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Americaâ€™s Palestinians: Lessons from The American Indian Experience for Israel... Sun Mar 29, 2015 20:00 | Jerome Nikolai Warren
Spain is not Greece, or is it? Electoral prospects for the left in 2015. Thu Feb 05, 2015 19:00 | modulus
SYRIZA and Memnosyne Sat Jan 24, 2015 09:09 | Jerome Nikolai Warren
Why the Workersâ€™ Party Wed Jan 21, 2015 20:08 | Gavin Mendel-Gleason
â€śItâ€™s boring but necessaryâ€ť: An Interview with Jos Alembic (aka â€śQâ€ť) o... Mon Jan 05, 2015 18:44 | Jerome Nikolai Warren
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Graham Dwyer and Violence Against Women Mon Mar 30, 2015 12:11 | Vicky Conway
Three EU-funded Ph.D positions on Environmental Governance and Compliance (4 years) Mon Mar 30, 2015 10:49 | GuestPost
The Prince Charles Black Spider Memos and Unreasonableness in the UK: The Resurgence of the Common L... Sat Mar 28, 2015 14:58 | Alan Greene
End Direct Provision: #DirectProvision15 Wed Mar 25, 2015 10:16 | GuestPost
Guest Post: 20 years after Beijing: let?s take a few steps back. Fri Mar 20, 2015 08:13 | GuestPost
The Recession, Bank Bailout or our Deficit?
national | eu | opinion/analysis Tuesday May 01, 2012 09:27 by Sonya Oldham - The People's Association Watchdog irelandpaw at gmail dot com
Does the Fiscal Compact Treaty Deal with the Cause of the Crisis?
Does the Fiscal Compact Treaty Deal with the Cause of the Crisis? What Caused the Crisis? The collapse of the Irish banking system was principally caused by a failure of regulation and the reckless lending practices of the Irish and European banking system.
According to the Banking Enquiry: Financial integration in the euro area allowed banks in Ireland unprecedented access to cross-border funding. As in many smaller EU economies the entry of foreign banks intensified competition in lending. The banks’ ability to borrow cheaply in international wholesale markets created a ‘capital flow bonanza’ which has been observed to markedly increase the likelihood of a banking crisis within the receiving country. This clearly happened in Ireland.