Latvia provides economic lesson for united Ireland

Latvia's capital Riga. In 2008 and 2009, Lativa's economy shrank by 22 per cent, most of it inside a six-month period
It seems clear that Sinn Fein has briefed the troops to equate Irish unity with German reunification. Since last week’s BBC/RTE poll on the subject, elected representatives and the party faithful have been drawing Teutonic parallels. Special mention to the Radio Ulster caller who claimed German unification had been opposed by “British economists”. Did they threaten 800 years of recession? Germany is an unwise comparison for republicans to make because it has been unified through an enormous, endless west-to-east subvention, while Irish unity is widely accepted to mean endi[...]

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