This is not reality TV. Perceptions driven by the camera will not alter reality for the sharks. The sharks are coordinating attacks and circling their prey because they know that Ireland can't repay. Quantitative easing is the only way to fend off the immediate attack.
After promising a 15 billion euro ($20.7 billion) austerity package of spending cuts and tax hikes, Ireland's government may be facing its last chance to avoid a bailout by persuading markets that the country can repay its debts.
Source:
finance.yahoo.com
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