On Wed, 9 Dec 2009 18:03:52 +0000, Nigel Stanley
<nigel.stanley@ <mailto:nigel.stanley%40gmail.com> gmail.com> wrote:

>The Irish economy is a basket case made worse by its government's
>policies. Cut spending in a recession and the deficit gets worse.



 

The problem is that having a massive structural deficit means you have to
borrow the money from some-one and quite rightly they expect you to get your
finances in order. Having built an economy based on shopping and borrowing
we've now got to start paying our way in the world.

 

Colin



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