The Celtic Chimera

huffingtonpost.com/william-k … 84762.html

Interesting. So instead of blaming Lehmans and its far-reaching testicles Bertie, Cowen et al should be thanking the gods that it failed - if it hadn’t, the Irish banks would have merrily continued down their property speculation path, which would have potentially placed this country beyond even the help of the IMF.

There was an article in the Korean Times about this today, along with two other articles discussing the impending bailout. It is not just the English speaking world and Europe that knows about our troubles…