Publishing Guide

Upcoming Events

National | Anti-Capitalism

no events match your query!

New Events

22 Mar [Dublin] National Demonstration for Palestine: End...

more >>

Other Press

Anti-Capitalism

France Rises Up Against the New Fascism - Vaccine Passports 23:57 Jul 21 3 comments

George Floyd: one death too many in the “land of the free” 23:58 Jun 23 0 comments

The leveraged buyout, exploitation and punishment beating of Greece as warning to others. 11:45 May 11 0 comments

Red Banner issue 60 out now 13:18 Jun 22 0 comments

Red Banner issue 59 out now 17:46 Mar 28 0 comments

more >>

User Preferences

Feeds

Blog Feeds

Public Inquiry

Interested in maladministration. Estd. 2005

RTEs Sarah McInerney ? Fianna Fail?supporter? Anthony

Joe Duffy is dishonest and untrustworthy Anthony

Robert Watt complaint: Time for decision by SIPO Anthony

RTE in breach of its own editorial principles Anthony

Waiting for SIPO Anthony

Public Inquiry >>

Human Rights in Ireland

Promoting Human Rights in Ireland

Human Rights in Ireland >>

Lockdown Skeptics

News Round-Up Tue Apr 22, 2025 01:05 | Richard Eldred
A summary of the most interesting stories in the past 24 hours that challenge the prevailing orthodoxy about the ?climate emergency?, public health ?crises? and the supposed moral defects of Western civilisation.
The post News Round-Up appeared first on The Daily Sceptic.

Schools Tell 14 Year-Old Boys How to ?Safely Choke Their Girlfriends During Sex? Mon Apr 21, 2025 19:00 | Will Jones
A council-funded sex education presentation shown in schools to teenagers as young as 14 has told them how to 'safely' choking their girlfriends during sex, saying it must always be done "with consent".
The post Schools Tell 14 Year-Old Boys How to “Safely Choke Their Girlfriends During Sex” appeared first on The Daily Sceptic.

Covid Vaccine Pregnancy Study Should Have Us Worried Mon Apr 21, 2025 17:00 | Dr Raphael Lataster
A major study has been published in Paediatrics, apparently showing that the COVID-19 vaccines are safe in pregnancy. But Dr Raphael Lataster thinks the study is flawed, and now the journal has published his response.
The post Covid Vaccine Pregnancy Study Should Have Us Worried appeared first on The Daily Sceptic.

No 10: We Won?t Stop Pro-Trans Plotting Ministers Mon Apr 21, 2025 15:00 | Will Jones
Keir Starmer has refused to stop a plot by Ministers including Sir Chris Bryant and Dame Angela Eagle to thwart last week?s?Supreme Court ruling?that trans women are not legally women.
The post No 10: We Won’t Stop Pro-Trans Plotting Ministers appeared first on The Daily Sceptic.

Meet the Ecosexuals: People Who Have Sex With Trees, Mud and Lumps of Coal to Somehow Save the Plane... Mon Apr 21, 2025 13:00 | Steven Tucker
Meet the ecosexuals: people who have sex with trees, mud and lumps of coal to save the planet. Lauded by the likes of the Guardian and Teen Vogue, the crazy green fringes are hitting the mainstream, says Steven Tucker.
The post Meet the Ecosexuals: People Who Have Sex With Trees, Mud and Lumps of Coal to Somehow Save the Planet appeared first on The Daily Sceptic.

Lockdown Skeptics >>

Voltaire Network

Voltaire, international edition

Will intergovernmental institutions withstand the end of the "American Empire"?,... Sat Apr 05, 2025 07:15 | en

Voltaire, International Newsletter N?127 Sat Apr 05, 2025 06:38 | en

Disintegration of Western democracy begins in France Sat Apr 05, 2025 06:00 | en

Voltaire, International Newsletter N?126 Fri Mar 28, 2025 11:39 | en

The International Conference on Combating Anti-Semitism by Amichai Chikli and Na... Fri Mar 28, 2025 11:31 | en

Voltaire Network >>

IMF Report highlights rough times ahead

national | anti-capitalism | opinion/analysis

Thursday June 25, 2009 12:14

by Socialism or Barbarism!

Report this post to the editors

http://www.revolutionaryireland.com

An in-depth socialist review of the IMF report on the economy of the Republic of Ireland.

When it comes to mainstream economists working for big institutions, they always seem to simply confirm what everyone already knows and usually months after it is blindingly obvious. The same economists who were unable to predict the downturn now can tell us what we need to do to get out of it. Even after it was clear we were in the middle of one and for months economists, often with a interest in 'bull' markets kept telling us nothing was wrong.

The latest report by the enforcer of neo-liberalism, the International Monetary Fund (IMF), confirms that Ireland is the most exposed 'developed' economy. The latter categorisation is likely to be challenged as the extent of the collapse ripples out across our society but the fact that Ireland is maximally exposed is all too obvious to those who have had to endure temporary or longer-term unemployment or wage cuts.

The importance of this IMF report is not the headlines but the detail. It is a window into the future and it confirms all the predictions Socialism or Barbarism and other socialist commentators have been making. Readers should take the time to follow the link above to read the tone of the document which is very much in the style of a teacher correcting the work of the student i.e. the purportedly 'sovereign' Dublin government. One implication of that is that measures for adoption in the coming years are disclosed in this report which have not been released into the public domain domestically.

There are few holds barred in its detailed analysis of the unprecedented crisis. The report suggests the collapse in fiscal receipts could result in a deficit of up to 12% in 2009. The report now quantifies the bank liabilities at €35 billion which is an increase of €10 billion on the figures quoted only a few weeks ago.

Rest at:

Add Your Comments >>

printable version

with comments

atom feed of comments

rss feed of comments

RSS and atom feeds allow you to keep track of new comments on particular stories. You can input the URL's from these links into a rss reader and you will be informed whenever somebody posts a new comment.

Digg this

Furl

Reddit

Gab

Twitter

© 2001-2025 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy