“It’s important that we ensure there is reasonable access to cash across society.”
Our political class now appears to be in such a desperate state of panic that the apparent priority here was not to think matters through, but to rush the story into print.
One thing is for sure: This is not a simple issue, and anyone who tells you they have an easy fix is pulling the wool over your eyes.
A Government that has doubled health spending, and managed to make the system worse, should not be praised for announcing further budget increases.
A banking crisis Unfolding?
A government that is block buying homes out from under its own working citizens in order to give those homes to non-working citizens is sending a message.
The Minister for Housing is, like the whalers of yore, a sudden convert to the cause of conservation:
Overall, it is difficult to look at the medium term economic situation with anything but pessimism
A State Housing agency is a licence for suppliers to print money, and bureaucrats to waste it.
The only question is how long, and how hard, it will have to be.
A banking crisis Unfolding?
A banking crisis Unfolding?