Everything you wanted to know about NAMA but were afraid to ask

It’s not a good idea to take a forecast from someone wearing a tie. – Nassim Nicholas Taleb

NAMA. It seems like nothing else has been happening in Ireland for the last few weeks.

However, this is one of the biggest economic stories to happen in Ireland since the founding of the state. It will effect your children and your grandchildren and is worth considering seriously.

To that end I am providing a link to a post on the Property Pin forum. The posters on the Property Pin predicted that this recession was going to happen years before the mainstream media and for that reason, the views expressed in the forum are at least worth reading. There is little or no politicking in the sense of participants trying to push political agendas – there is instead (GASP!) a determined effort to discuss and debate to find the truth.

The post in question summarises all the reasons that NAMA is a bad idea and a bad deal.

Link: http://www.thepropertypin.com/viewtopic.php?f=50&t=25100

Leave a Reply