The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
"But the CDU and SPD are not?"
Actually, no. Even the CDU is probably to the left of both major irish parties.
"I did not see any problem in Ireland that was any of my business and which could not be solved with a default. If the Irish want to blow housing bubbles, then that's their problem."
Ah, no. European tribune, remember? Everything in the EU is my business too. If you want to think in nationalistic way, that is not my problem. By the way does that means you will shut up about domestic german politics in future?
"Uh, no. I said that Ireland should not raise taxes in order to pay stupid banksters who placed bets on a real estate bubble."
But even after you factor out all bank related spending, there still is considerable deficit in Ireland.
"Nobody is holding a gun to any foreigner's head and demanding that he buys Irish Treasuries - Ireland, remember, has a current accounts surplus."
Exactly. That means that your current account deficit (or even trade deficits) argument cause budget deficits is false. But whatever. Fine. Let's cut ireland off. Do you really think the considerable primary deficit will then be financed by domestic irish creditors?
"What I argue is that the Irish central bank"
What central bank? Are you talking about the ECB?
by DoDo - May 1 19 comments
by Frank Schnittger - Apr 30 3 comments
by gmoke - Apr 28 7 comments
by Bernard - Apr 24 27 comments
by Frank Schnittger - Apr 27 12 comments
by Frank Schnittger - Apr 27 25 comments
by Frank Schnittger - May 4
by DoDo - May 119 comments
by Frank Schnittger - Apr 303 comments
by gmoke - Apr 287 comments
by Frank Schnittger - Apr 2712 comments
by Frank Schnittger - Apr 2725 comments
by Bernard - Apr 2427 comments
by gmoke - Apr 11
by Bernard - Apr 65 comments