According to this article, there's a joke going around among Irish economists...
"What's the difference between Iceland and Ireland?
One letter and six months. In other words, the Irish economy is really on the skids.
I mentioned in a previous post that I am teaching a course in Ireland this summer for Missouri students. The key question of the course is, "how has Ireland changed over the last ten years?".
For decades and decades, many Irish people had to emigrate to find work. A few years ago, when money and jobs were pouring in, Irish emigrants started coming back home. These days, some are not so sure they made the right choice.