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Jake

as long as the Irish government is able to tell the largest single creditor to fuck off. Its creditors are unlikely to form a coherent block if it starts taking them down one by one.

i can't evaluate your strategic path, but this tactical path seems highly hypothetical, if not unworkable.

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?

"Life shrinks or expands in proportion to one's courage." - Anas Nin

by Crazy Horse on Sun Nov 21st, 2010 at 03:24:39 PM EST
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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

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sun Nov 21st, 2010 at 04:06:21 PM EST
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