Thursday 18 January 2018

On the road again

• Catherine Dunne should not have been surprised by the resurgence in emigration ('It's time to add sad new chapter to emigrant tale', Irish Independent, October 2).

The fastest way to financial viability for a country with crippling debts is to allow its currency to depreciate.

Ireland's membership of the eurozone precludes this option. Ireland's predicament was foreseen 20 years ago by the Cambridge economist Wynne Godley.

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