Socialism and Communism don't work, but neither does straightforward capitalism. We've got to get a new way of thinking and working. We blew it so there was good and bad about the celtic tiger. But we're tiny. There's four million in the country, do you know what I mean? We're tiny. Four million in a country, how many is in New York? Seven? Ten? But we're strong, so hopefully we pull through.

I have shot myself in the foot so many times, I'm crippled. Look, I am not exactly Mr. Great Career Guy. I shoot actually what I think. In a weird way, I used to think that was really messed up. Now I think it's okay. Mistakes, once you don't repeat the same mistakes, have no regrets. Live and learn. We mess up, so what. But know why you messed up and don't make the same mistake.

We became friends in Dublin through music and we had real names, Fionan Hanvey and Derek Rowan - what a dreadful name. And Paul Hewson. We gave each other nicknames just the way most kids do, but the nicknames had more to do with how we physically looked or our essence and I had quite square features as a young kid. I was called Wavin for awhile, but I'm a bit softer - I'm a little softer than a surge pipe so they changed that to Gavin. I didn't chose it, it was Bono and Guggi who gave it to me.

I think a lot of kids do dream in their own way, except 25, 30 years later legend happens because some of us have become quite well known. So the myth becomes magical. So I tend to sort of see it very practical for me. When I go out for a drink, Bono can buy the pints because he has more money than me. We're the same guys, do you know what I mean.

I was into David Bowie. I attracted long hair and earrings when it was quite a risque thing to do in Dublin. We didn't have the liberation that America and Britain in the '60s but I did always look to England and America, mainly because of the music that came from there.

I was a very shy child. I didn't like football. I didn't like the usual stuff that was shoved at. Sports were always down you and the Gaelic language, which I've actually disliked as a kid but as I grow up I quite like it.

Do you think I'm going to live until 100? I'll have to, maybe Bono can arrange that. That would be interesting. Hey Bono, thank you for my 50th, can you make me live another 50 years? It's just such a pleasure to be and an honor.