Population a key factor in recovery
Published 21/12/2010 | 05:00
The EU has come to the rescue of the Irish economy first because Ireland is the gateway to Europe from the US.
The EU hopes that its bailing out of Ireland will help revive economies elsewhere in Europe, which are in just as much trouble.
This is simply the bully-boy tactics of the biggest boy in the playground. Economics is largely a game of numbers and the economy of China will be one of the first economies to recover given that it has the biggest population in the world.