A US economic slowdown is bad news for Ireland, and could leave our own stimulus package looking threadbare. Without a big stimulus bang to get America back to work, Ireland's economy will be slower coming out of the crisis. It was US investment that pulled Ireland into a belated recovery after the last crash, remember. In fact, in many ways our July Stimulus Package looks like a holding scheme, to keep Ireland ticking over until a global economy - inevitably US-led - kicks into gear. That makes sense if ministers think a global lift will boost Ireland's recovery.

Source: Irish Independent July 31, 2020 01:39 UTC