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 talos - Apr 29 30 comments
by Luis de Sousa - May 1 1 comment
by gmoke - Apr 29 2 comments
by In Wales - May 3 1 comment
by ManfromMiddletown - Apr 24 4 comments
by afew - Apr 20 52 comments
by ChrisCook - Apr 20 2 comments
by DoDo - Apr 11 4 comments
by In Wales - May 31 comment
by Luis de Sousa - May 11 comment
by gmoke - Apr 292 comments
by talos - Apr 2930 comments
by ManfromMiddletown - Apr 244 comments
by ChrisCook - Apr 202 comments
by afew - Apr 2052 comments
by DoDo - Apr 114 comments
by gmoke - Apr 134 comments