Saturday, June 15, 2013

Quote of the Day (Mary Robinson, on the Foolish ‘Celtic Tiger’)

“The Celtic tiger ultimately was a huge foolishness. The banks borrowed and lent money irresponsibly, and the developers developed irresponsibly. It’s quite fair to heavily criticize the lack of political oversight.”—Mary Robinson, Ireland’s first female President, interviewed by Andrew Goldman, “If You Become Popular in That Job, You’re Probably Not Doing a Good Job,” The New York Times Magazine, March 24, 2013

(The photo shows Mary Robinson, former President of Ireland, at the World Economic Forum, Davos, Switzerland, January 26, 2013.)

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