Tip, you're wrong, all politics is global
The great French Marshall Lyautey once asked his gardener to plant a tree. The gardener objected that the tree was slow growing and would not reach maturity for 100 years. The Marshall replied: "In that case, there is no time to lose; plant it this afternoon!"
Nature, it would appear has no problem with "kicking the can down the road".
Finance Minister Michael Noonan's comment yesterday that there is "no urgent need" to return to the markets for borrowing appeared to reflect a similar insouciance.