"A cool, snake-free version of coastal Florida."
"As far as responding to the recession goes, Ireland appears to be really, truly without options, other than to hope for an export-led recovery if and when the rest of the world bounces back...
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."
Paul Krugman lays into the nation... and Mary Coughlan's having none of it. Well, some of it.
It looks like Ireland (and our brothers one letter away over in Iceland) is going to take the place of the cautionary economic tale for the foreseeable future. In essence we'll be the international equivalent of the kid who lost an arm sticking it out the window of a moving car or the boy whose face remained that way once the wind blew.
"Be careful," the other leaders will whisper to their citizens, "you don't wanna end up like little Johnny Ireland, missing all his teeth, with a broken nose and covered in unnecessary devalued property, do you?"
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