The Latest on Ireland and the ECB
Below are two good videos outlining the Irish situation. For relevant background info see CW posts below (the last one is most hopeful):
- Ireland: Next stop – IMF, October 2009
- How Does Irish Banking Play Out?
- Chart of the day: Exposures to Greece, Ireland, Portugal and Spain, June 2010
My own view is that Ireland will eventually need a bailout from the IMF and the EFSF. Listen to what John Brynjolfsson has to say in the first video because he always has a good handle on the macro situation. In the second video, you get more of what the Germans are saying from Hans Redeker.