Dublin's economy could teach U.S.

Dublin's economy could teach U.S.(Real Estate)

The America is not almost so weaponless in this financial grip. Our financial system is far better and more miscellaneous. And the U.S. bank account bond is still the globe’s safest, most sought-after speculation gadget in bad times, housing and industrial real estate markets as a drag on the economy. Still, the Irish experience is instructive: It tells us a Draconian reduction in stimulus spending during a bad recession can be destructive.
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