Letters to the editor

We welcome exclusive letters addressed to: The Letters Editor, The Sunday Business Post, 80Harcourt Street, Dublin 2 or faxed to 01-6796496; e-mail: [email protected]

23rd January, 2010

Folly of short, sharp shocks

David McWilliams may think that he alone is facing reality bravely as, in line with the logic spelt out in his recent book, he continues to advocate the short, sharp, painful economic medicine of loans default and currency devaluation, instead of the longer painful economic medicine of loans repayment and costs deflation being imposed on us by the European Central Bank.

In fact, he continues to be as economical with...

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