Monday, March 17, 2014

Saint Patrick Wasn't Irish. And He Wore Blue. Happy St. Patty's Day! And A Sprinkle of Economics Gold Dust.

Saint Patrick Wasn't Irish. And He Wore Blue. Happy St. Patty's Day!

Sicarr/Wikimedia Commons


Who is St. Patty? 

Saint Patrick was born in Britain but then kidnapped by Irish Pirates. He was a slave in Ireland for 17 years. 

Why is he a big deal? 

He is known and celebrated to have brought Christianity to the people of Ireland.

Why March 17th? 

He died that day. 

Ireland Economy

Although it's known as one of the notorious PIIGS, Ireland has seem to be recovering. It was the first country among the PIIGS to leave the bailout program. Given that, over the past year, Ireland ETF has had a 47% return. With these celebrations, investors may try their luck and hope for a even bigger pot of gold at the end of the rainbow. 

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