Bill Still and Karl Denninger encourage Ireland to tell the Central Bankers to Pound Sand! I add my own voice to the chorus calling for Ireland to produce their own sovereign money and free the people of Ireland from the debts generated by bankers who did so for their own personal gain.
I would further add that should Ireland correctly take Bill’s advice, then they need to work on checks and balances to ensure that the power of money creation remains in the people’s hands and also that the quantity of money be kept under control for the very long haul. If they do those things, they will enjoy a prosperous future – best of luck, the rest of the world is awaiting their example.