Tuesday, December 7, 2010

Ireland vs Iceland: deflation vs devaluation

Plain and simple, it would be better for the citizens of Ireland to vote no on the budget, reject the IMF/EU bailout, and pull out of the Euro. All they have to do  is look next door towards Iceland to see how it would all turn out.

Read the full explanation from BCA Research by way of fellow blogger Prieur du Plessis of Investmentpostcards.com here.

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