Why Ireland Must Rethink Its Economic Future; Fast
In this weekβs episode, we dive headfirst into the economic storm clouds gathering over Ireland, and the urgent need to act before we get soaked. We explore how U.S. tariffs, Trumpian MAGA economics, and a Europe shrinking on the global stage all combine to put Ireland in the danger zone. We break it down simply: Trumpβs $50 billion in new tariffs? Instead of hurting China, theyβre taxing Americans. If America turns fully inward, the knock-on effect for Ireland could be devastating. We're the most U.S.-adjacent economy in Europe, and with 150 billion euro sitting in Irish bank deposits and 80% of our corporate tax coming from foreign companies, we're dangerously reliant on the goodwill of multinationals who may not stick around. So we ask: whatβs Irelandβs Plan B? We look back to the IFSC and Ardnacrusha, bold, nation-shaping moves that changed our future.Β We ask why weβre not doing the same now. We speak to Patrick Walsh from Dogpatch Labs, who tells us that weβve got the ingredients for an innovation boom, talent, capital, multinational know-how, but not the policies to unlock it. Right now, France has taken the lead on AI. Meta's accelerator is in Paris, not Dublin. Why? Leadership. Focus. Vision. Meanwhile, Ireland dithers over housing and passes symbolic laws that could alienate our biggest economic ally.Β
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