Saturday 19 August 2017

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

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.

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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