Doesn't this all come back to which interest group is best recognized by the ECB/Irish sklaven, and there's no voice for what might be termed a sensible course of action?

The ECB is largely irrelevant to the Irish situation - if Ireland wants to implement a solution that would work, then the ECB does not have enough divisions to stop it from doing so.

It is true that the Irish political class isn't going to do this, but that does not mean that it cannot be done.

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.