Tag Archives: modern monetary theory

Sunday Business Post: The Insider – recovery without austerity.

We were delighted to be this weeks ‘Insider’ at the Sunday Business Post, we looked at the mortgage market statistics and the idea of recovery without austerity.
The truth is a hard thing to suppress. Last week, we had another stark revelation about the mortgage market after RTE reported that there are now e20 billion in home loans with some level of arrears. That represents about one in six loan accounts.