I hope this is not a stupid economic question! What might happen if the following factors combine in sparking some kind of contraction or slowdown in the economy?
- Interest rates are starting to rise
- Oil prices continue to rise
- Businesses continue to relocate to the lower cost economies
- Irish overindulgence in debt for cars, homes and foreign property partly stoked by the crazy cost of starter homes here.
What effect will the €15bn of SSIAs have?
What might happen to the stock market, the tax revenues, the property market, bank repossessions etc etc.?
I am trying to get an overall view of what might happen.
Slim
- Interest rates are starting to rise
- Oil prices continue to rise
- Businesses continue to relocate to the lower cost economies
- Irish overindulgence in debt for cars, homes and foreign property partly stoked by the crazy cost of starter homes here.
What effect will the €15bn of SSIAs have?
What might happen to the stock market, the tax revenues, the property market, bank repossessions etc etc.?
I am trying to get an overall view of what might happen.
Slim