Cerbaho-WG Posted February 3, 2006 Share Posted February 3, 2006 http://www.finfacts.com/irelandbusinessnew..._10004679.shtml Concrete statistics will be released on 2/28, so there's hope that the 1.1% growth rate prediction is severely flawed. A lot of bad factors working here, most notably being that the saving rate (which is equal to investment) is at its lowest rate since the 1930s. Add in the fact that consumption and government spending is down, and imports are going through the roof, this really isn't all that surprising. For s***s and giggles, here's a crazy guy who doesn't back up anything he says: http://www.freemarketnews.com/Analysis/65/...wid=65&nid=3624 Link to comment Share on other sites More sharing options...
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