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The Paradox of Prudence

The David McWilliams Podcast

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The Importance of Money in Ireland

Irish people have just under 200 billion euros on deposit. That is 100 billion more than was the case in 2010. In 12 years, Irish people have saved an extra 100 billion. This means when we used to talk with a current account deficit, right? We have a current account surplus 15% of GDP now.

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