Kevin Daly, a senior European economist with Goldman Sachs directed a dire warning against the Irish people voting for Sinn Fein in the upcoming general election. Their opinion was again inserted into the debate on a recent Irish news show. The former European Chairman of Goldman Sachs , one Peter Sutherland, has been an Attorney General, an EU Commissioner and a constant advisor to both the Fine Gael and Fianna Fail ruling parties for decades. The EU has said Ireland can miss it’s fiscal compact deficit target by 1.5bn with their blessing.
As it turns out all three mainstream parties have projected incorrect figures in relation to the ‘fiscal space’ ( the amount of money left to play with after ‘balancing’ the books). The only one who got it right was Sinn Fein’s Pearse Doherty. Obviously Sinn Fein’s book cooking skills don’t cut it for Goldman Sachs. Funny I’ve never much considered the Shinners but they must have something going for them if they are shunned by that shower.
Sinn Féin biggest threat to economic growth, warns top economist