Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
If Belgium and Italy were able to handle  this level debt, since twenty years now, Ireland should be too. And how exactly the german debt brake in 2009 was bale to cause the Irish property bust and bank bankruptcy in 2008 I really don't get.

And Germany did get somewhat better through the crisis, because it did talk austerity, but did do stimulus.

by IM on Sun Feb 6th, 2011 at 02:49:53 PM EST
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