I personally don't find my observation about Ireland's large population of pale children particularly offensive. I happen to be pale and half-Irish myself (mom from Cork), as well as married to a pale Irish girl.
As for statistics to back up my claim that Ireland is a good bet relative to the remaining PIIGS, here is the % of population under 18 (from 2007, http://childrensdatabase.ie/sonc2008/part1/): Ireland: 24.4 Italy: 17.1 Spain: 17.5 Greece: 17.4 Portugal: 18.7
Regardless, if I offended anyone, I apologize.
I still think youth is a strong sign of a resilient economy. True, Germany doesn't seem to be effected...I'd argue there are other issues there (a phenomenal capital market, for a start).