Friday, October 1, 2010

Greed bequethes the slavery of debt

At my hotel in Bristol I am getting the Times newspaper each morning, a rare treat to read both a good newspaper and a paper copy. A report got my attention that due to the 39 billion GBP cost  of bailing out its banks, Ireland's budget deficit will climb to 32 per cent of GDP, more than ten times the limit mandated by the European Union on its member nations.

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