Oireachtas Joint and Select Committees
Wednesday, 25 March 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Dr. Julien Mercille:
There were a few articles but, again, when one does a media study, it is about human affairs, so one looks for big trends. With any article, one can prove anything one likes. There were references, but the reporting that The Economistdid - presenting data every few months - was very different from the type of reporting that the Irish media did, with articles saying something along the lines of "By the way, The Economist, this publication in England, had a little report saying we are overvalued, but there are other interests that contradict that." That is very different reporting. So there was a bit of that, but mostly I would say that the main factor, if I had to pick one, would just be that they closed their eyes. That is more-----