Tag Archives: new york times

Iceland vs. Ireland (2): Default pays Dividends – while Austerity Crucifies Economy (Krugman, New York Times))


Attention Joe Barry and the entire Irish Borg Collective; the entire Banker Bailout in a nutshell… courtesy of Paul Krugman who writes in the New York Times – The Penalty for Default, the Payoff to Austerity: Ahem: “The credit default … Continue reading

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Paul Krugman / New York Times: How is Austerity? Just ask the Irish


Via Irish Central; Nobel Laureate Paul Krugman writes in the New York Times – The Austerity Delusion: Portugal’s government has just fallen in a dispute over austerity proposals. Irish bond yields have topped 10 percent for the first time. And … Continue reading

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New York Times (editorial): “Ireland must renegotiate debt”


Via Irish Central – New York Times Editorial – Ireland, Under New Management: Ireland’s “Celtic Tiger” boom of the late 1990s was no mirage. Today’s problems began after Ireland started using the euro in 2002 and low interest rates and … Continue reading

Posted in Accountability, Bankers' Bailout, Budget, Civil Rights & Liberties, Debt Default/Restructuring, ECB/IMF, Economy, Elections, Emigration, EU, Euro / Sovereign Money, Geopolitics, History, Housing Bubble, Ideology, Independence/Nationalism, ireland, Irish America, Solutions | Tagged , , | Leave a comment

Leo Varadkar versus the World (8): New York Times – “Revisit, Renegotiate bailout”


Via Irish Central (New York Times calls for Ireland to renegotiate debt Hard-hitting editorial attacks German position) some economic illiterates wrote this New York Times editorial – Now Ireland: Fianna Fail pledged more than the government could afford to rescue … Continue reading

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Paul Krugman: Monetary Union experience – Ireland versus Nevada


From The New York Times – Can Europe Be Saved?: The tragedy of the Euromess is that the creation of the euro was supposed to be the finest moment in a grand and noble undertaking: the generations-long effort to bring … Continue reading

Posted in Accountability, Bank Run, Bankers' Bailout, Debt Default/Restructuring, ECB/IMF, Economy, EU, Euro / Sovereign Money, Geopolitics, History, Housing Bubble, Ideology, ireland, Solutions, Superstate | Tagged , , , , , , , , , , , , | Leave a comment

New York Times: The Euro Crisis Hasn’t Gone Away, You Know…


From the New York Times – The Crisis That Isn’t Going Away: “It is clear that the debt which will take a haircut is the current debt, not the future debt,” said Willem Buiter, chief economist at Citigroup, who on … Continue reading

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Paul Krugman: Cén Sort Cach Tarabh é seo?


Via Newswhip.ie, Paul Krugman writes at the New York Times blog – The Irish Non-Bailout: So, a credit line at 5.8 percent interest. Considering that Ireland was able to borrow at that rate as recently as mid-September, and was falling … Continue reading

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Paul Krugman: It doesn’t have to be this way


From Nobel Memorial Economics Prize winner, Paul Krugman in the New York Times – “Eating the Irish“: Most people know Swift as the author of “Gulliver’s Travels.” But recent events have me thinking of his 1729 essay “A Modest Proposal,” … Continue reading

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