This is why I say anyone who considers macroeconomics

[Don1]

the fact is everywhere have their racism and classism even the grand ole China.

People a gwaan like because certain country a progress they have no racism.

woiee mi Belly!!

[Assasin]

yeah is a good thing Economics is about good practice and not race.

[Don1]

yeah is a good thing Economics is about good practice and not race.

Woiee Mi Belly 2

[Karl]

a real science with provable theories is fooling themselves. Most of the solutions are guesswork based on data which may or may not be relevant to the crisis or problem being addressed.

A few years ago Ireland was the so-called Celtic Tiger, to be studied and replicated by all underperforming economies. Today they are a bankrupt nation who did everything wrong, and everybody should have seen it coming.

That last paragraph is soooo funny!


I know you are merely reporting what was said...but it sure as hell is a funny statement!

[wbvs]

a real science with provable theories is fooling themselves. Most of the solutions are guesswork based on data which may or may not be relevant to the crisis or problem being addressed.

A few years ago Ireland was the so-called Celtic Tiger, to be studied and replicated by all underperforming economies. Today they are a bankrupt nation who did everything wrong, and everybody should have seen it coming.

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Ireland $164B rescue in works: UK Sunday Times


TEL AVIV (MarketWatch) – The International Monetary Fund, European Union and European Central Bank are preparing a 120-billion-euro ($164 billion) bailout of Ireland, requiring the country to raise taxes and nationalize more banks, the Sunday Times of London reported.


NATO leaders agree on Afghanistan deadlineNATO leaders in Lisbon have agreed a deadline to hand over control of security in Afghanistan by 2014. Video courtesy of Sky News.
The plan, which would exceed the 110-billion-euro bailout created for Greece, could be unveiled as early as Monday morning, the paper reported.

Ireland’s cabinet is meeting in an emergency session this weekend to complete a four-year budget, the paper reported. The budget is also set for release this week, the Sunday Times reported.

A property tax of 500 euros a house plus more public-sector cuts are expected to be part of the plan, the paper said.

A team that is figuring out how to restructure Ireland’s banks is also developing a proposal for a wealth tax on the country’s richest citizens, the Sunday Times reported.

France and Germany are pressuring Ireland to raise its 12.5% corporate-tax rate, the paper reported.

And the EU is expected to guarantee bonds issued by Irish banks and to extend that guarantee across Europe to prevent speculators from going after Portugal or Spain, the Sunday Times reported

USA next !