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About Pádraig Floyd

I write about money, how we can grow it and ultimately hold on to it throughout the ever extending journey of life.

One Investment That Can Reduce Our Long-Term Debt

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Suppose we could enhance our long-run growth prospects, reduce our long-term unemployment problem, and reduce our expected future debt at the same time. Would that be a policy worth pursuing?

Pádraig Floyd‘s insight:

The infrastructure time bomb in the US…

See on www.thefiscaltimes.com

PBGC reports lead to calls for multiemployer pension reform – Pensions & Investments

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Pensions & Investments
PBGC reports lead to calls for multiemployer pension reform
Pensions & Investments
Joshua Gotbaum. Three reports by the Pension Benefit Guaranty Corp.

See on www.pionline.com

US Steel, Harley-Davidson each contribute to pension plans – Pensions & Investments

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US Steel, Harley-Davidson each contribute to pension plans
Pensions & Investments
According to Pensions & Investments data, U.S. Steel had an estimated $7.2 billion of U.S. defined benefit assets as of Sept.

See on www.pionline.com

$13.6tn invested sustainably worldwide, says study – Blue and Green Tomorrow

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The global sustainable investment industry is worth $13.6 trillion (£8.6 trillion) and represents 21.8% of assets under management, according to a report (RT @AlexBlackburne: Report is by the Global Susatinable Investment Alliance – a project by @UKSIF,…

See on blueandgreentomorrow.com

Spanish retail sales slump 10.7% as austerity hurts consumers

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Retail figures in Spain have fallen for 30 successive months, the decline accelerating since latest austerity measures applied

Pádraig Floyd‘s insight:

Most retail areas were like ghost towns when we were in Spain last year and it has only been getting worse.   

See on www.guardian.co.uk

Bailed-out banks ‘need £10billion more’

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THEY will each be forced to seek £5billion to top up safety reserves and meet regulatory rules, a top city guru has said

Pádraig Floyd‘s insight:

UK banks. The gift that just keeps on taking. And taking. 

See on www.thesun.co.uk