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Yeah, what's the pattern? Never heard that Ireland had a large grey economy, yet it seems to me to be the most troubled of the bunch.
by borism 16y ago
Yeah, what's the pattern? Never heard that Ireland had a large grey economy, yet it seems to me to be the most troubled of the bunch.
- gaius 16y agoNot so much in Dublin perhaps, but rural Ireland is all about favours and bartering, it's not even really a "black market" since cash isn't the currency. I dunno, it's cool, it makes it feel much more like a connected community, but you can't trade mackerel for fenceposts (this is a real deal in which I was involved) in the global economy without going via actual cash...
- anonymousDan 16y agoFrom what I've read about Greece, Ireland's problems are completely different. Nothing to do with a black market, more to do with an incompetent government that let property prices get out of control.