"Given where London prices sit relative to the rest of the country we would expect the biggest growth to be outside of the capital, with the strongest medium term prospects in the remainder of the south of the country given the expected pattern of economic growth," he said.
So it is no accident that today, as the wilder possibilities of AI begin to seem like a medium-term prospect rather than some comfortingly remote futurology, the number of fictional works exploring malevolent AIs is at an all-time high.
When recovery comes, the MPC will have to consider how best to reverse QE and resolve the fears of some of its members about the medium-term prospect for inflation.
The Irish economy is more flexible so its medium-term prospects seem brighter.
That makes it all the more worrying that analysts have become gloomier about medium-term prospects.
Medium-term prospects remained weak, with high public and private debt and slow progress in structural reforms weighing on growth.
"The Bank also continues to indicate another rate cut on the cards, if medium-term prospects remain unchanged".
"The second risk is that, notwithstanding strong medium-term prospects for growth, confidence could weaken in such a way as to further dampen domestic demand".
Many economists believe the Office for Budget Responsibility, the independent fiscal watchdog, will take a dimmer view of the economy's medium-term prospects.
Over all, then, even as both Ireland and Nevada have been especially hard-luck cases within their respective currency zones, Nevada's medium-term prospects look much better.
But he warned that the medium-term prospects for Syria still looked bleak because of differences between Russia and the US over the future of Syria's president, Bashar al-Assad.
