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In any case the primary losers now are the poor, old, sick and unemployed, few, if any of whom bear any responsibility for the crisis. Index of Frank's Diaries
- Jake Friends come and go. Enemies accumulate.
Incidentally, why shouldn't Ireland pursue countercyclical fiscal policy? Because the current German line is that they shouldn't.
Labour wouldn't quite know how to find one way, never mind three... Index of Frank's Diaries
Here's my simplified story about the Irish economy:
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