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How & why recessions happen

The David McWilliams Podcast

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What's Going on in Ireland Right Now?

A mutual friend of ours, john, who will remain nameless. He said there's no value at all now in any sort of mid level construction in ireland. Huge jobs like the children hospital and intal fabs are going ahead irrespective of inflation. But he reckons about half the industry is predicated on somebody sangon what do i need to build to day? Do i actually need to throw good money off after bad? They're actually stopping. And this is a fascinatig thing about economics. This this podcast e why do recessions happen? Right? Ye.

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