Brendan O'Connor: Deal just doesn't add up fully for us ordinary folk - A few simple questions about this grand new debt arrangement

It seems to be connected with the ending of the Emergency Liquidity from the ECB and the passing of the promissory notes into the ownership of Nama. But to be honest, it's vague. And even with these complex finance things, if something is vague, you will usually find there is something that doesn't 100 per cent add up. As confusing as it can be to understand this stuff, it should make sense. You have to wonder if the banishing of IBRC was partially just a bit of showbiz. Because this whole thing has had an uncomfortable sense of showbiz, with many ordinary people having their questions brushed aside with grandiose statements and assertions from politicians. If you need to ask, you don't get it, is roughly the vibe. Stop spoiling the fun.

Mein Blog befasst sich in einem umfassenden Sinn mit dem Verhältnis von Wissen, Wissenschaft und Gesellschaft. Ein besonderes Augenmerk richte ich dabei auf die Aktivitäten des Medien- und Dienstleistungskonzern Bertelsmann und der Bertelsmann Stiftung.