Irish Daily Star headline
It might have a rude word in the headline, but at least it's about real news, not reality TV.
They don't mince their words in Ireland
Started by
John Drake
, Nov 24 2010 12:53 AM
2 replies to this topic
#1
Posted 24 November 2010 - 12:53 AM
John Drake
Site Admin: TotalRL.com
TotalRL.com
Email: john.drake@totalrl.com
#2
Posted 24 November 2010 - 11:52 AM
I wonder if theyve got a solution?
#3
Posted 24 November 2010 - 01:37 PM
To be fair, the Irish have been particularly screwed over by their government.
For one thing, they joined the Euro which meant they lost control of their interest rates thus fueling a property and investment boom; it also hampers their efforts to make repayments (can't devalue).
Worst of all the Irish government didn't just save the savings / currents accounts of the average Joe Soap but actually nationalised bank bonds.
Hence their debts are about three times more serious than ours.
For one thing, they joined the Euro which meant they lost control of their interest rates thus fueling a property and investment boom; it also hampers their efforts to make repayments (can't devalue).
Worst of all the Irish government didn't just save the savings / currents accounts of the average Joe Soap but actually nationalised bank bonds.
Hence their debts are about three times more serious than ours.
0 user(s) are reading this topic
0 members, 0 guests, 0 anonymous users













