"We [Ireland[ are no longer a sovereign nation in any meaningful sense of that term" says Morgan Kelly, professor of economics at University College Dublin "From here on, for better or worse, we can only rely on the kindness of strangers." Kelly is known as Ireland's "Doctor Doom." He's got a long (depressing) piece on Irelands (mis)fortune entitled If you thought the bank bailout was bad, wait until the mortgage defaults hit home.