Thursday 8 December 2016

Aengus Fanning: We're just a German economic outpost

An overseas obsession with near-zero inflation and a strong euro is devastating this country and its economy, writes Aengus Fanning

Published 08/08/2010 | 05:00

The story we are being told is that we are technically out of recession but we won't feel that things are getting any better for a long time. If you believe that, you'll believe anything. The consumer economy is still sinking, yet nobody seems to care.

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Streets in towns and cities are becoming more derelict by the day as beaten retailers shut their doors for the last time, leaving behind a shabby wasteland that is increasingly peopled by beggars and junkies.

Still, nobody seems to care.

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