In Reply to: The Corrs Unplugged posted by 4everyoung on June 8, 2016 at 12:55:41:
"Socialism for the rich;
the Free Market for the poor."
That deal burdened every man woman child and large dog in the Irish Republic with a personal $50,000 debt, to bail out immoral risk-takers.
Ireland should have done what Iceland did--let the risk takers eat their just desserts.
Skeptics said Iceland would be shut out of world capital markets for 20 or 30 years.
It was more like four years.
Jim Corr was right, but, not enough people listened.
John Marks
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Follow Ups
- Jim Corr, God Bless him, was a major voice against the Irish bank bailout - John Marks 08:24:39 06/09/16 (0)