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Op-Ed Columnist - PAUL KRUGMAN - Erin Go Broke - NYTimes.com - The Diigo Meta page

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This link has been bookmarked by 3 people . It was first bookmarked on 20 Apr 2009, by T. Rex Bean.

  • 21 Apr 09
    ignitesrini
    raman srinivasan

    The slogan “Erin go bragh,” usually translated as “Ireland forever,” is traditionally used as a declaration of Irish identity. But it could also, I fear, be read as a prediction for the world economy.

    How did Ireland get into its current bind? By being just like us, only more so. Like its near-namesake Iceland, Ireland jumped with both feet into the brave new world of unsupervised global markets. Last year the Heritage Foundation declared Ireland the third freest economy in the world, behind only Hong Kong and Singapore.

    LFLV20

  • 20 Apr 09