Rare Good News from Europe

The American Interest ^ | July 3, 2012 | Walter Russell Mead

[C19fan]

Here’s some good news from across the pond that a lot of Americans will like. Ireland is once again preparing to return international debt markets for the first time since 2010. For the Irish government, the timing is good; as the FT notes, Ireland could use the money:

[C19fan]

Ireland implemented austerity and you have not seen the small violin whining you hear from the Club Med countries. Culture does matter.

[Farmer Dean]

Ireland’s debt is 1200% of GDP.Who’s going to be willing to loan them money?

[gunsmithkat]

Ah great, the alcoholic has cut back to 2 beers and 3 shots a day so it’s safe to let him back in the bar.