simon johnson
the scene at climax
the reward to assumption of bank debt by gubmint and accepting IMF dictats :
"The interest rates that Ireland have fallen, to 8.7 percent today from 14 percent in August.
.still above the level that led Ireland to seek a bailout and too high to allow for sustainable finances. "
the debt load meanwhile is fisher effecting its way up
so long as the nominal growth rate / nominal debt servive rate < 1
the sled is still going down hill
greece has a populace
that seems to know in it's guts
savage hair cuts are in order here
make the privateering bankers eat some of their own shit
on the other hand...
the benighted irish think they're ...germany's decidely now poorer but forever honest
"good neighbors " !!!!
essau and his brother and sister
mr E ?? the slippery sap in middle : current Taoiseach Enda Kenny.
if anything over nominal gdp growth rate is too too much
what does this relative positioning matter ???
