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Dr Geraldine Mooney-Simmie is not right when she says the bankrupting of this country was of ‘Europe’s making’ and that Trichet’s letter is ‘an issue of human and moral rights’ (Letters, November 14).
The reason Ireland went bankrupt was down to the decisions made by the people in Ireland. They were the powerful people in charge of government and financial institutions during the decade or more of the boom.
Countries whose policy-makers and financial decision makers made good choices will always be able to survive external economic crises.
Countries whose policy makers and financial decision makers make poor choices will always be damaged by external economic crises.
If Ireland were in the former group instead of the latter, we would not have needed a bailout or letters from Trichet or the ECB.
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