WSJ: The Sickly Tiger

I love the bit about the Irish oligrachs, great way of describing them.

Good article that points out some of the failings and some of the fixes unfortunately it will never be given any thought in the halls of power as they’re too pig ignorant to admit failure.

Paddygarchs?

O’Ligarchs?

very elegant WGU

The article points out earlier the growing spread between German and Irish debt. This raises the question about what sort of pressure this will put on the euro over the next few years. From the German perspective this is going to start looking like another reunification project.