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Article: THINGS took a bit of a turn in July. Unfortunately, they took a turn for the worse. The average reader or viewer might be a bit disappointed by this.
- Article from:
- Irish Independent (Dublin, Republic of Ireland)
- Article date:
- August 6, 2009
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Turn for the worse leaves Lenihan facing a dilemma
THINGS took a bit of a turn in July. Unfortunately, they took a turn for the worse. The average reader or viewer might be a bit disappointed by this.
There seems to have been a lot of better news around recently, with British banks making money, Irish banks raising fresh capital, share prices rising ,and so on.
But, as that list shows, little of it has much to do with the real economy of work and play.
Markets, especially foreign ones, think they see the bottom of this crash, and prices will respond to that.
No one is yet talking about serious growth.
As yesterday's ...