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But killing the Irish economy in order to make a point about the consequences of electing crooks and liars to high office is overkill and collective punishment. What about the Irish citizens who were shouting bloody murder about their corrupt and in-bred politicians? They'll be punished too if the economy goes into the crapper.
Austerity can only be implemented in the shadow of a concentration camp.
No, it does not. Bondholders should be given haircuts in order of their importance for the productive economy, and in a manner that is distributionally reasonable. Widows and orphans should be protected. Bankers should lose their shirts.
True. But you cuold say the same about Labour in Ireland.
After sabotaging the SPD/Linke coalition in NRW for absolutely no gain?
After preferring a Grand Coalition over an SPD/Linke coalition at the federal level?
No, not really.
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