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News Link • Economy - International

Ireland exits bailout with warnings of more austerity

Ireland on Sunday formally exits its three-year bailout programme, becoming the first eurozone nation to do so, but authorities warned of further austerity to ensure economic recovery....

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Comment by Ed Price
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Bailout exit strategies won't work without a system bailout entirely. This means, get off the currency standard. Go back to gold and silver coin. If currency is used, make it redeemable in gold or silver. Other precious metals may be used as well. Get completely off the debt-money standard. Tighten your belts, cut your losses, and go back to what has worked for thousands of years.

Dumping a bailout plan alone isn't near enough.

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