As the markets are very nervous, he Irish bailout looks fragile….
Tomorrow there’s a general strike in Portugal.
That’s going to cheer everyone up, isn’t it?
Portugal and Ireland
November 23rd, 2010 · 4 Comments
Tags: Finance
Tim Worstall
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4 responses so far ↓
1 dearieme // Nov 23, 2010 at 12:19 pm
You can always depend on Organised Labour to make things worse.
2 Sean O'Hare // Nov 23, 2010 at 2:59 pm
Portugal are going to be alright. Barosso can bail them out and put it on expenses.
3 pete // Nov 23, 2010 at 8:27 pm
“You can always depend on Organised Labour to make things worse.”
Generally I wouldn’t hold with conspiricy theories but……
4 So Much For Subtlety // Nov 24, 2010 at 6:32 am
I feel a little bit of a Leninist mood today. I am hoping that the worse it is, the better. By all means, bring on the strikes. Let’s make sure that the Euro will fail.
It will cost us, but the long term costs of the Euro are just as bad. And if the Euro does not fail this time, we will just get another crisis if Europe cannot co-0rdinate their fiscal policies.
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