And so it has come full circle. The chickens have come home to roost in Lilliput. Pay no attention to that man behind the curtain!
The man and the party who basically said anyone who disagreed with the Irish Politburo’s official economic line, was “economically illiterate” – by implication including economists and commentators worldwide – have now dismissed themselves to their own “outgroup”. This is what happens when you have the political and ideological tunnel vision of King Canute.
From Irish Central – Irish Government backtracks after Minister’s second bail-out gaffe:
Independent economists however agree with Veradkar’s comments with some experts even telling the Irish media on Monday that a return to the bond markets is unlikely before 2014.