Owen McGee

speaker

1,739 appearances 11 recordings 2 series first heard May 2026 last heard 5d ago

Owen McGee’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 11 in all, peaking in Sep 2026 with 3.

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Today with David McCullagh · Irish borrowings pushed to highest level ever. Loans for weddings, home upgrades and EVs · 7 Aug 2026 podcast

At the same time, we borrowed 3 billion.

So roughly for every one euro we borrowed, we saved about 350.

Now the only

Problem with those figures, about muddling those figures here.

You say, actually, what's the problem?

Sure, we added 10 billion to our bank accounts and we only said we only borrowed three.

The problem is that the people adding that 10 billion aren't necessarily the same people who are borrowing the three billion.

You could have one portion of society which we would all recognize going in one direction, and another portion of society going in completely the opposite direction.

Mm-hmm.

So, and and then you kind of wonder, well, like there's been some uncertainty.

And when you look at companies and what they're

Do and some companies are kind of just being a bit more cautious and maybe not borrowing.

But when it comes to our personal finances, oftentimes when things are uncertain, is the time we say, you know what I'm gonna do?

I have that bit of savings there.

I'm gonna leave it.

I'm not gonna touch that.

I'll borrow this money because at least then I have savings to fall back on if my fears come to life.

So there is that it one of the things when it comes to these figures, it's great to know what the overall trend is, but every

Every household is different.

And the that that's the thing that you really have to get down to.

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