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Irish officials acknowledged for the first time Thursday that the country was seeking aid from international lenders to end the debt crisis that has hurt confidence in its long-term finances and renewed doubts about the stability of the euro….“We’re talking about a very substantial loan for sure,” Patrick Honohan, governor of the Central Bank of Ireland, said earlier in a radio interview on the Irish state broadcaster RTE, and such a rescue would be “in the tens of billions” of euros.

Gee, who could have guessed that Ireland was going to take a bailout even though they kept saying everything was fine? My only real question at this point is whether anyone actually believes this loan is ever going to be paid back. I’m pretty skeptical. Then again, a few weeks ago I read that the final debt payment from World War I had finally been paid off, so I suppose maybe this stuff should be thought of on a century-long timescale. Perhaps by 2110 we’ll all be pure energy creatures and won’t care about money anymore. That should solve Ireland’s problem nicely.

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IT'S NOT THAT WE'RE SCREWED WITHOUT TRUMP:

"It's that we're screwed with or without him if we can't show the public that what we do matters for the long term," writes Mother Jones CEO Monika Bauerlein as she kicks off our drive to raise $350,000 in donations from readers by July 17.

This is a big one for us. So, as we ask you to consider supporting our team's journalism, we thought we'd slow down and check in about where Mother Jones is and where we're going after the chaotic last several years. This comparatively slow moment is also an urgent one for Mother Jones: You can read more in "Slow News Is Good News," and if you're able to, please support our team's hard-hitting journalism and help us reach our big $350,000 goal with a donation today.

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