If you thought the bank bailout was bad, wait until the mortgage defaults hit home

If you thought the bank bailout was bad, wait until the mortgage defaults hit homeTHE BIG PICTURE: Ireland is effectively insolvent – the next crisis will be mass home mortgage default, writes MORGAN KELLY… THE BIG PICTURE:Ireland is effectively insolvent – the next crisis will be mass home mortgage default, writes MORGAN KELLY SAD NEWS just in from Our Lady of the Eurozone Hospital: After a sudde

[Scatterbrain]

WHEN I wrote in The Irish Times last May showing how the bank guarantee would lead to national insolvency, I did not expect the financial collapse to be anywhere near as swift or as deep as has now occurred. During September, the Irish Republic quietly ceased to exist as an autonomous fiscal entity,

[Gomadintime]

すさまじい内容。これがオピニオン欄に載るか。