Sunday May 31, 2020

The crisis is an EU matter, so an EU solution must be found

It is becoming increasingly obvious that Irish taxpayers cannot face this terrible debt monster on their own

27th November, 2010
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This time last week, Ireland was tottering on the brink of an economic bailout; this weekend, Portugal is in exactly the same situation.

Who knows how severe this contagion crisis will be by next weekend?

We are on a rickety boat caught in a flood tide, and have no idea where we are headed. In the last few days, even Belgium - after Spain - was being mentioned as another country that could be caught...

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