Incredible 'Letter from Dublin' via Eurointelligence

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I just got this letter via Twitter from Peter Antonioni. It was, for me, an incredible read and just about summed up everything I'm feeling at the moment. Its most definitely worth a read:

Its written by Kevin O'Rourke and it starts like this:

It is one thing to know that someone you love is terminally ill; their death still comes as a shock.

I certainly don’t want to compare the arrival of the EU-IMF team in Dublin last week to a bereavement. But I was surprised at how upsetting I found it, given that it came as no surprise. It had been clear for a long time that the blanket guarantee given to the liabilities of Ireland’s rotten banks, in September 2008, had saddled the State with a debt that was too big for it to handle. Ten successive quarters of declining real GNP, and one attempt too many to draw a line under the losses of our banks, made our exclusion from international capital markets inevitable. But to know something is one thing; to see it actually happen is something entirely different.
article[tt_news]=2973&tx_ttnews[backPid]=901&cHash=484db55c3a

Fairly gave me a lump in my throat this morning :cry:
 




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