Day 1623 of The Recession

On a follow up to my last post, we are still in recession, although they would have you believe we are experiencing green shoots, let's see now, Greece is still owing 300m, Spain has 25% unemployment in its youth, although the King has sold his yacht, this helps some what. Our banking debt has been converted to Government debt ( our's) all 120m of it. However due to lack of supply house prices in Dublin have risen along side the rental market. The UK is moving decidedly toward the right with UKIP now challenging the Torys in their heartland. All in all a mixed bag, good points.......eeeem......it's not snowing, job market has stabilised, I am using my patented Porsche algorithm, this allows for the number of Porsche sightings to directly correlate with improvements in the economy. On the Porsche algorithm index of 1 to 5 with 5 being "Ireland has found to have the largest oil field in the world discovered in Ringsend" we are currently 1.5 a hug leap from being .5 a year ago.