Saturday, February 5, 2011
If you hurry, you can read it before I do
I don't normally link to things I haven't gotten around to reading yet but between Michael Lewis's record of sharp insights and fine prose and Felix Salmon's glowing recommendation ("tour de force"), I feel confident that this take on Ireland's crisis will be well worth reading.
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Lengthy but worthwhile. It does illustrate how nobdoy is consistent in the stories they tell about bank bailouts (the reasons constantly change are are generally inacurrate). I suspect that this has some lessons for us here in the United States.
ReplyDeleteIt also makes it pretty clear that austerity can't save the situation . . .