Tuesday, March 17, 2009

St. Patrick's Day

Today we all have a little Irish in us. So, let's look at the Irish Stock Exchange Overall Index that has dropped 80% to date. To a certain extent Ireland is the poster economy for neoliberal economic ideology adopted over the last generation. It has relied substantially on foreign capital for its development -better known as beggar thy neighbor. If you live in Ireland, maybe you could tell us how that's working for you now.

posted by TimingLogic at 1:48 PM