Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
Private persons in Ireland are already suffering because of the conditionalities of a bailout designed to give the foreign bondholders time to offload their bonds on the ECB without improving the solvency of Ireland.

Bankruptcy would be a better deal.

Keynesianism is intellectually hard, as evidenced by the inability of many trained economists to get it - Paul Krugman

by Carrie (migeru at eurotrib dot com) on Fri Feb 4th, 2011 at 09:55:49 AM EST
[ Parent ]

Others have rated this comment as follows:

Display:

Occasional Series