Government Inspector at the Abbey. Go to see it if you can – it is wonderful. Of the many highlights, one of the most memorable is Don Wycherley’s performance as the Mayor. As I left the theatre, I was marvelling at Wycherley’s...