If any new EU treaties are planned for the next decade, it is increasingly likely they will be blocked by Irish referenda and there will be no reruns to reverse decisions.
Our debt crisis cannot be solved by increasing debt, and a deep recession cannot be reversed by reducing economic activity.
And can we stop talking about a €85 billion rescue package as €17.5 billion is our own money and up to €35 billion could end up being used to "rescue" major continental banks and the ECB.
Letter published in the Sunday Business Post on 12th December 2010.
