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Nobel winner Paul Krugman says Irish should vote no in Euro referendum

New York Times columnist advises Irish voters to reject Treaty today

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bear022013, it has nothing to do with asylum seekers or immigrants to Ireland.. There has been a drugs problem in Ireland and Dublin and Galway and Cork and.... for decades, Veronica Guerin was killed by Irish drug lords. The gangs are making big money from it. Mary Robinson got out before the Celtic Tiger got properly fueled. She moved to New York in the 90's.
I agree with Krugman, rarely. On this I do agree. Ireland could and should work out a much better deal. ..... >>> The EU mandate that Ireland raise taxes to accommodate these "bailouts" of g'ment and Irish banking is or should be a deal breaker for the Irish citizenry and the Irish economy. <<<
Krugman is usually WRONG on issues of the US economy...we are $16 TRILLION dollars in debt. Who is he to tell the Europeans what to do...in this particular story the Irish. I'm an American, and long ago we learned to ignore this radical far left liberal.
Krugman should stick to his own economy and leave the European one to those who live and work within it. He is off the mark when it comes to European issues, and as an economist he should realise that one size does not fit all. The austerity measures are necessary in the short term, with the next stage far more important as the Eurozone will be looking for growth and job creation, both of which require the immediate fiscal belt tightening to ensure a future.
Krugman also gave great advice to Enron when he was their financial advisor.
Of course he says no,he doesn't have to live with the consequences.
IF Krugman says "Vote NO"....I would urge a YES VOTE....he is a big deficit hawk....spend and spend and tax and tax....he belongs in Russia or Cuba....maybe even N.Korea..
Krugman is a brilliant economist and I agree with most of his assessments of the the US economy. However, he has been mostly wrong on Europe and the euro. This time Europe doesn't care about the Irish vote, ESM will go into effect with only 12 of the 17 euro countries approving it. An Irish "NO" vote is a shot in the foot. The Irish are smarter than that.
Krugman is right on the money. A unified currence without a unified political system simply cannot work. Even the economists who came up with this hairbrain idea stated as much. Either unify politically, in which case our country becomes a footnote in history, or leave the euro and turn the EU into an economic zone, sort of like a NAFTA with a NATO component.
He has been consistently closer to the truth than the traitors who steal from the sick, the handicapped, the unemployed and old age pensioners to hide their economic mistakes.
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