Ireland’s economic collapse

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    Ireland should renege on €30bn NAMA bonds

    Let’s leave our useless banks with worthless IOUs, writes Mick O’Broin. Even before it emerged that the National Assets Management Agency (NAMA) was definitively bailing out developers, its dealings with banks were problematic. NAMA is, as Enda Kenny said from the opposition benches, “another blank cheque to bailout the banks”. And, like the bank bailouts […]


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