“It has stabilized the colossal debts left from taking on the gambling losses of Anglo Irish Bank at EU behest, that is to say from shielding German, British, Dutch and Belgian lenders from systemic contagion at a critical moment. Deo volente, it will be the first of the EMU victim states to escape control of the EU-IMF Troika, though it will answer to inspectors for another 20 years and the yet unborn will be paying off the €67bn of Troika indenture until 2042. A mass exodus of 40,000 to 50,000 each year to the four corners of the Irish Diaspora have kept unemployment down to 14.1pc, ‘What we need here in Ireland is a good dose of inflation,’ confided one official.”
Related posts:
Huge landslide shuts down largest mine in the world in Utah
Congress Is Nervous About This Whole Bitcoin Thing
Obama cheers ‘victory’ in Korean War on 60th anniversary
Former President Bush praises President Obama on counterterrorism and immigration reform
Ron Paul: A Small, Secret Group Can't Know What's Best for the Economy
Tens of thousands of government workers hired to roll out Obamacare
The new American Idol: Should the US rule the world?
Chip designers see dollar signs in Bitcoin miners
Coming soon: Bitcoin Alliance India
SEC, billionaire Mark Cuban set for insider trading trial
Ben Bernanke Joins Hedge Fund Citadel as an Adviser
North Korean shoots officers, defects to South Korea
Glenn Greenwald: Iraqi-American is imprisoned by US for saving his family from US sanctions
Second Scottish independence vote 'highly likely' after Brexit
New York Times says outage ‘most likely result of malicious external attack’