• Before posting anything about COVID-19, READ THIS FIRST! COVID-19 and Misinformation (UPDATED)
    Misinformation and/or conspiracy theories about this topic, even if intended as humor, will not be tolerated!


Well-known member
Sep 5, 2007
The euro crisis: A contagious Irish disease? | The Economist

ON NOVEMBER 21st the Irish government at last gave in. It yielded to pressure from its European Union counterparts to seek an emergency bail-out from the EU and the IMF that may amount to as much as €85 billion ($115 billion). In May, when the Greek government secured a €110 billion bail-out and a joint EU/IMF fund worth a stonking €750 billion was put in place, investors believed and the markets rallied. Not this time. Bond yields in Ireland dropped back to 7.93%, but rose to 4.75% in Spain and 11.75% in Greece.

Cassandra Syndrome

Well-known member
Aug 23, 2009
Guess who owns 50% of the Economist?

New Threads

Popular Threads

Most Replies

Top Bottom