The Virtual Pub
Come Inside... => The Commons => Topic started by: Barman on May 07, 2011, 09:14:40 AM
-
OPINION: Ireland is heading for bankruptcy, which would be catastrophic for a country that trades on its reputation as a safe place to do business, writes MORGAN KELLY
WITH THE Irish Government on track to owe a quarter of a trillion euro by 2014, a prolonged and chaotic national bankruptcy is becoming inevitable. By the time the dust settles, Ireland’s last remaining asset, its reputation as a safe place from which to conduct business, will have been destroyed.
Ireland is facing economic ruin.
Most excellent article - read the whole thing here. (http://www.irishtimes.com/newspaper/opinion/2011/0507/1224296372123.html)
-
Didn't they have a potato famine and recover from that? whistle:
-
Yes, by leaving and going back later.