Showing posts with label irish Government debt crisis. Show all posts
Showing posts with label irish Government debt crisis. Show all posts

Monday, July 22, 2013

22/7/2013: That Growing Debt Pile...

In the week when Irish debt/GDP pushes above 125% that some of the luminary 'green jerseyists' said it will never do, let's say loudly to ourselves: "Ireland is not Greece..."


A gentle reminder to stay calm and not to worry, because, as we now know, debt does not matter at all... what matters is pants,.. bright pink pants...

Chart source: http://www.bis.org/publ/arpdf/ar2013e1.pdf