It is Obvious

Chris Rick has got altogether too much to say

Local hero (3)

Posted by chrisrick13 on November 19, 2010

It is obvious: there are a lot of them out there.

I came across this today:

http://www.irishtimes.com/newspaper/opinion/2010/1108/1224282865400.html

It is compelling reading from Morgan Kelly, a professor of economics who, according to commentators on the article, has been hitting the nail on the head over recent years.  At the end of reading, everywhere around me seemed very quiet and still.

No two countries are the same, but I cannot see how this will not apply to other countries as well.

This means we are about to lose our 5th biggest trading partner.  Someone has to stop Osbourne throwing billions at Ireland.

I could perhaps write more on my considered view but it seems pointless after reading the article.

It is obvious: there are a lot of them out there.  You just need to look.

One Response to “Local hero (3)”

  1. Bill said

    Yep, they do seem to have it worse than us and the question is – are the people prepared to accept that things are bad? In the UK people are prepared for tough choices but only if they involve someone else, not themselves. Ireland looks in a much worse state and the idea of the UK borrowing money, so we can lend it to Ireland, so they can buy things (perhaps) from us seems ludicious.

    Do we live in the real world? Not yet I fear!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

 
%d bloggers like this: