Brian M. Lucey

Tag: default

  • On Burning Bondholders and Constitutional Politics

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    brianmlucey
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    So : we know now that Ireland was indeed threatened. But a bigger issue seems to lurk , but this may be just my ignorance

  • A Song from Yanis – Our Debts will Be Gone

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    brianmlucey
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    In the great tradition of previous efforts, a new musical number ; Lyrics by myself and hopefully a video soon starring Frances Coppolla. To be sung a la Celine Dion

  • The Running Sore that is Anglo Part 2,339

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    brianmlucey
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    So Minister Creighton is happy, she has gotten positive indications from Berlin that they will look favourably on our negotiations on the Anglo Promissory note. Of course thats nice and all but then the people that have to make the final call are the ECB. And of course the ECB is above politics, and we…

  • After Merkel…Ireland’s unpalatable choices

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    brianmlucey
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    So, it seems now that Dr Merkel backs the idea that no, there should be no retrospective debt deal. Where does that leave us? We have invested 20+ billion into the pillar banks (or another word starting with P and ending in X as a noted economist of many years standing is wont to call…

  • The real problem country in Europe….

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    brianmlucey
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    This is an extended version of an opinion piece published in the Irish Examiner Saturday 25 May 2012 So another European summit concludes inconclusively, with the poor ole can again booted down the road, hopefully avoiding the fork that said road will take when, as seems probable, Greece departs the euro. To be fair, while…

  • Default, Regulatory Capture and Banks

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    brianmlucey
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    Last night in the (darkened, of course for the books and not very conducive to photography on the hoof) confines of the TCD Library Long Room Senator Sean Barrett launched “What if Ireland Defaults”, the book of essays previously noted on the irish debt and economic position. Having entered into TCD ESS (now BESS) in October 1981 I had an…

  • What if Ireland Defaults?

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    brianmlucey
    in

    Well, if you want to know the answer to that question you will have to buy my new book, which contains a bunch of essays. Contributors include: Nobel Laureate Joseph Stiglitz Constantin Gurdgiev, Megan Greene, Seamus Coffey and  Stephen Kinsella Peter Mathews TD Senator Sean Barrett businessman and political activist Declan Ganley politics lecturer and…