Erin Go Broke

[cavok]

Global awareness about Cowens naivety

http://www.nytimes.com/2009/04/20/op...gman.html?_r=2

And the lesson of Ireland is that you really, really don’t want to put yourself in a position where you have to punish your economy in order to save your banks

Straight from the mouth of a Nobel Economics prize winner.

[perprojustice]

Global awareness about Cowens naivety

http://www.nytimes.com/2009/04/20/op...gman.html?_r=2



Straight from the mouth of a Nobel Economics prize winner.

QUOTE And the lesson of Ireland is that you really, really don’t want to put yourself in a position where you have to punish your economy in order to save your banks

We have all been advocating that and we didn't need the capabilities of a Nobel Economics prize winner to come to that conclusion, nevertheless his statements are welcome

[Gimpanzee]

already a thread running on this article: http://www.politics.ie/economy/61830...-go-broke.html

[cavok]

QUOTE And the lesson of Ireland is that you really, really don’t want to put yourself in a position where you have to punish your economy in order to save your banks

We have all been advocating that and we didn't need the capabilities of a Nobel Economics prize winner to come to that conclusion, nevertheless his statements are welcome

you have been advocating what?
The destruction of the economy so as to save the banks?

Perhaps you can clarify your point.