Ireland is Bankrupt. Now Let’s Get Over It

Goodbody Stockbrokers is predicting a decline in GDP this year of 6% unsettling public finances. Irish Nationwide has been downgraded by Moody’s to one notch above junk. Ireland is bankrupt. More specifically, its financial institutions are bankrupt, its government is bankrupt and, unfortunately, many of its businesses and citizens are bankrupt. But this is not [...]
