Yes, but Ireland wasn't tied up in the middle of a world-wide destabilisation of the financial markets back then.
The concerns are to do with how the markets and world financial bodies, credit ratings, etc, will respond to, on the one hand, the UK spouting on about fiscal prudence, and on the other, Scotland effectively pissing the same currency up a wall. It's a point of strong concern in some areas of the treasury, it's got the capacity to be an absolute clusterfuck, and is partly why my missus wouldn't work on scottish fiscal policy despite that being what they wanted when she was brought up here from the Treasury.
( the mighty badger Aphrodite, on a bar stool, by your side, Mon 15 Oct 2012, 16:00, 1 reply, 13 years ago)

Except that Ireland was doing this in the late twenties and early thirties which were, as you may recall, a worldwide economic clusterfuck.

( Dr Preference AjcuiVd289, Mon 15 Oct 2012, 16:02, Reply)

Good point.
I think it's more about how the markets are stablised and destabilised, now, though. Very different from back then.
( the mighty badger Aphrodite, on a bar stool, by your side, Mon 15 Oct 2012, 16:18, Reply)