The first to exist the bailout program, but not the last to enter it. What about the countries that didn’t need bailouts?
I think your analysis is, to borrow a phrase, “remarkably shallow.” Ireland has an unemployment rate of 13.6%, there is no way to claim that things are going well. GDP is a failed measure of growth and success. It allows governments to claim good economic records based on finance bubbles that produce no goods and make no one better off.
Your argument is that binging and anorexia are better for you than a healthy diet if you end up weighing less at the end of the day. It’s nonsense. The GDP may be higher, but the Irish people are not better off for having been exploited by corrupt businesses and governments.
