"First, we have no bank resolution law in Ireland, so we can do what we want from here. We could now pass a law that says the Irish approach to bank resolutions will be based on debt/equity swaps, where shareholders and subordinated debt holders take the first hit."
I agree we need to allow the above.
I admire David McWilliams, for the record.
My take on his latest blog is different to his.
And his take to my response may be different too.
That is what democracy is all about.
I believe we need to share our individual vision so that it enables each one of us, to grow into mature human beings.