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Ireland was in the original PIIGS group[1] after the insane bank bailout in 2008, which skyrocketed debt levels. They've fallen since[2]. [1] https://en.wikipe
by patrickk 4y ago
Ireland was in the original PIIGS group[1] after the insane bank bailout in 2008, which skyrocketed debt levels. They've fallen since[2].
[1] https://en.wikipedia.org/wiki/PIGS_(economics) https://en.wikipedia.org/wiki/PIGS_(economics)
[2] https://tradingeconomics.com/ireland/government-debt-to-gdp https://tradingeconomics.com/ireland/government-debt-to-gdp
- TurkishPoptart 4y agoTo my understanding, they've since whored themselves out to Apple and Pfizer as a tech tax haven.
- patrickk 4y agoThat’s been going on for far longer than 2008 and isn’t connected with the bank bailout.