Tuesday, November 23, 2010

Debt in Ireland causes its government's collapse

The Irish government collapsed Monday, right after it signed for a $100 billion bailout. According to The New York Times, this has "injected the threat of political instability into a European financial crisis that already has markets on edge."

http://www.nytimes.com/2010/11/23/world/europe/23ireland.html?src=ISMR_AP_LO_MST_FB

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