"Just like many African nations, Ireland's debts must be cancelled or a 'financial bomb' will go off in its most deprived communities.

Activists more accustomed to campaigning against the debts of countries like Zimbabwe, Egypt, Ecuador and Indonesia were instead outside the Irish embassy this morning. Dressed as zombies, we hoped to shed some light on the so-called "zombie banks" whose debts continue to drain resources from an Irish public sector that is being slashed to the bone.

Ireland's financial crisis has much in common with scores of countries across the developing world. The country has been brought to its knees by an enormous debt, which originated not with excessive public spending, but a footloose financial sector that gambled with the future of the country. Without so much as a vote, Ireland's people found themselves on the hook for tens of billions of euros of reckless investments."

(Read more)

Haircut ALL the Zombie Banks - with Extreme Prejudice!