Erin Go Broke

Another New York Times article (this time by Paul feckin Krugman of all people!) detailing the miserable state of the Irish economy. Straight from the beginning it's bleak: “What,” asked my interlocutor, “is the worst-case outlook for the world economy?” It wasn’t until the next day that I came up with the right answer: America could turn Irish. Ouch. Cue all the replies in Irish newspapers complaining about the unfair picture foreign governments and journalists are giving about Ireland.. via NY Times