Letting the Eire Out

There is no reason to believe that Ireland is not in a bad way. There is a general lack of confidence and a long track of record of abnormally high government ineptitude. AIB and Bank of Ireland have sunk money into what has been one of the most ludicrous property bubbles imaginable. The rental fees, property values, and cost of living have been astronomical. It was the sheer effrontery of the costs which made them bearable. Nobody considers what is truly shocking.

I'm thinking Ireland will soon be forming a union with the glorious nation of Germany.