The Irish have changed governments, and the latest election winners promise they’ll be talking with France and Germany about renegotiating their loans from the EU!
Meanwhile, griding deflation goes on and unemployment continues rising.
Put simply, Ireland can’t grow its way out of this disaster unless they leave the Euro zone. French and German bankers, not to mention French and German politicians, are not about to let them off easily, so the game of extend and pretend will continue.
Gorilla says: “A landslide it may be, but it’s on top of a mudslide that isn’t ending!”