Curated Resource ( ? )
The Irish Economy » Blog Archive » Divide and conquer
Curated:
13/01/2011 from
www.irisheconomy.ie/index.php/2011/01/13/divide-and-conquer/
my notes ( ? )
"Of course ordinary French and German taxpayers are going to be angry at lending their money to an insolvent state with lower tax rates than their own. Why wouldn’t they be? Of course ordinary Irish taxpayers are going to be angry at having to pay for high interest loans designed to bail out foreign banks. Why wouldn’t they be? And while ordinary Europeans get angry with each other, with unpredictable political consequences, capital walks away scot free."
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The above notes were curated from the full post www.irisheconomy.ie/index.php/2011/01/13/divide-and-conquer/.Related reading
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