Heroic Ireland can do no more, it is up to Europe now (user search)
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  Heroic Ireland can do no more, it is up to Europe now (search mode)
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Author Topic: Heroic Ireland can do no more, it is up to Europe now  (Read 554 times)
Beet
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« on: December 06, 2011, 03:13:49 AM »
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Beet
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Posts: 29,067
« Reply #1 on: December 06, 2011, 03:35:11 AM »
In any case, the peripheral countries are nearing their breaking point. Now is not the time to be demanding massive new austerity measures- more reasonable are labor market reforms in places like Spain. But overall, even if one sees inflation as an evil, some of it may be necessary.
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Beet
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« Reply #2 on: December 06, 2011, 11:21:42 AM »
Quote from: Jacobtm on December 06, 2011, 09:06:27 AM
Quote from: Wonkish1 on December 06, 2011, 03:30:11 AM
Ireland should have said F*** You when the Eurozone demanded that they bail out their banking system.

Should've been the whole world's response when banks went under, instead redirecting all bailout funds towards workers.

Making private losses public is why so many sovereigns are in danger of default right now.

Hi Jacobtm, nice to see a fresh face commenting around here. Smiley
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