Celtic Meltdown: Why Ireland Is Broke and How We Can Fix It - Softcover

O. Dalaigh, Cearbhall

 
9781848890121: Celtic Meltdown: Why Ireland Is Broke and How We Can Fix It

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Inhaltsangabe

With the Irish government's bank guarantee in September 2008, the death knell sounded for Celtic Tiger Ireland. We watched in disbelief as the bubble burst: tax revenues collapsed, unemployment soared and the Irish people were made liable for huge gambles lost by bankrupt banks. Was the party over? Many factors are blamed for the financial crisis, but who is really responsible? And perhaps more importantly, why was everyone taken by surprise? What happened and how did it happen? And where do we go from here?
There is a way out of this mess, based on high standards, appropriate levels of pay and conditions, fair and efficient taxation, strict regulation in the public sector and in financial markets. Those in positions of power must share the pain. Routes to recovery are charted here, with radical ideas such as abandoning the euro, allowing banks to fail and embracing nuclear power. People in Ireland are angry and want to know the truth. This book will change your mind on many aspects of modern Ireland. Celtic Meltdown goes behind the headlines to tell the inside stories the spin doctors have covered up.

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Über die Autorin bzw. den Autor

Cearbhall A" Dalaigh from Kerry emigrated to America in 1970 and returned to Ireland in 1978. He invested in and worked in the tourism and fishing industries and sold those interests in 1990. He then worked with the EU-TACIS programme in the early 1990s. [The Technical Assistance to the Commonwealth of Independent States programme was originally set up to give aid to the newly-independent countries of the Soviet Empire.] From the mid-1990s to 2007 he was a subcontractor in the Irish construction industry. His interests lie in economics and Irish politics.

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