Opinion

Landowners & Cement Producers Gain, Homebuyers & Taxpayers Suffer. By Richard Douthwaite

Kirk Shanks, Senior Researcher at the Sustainability Research Development Group, the Focas Institute, DIT describes the development of this new sustainable generation.

With banks in America and the UK encountering major difficulties as previously booming economies head towards recession, a similar and perhaps even worse fate may be awaiting Irish banks. Worryingly, the situation is shaping up to be so bad, that the very future of the banks may be under threat, as Richard Douthwaite explains.