Reverting to the previous topic and my, I thought, useful little contribution. What would be the consequences of a barefaced default? What if the creditors of the Irish banks got nothing, or next to nothing? Surely there have been other, bigger defaults? Russia in the 20s, those South American railways ...
And when I ask what would happen, I mean what would happen a) to the fine nation of Ireland; b) to the rest of the world? How bad could it be?
Back atcha. tasting note: rare example of Rakim not playing "hip hop's Mr Serious Is Concerned" quite as much as usual.
ReplyDeleteReverting to the previous topic and my, I thought, useful little contribution. What would be the consequences of a barefaced default? What if the creditors of the Irish banks got nothing, or next to nothing? Surely there have been other, bigger defaults? Russia in the 20s, those South American railways ...
ReplyDeleteAnd when I ask what would happen, I mean what would happen a) to the fine nation of Ireland; b) to the rest of the world? How bad could it be?
Just wondering why for this day's article..
ReplyDelete