
Originally Posted by
Furunculus
Ireland should leave the eurozone.
It is a small economy heavily dependent on the UK/US markets in a way that is not true for club-med.
It relies on its business friendly environment to maintain a prosperous service sector, both of which are under threat from the twin forces of an envious europe (likely to force corporation tax increases) and an overvalued europe (ireland gets the pain without the benefit).
It should go directly to the IMF, exit the euro, devalue its currency, and Britain should provide financial assistance, we are up for £7b anyway.
The result would be a competitive economy with full fiscal sovereignty.
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