Gerry Adams: “We would negotiate with the bond market…”

Politics.ie characterised it as a “ding dong” between Fine Gael spokesman Leo Varadkar and the still MP for west Belfast, Gerry Adams, on RTÉ’s Morning Ireland.  But it’s probably not as bad as that 2007 debate…

It’s towards the end of the 13 minute clip [RealPlayer audio file] that Adams displays what Leo Varadkar refers to as “his ignorance of economics”.

 “We would negotiate with the bond market after we have straightened out the crisis in our own economy,” [Adams] said.

That would be after acting “unilaterally” and “burning the bondholders…”


Discover more from Slugger O'Toole

Subscribe to get the latest posts sent to your email.

We are reader supported. Donate to keep Slugger lit!

For over 20 years, Slugger has been an independent place for debate and new ideas. We have published over 40,000 posts and over one and a half million comments on the site. Each month we have over 70,000 readers. All this we have accomplished with only volunteers we have never had any paid staff.

Slugger does not receive any funding, and we respect our readers, so we will never run intrusive ads or sponsored posts. Instead, we are reader-supported. Help us keep Slugger independent by becoming a friend of Slugger. While we run a tight ship and no one gets paid to write, we need money to help us cover our costs.

If you like what we do, we are asking you to consider giving a monthly donation of any amount, or you can give a one-off donation. Any amount is appreciated.