dingostew.com

This is a long read if you have the time. It basically sums up why Ireland is so screwed financially, and compares Ireland to grece and Iceland. It was written by an American journalist for vanity fair.

http://www.vanityfair.com/business/feat ... and-201103

tl;dr version
The Irish government are idiots and the bankers are wankers!

They actually have amazing articles, really well written!!
I read one last year about the fall of Bear Stearns.. really good
http://www.vanityfair.com/politics/features/2008/08/bear_stearns200808-2

On another note...