EU referendum is a bad Irish joke

Ireland is set to vote on the EU's proposed fiscal compact to limit member states' spending. The Emerald Isle's populace may choose to maintain a small sliver of sovereignty, but it will be at great economic cost.

John Maynard Keynes once warned, ‘The inevitable never happens. It is the unexpected always’. It is less well known that he had borrowed this phrase from the 19th century classicist Sir John Pentland Mahaffy.

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