Oh well. But WHY was the bubble bigger in Ireland? Do Irishmen need some kind of bigger houses and more of them than the rest of the world? Anyway, we keep goi

Oh well. But WHY was the bubble bigger in Ireland? Do Irishmen need some kind of bigger houses and more of them than the rest of the world? Anyway, we keep going and going in circles. Let's stop. The whole story (including why more debt) is very well described here: http://en.wikipedia.org/wiki/Celtic_Tiger http://en.wikipedia.org/wiki/Celtic_Tiger More on that later I guess. Let me just add that it would be very simplistic to attribute "current problems" just to the property bubble, or high debts to just low tax rate for multinationals. So to make it clear, that's not how I think.