Daft Property - Irish Property News

7 Reasons Why Ireland Will Be Left Behind... IRELAND POST-RECESSION: As the first signs of economic recovery are seen in the US, Ireland faces a glut of problems that could see the country left behind while the rest of the developed world returns to fiscal prosperity. LAST JUNE when Ben Bernanke thought he spied some green shoots of recovery in the US economy, another American economist, Nouriel Roubini, referred to them as yellow weeds, while Warren Buffet claimed not to have seen anything, even though he had just had cataracts removed from his eyes. In recent weeks there is more reason for optimism in the US and most commentators would be of the view that the US economy may show some modest growth in 2010, though the unemployment rate might be slow to come down. Because America is a relatively closed economy the robust fiscal stimulus and quantitative easing were bound to pay dividends. American recessions usually don't last much longer than a year. Some recovery in the same time