sacodetoro
Lifer
The people should I've rioted when it mattered then.
Irelands debt is 1000% of it's GDP they have no option but to be bailed out.
Irelands debt is 1000% of it's GDP they have no option but to be bailed out.
Ireland only has 60 days left of cash left
- Thread starter kellygt
- Start date
thats the problem here though, people seem to ignore all the indirect effects, taking away that much dosh will hit them directly and effect their everyday lives, that may push them into doing something, too late, but i'd say there'll be trouble over this
gv1.3
Admin
I dunno Wes, how far do people need to be pushed. And this attitude of "well its not hurting me yet so I dont care" is what allows the government get away with the shit its getting away with.
This sums it up perfectly for me, it is a quote from Pastor Martin Niemöller regarding the turning of a blind eye of German intellectuals as the Nazi party rose to power. It always strikes me as being very relevant in Ireland - so long as I am okay that is all that matters
They came first for the Communists,
and I didn't speak up because I wasn't a Communist.
Then they came for the trade unionists,
and I didn't speak up because I wasn't a trade unionist.
Then they came for the Jews,
and I didn't speak up because I wasn't a Jew.
Then they came for me
and by that time no one was left to speak up.
This sums it up perfectly for me, it is a quote from Pastor Martin Niemöller regarding the turning of a blind eye of German intellectuals as the Nazi party rose to power. It always strikes me as being very relevant in Ireland - so long as I am okay that is all that matters
They came first for the Communists,
and I didn't speak up because I wasn't a Communist.
Then they came for the trade unionists,
and I didn't speak up because I wasn't a trade unionist.
Then they came for the Jews,
and I didn't speak up because I wasn't a Jew.
Then they came for me
and by that time no one was left to speak up.
yeh i suppose the pushing doesn't matter now because its way too late!
what you said sums it up perfectly!
also as you said earlier, the worst is people will still vote these fools back in, are they braindead?!
williamocarroll1982
Member +
@ gv1.3 very good point again and I agree with all you have said. I'm not going to make any points on this tonight because im actually REALLY upset over the whole thing now. I just want it to get sorted but i really think if all what has been said goes through that my life is screwed for the next 15-20 years. Thank you very much fianna fail
all this shite talk by irish lads, we built new york, we built england, celtic tiger and all that crap and now look at that shame it put on itself 
http://www.donedeal.ie/for-sale/sites/1708409
http://www.donedeal.ie/for-sale/sites/1708409
the_names_james
Member +
It's not only Ireland that's affected, it's a disease called the global financial system.
If you are willing to (a) learn a thing or two, and (b) give up two hours of your life in order to do it, this link may be of interest:
http://vimeo.com/13770061
If you are willing to (a) learn a thing or two, and (b) give up two hours of your life in order to do it, this link may be of interest:
http://vimeo.com/13770061
sacodetoro
Lifer
Aidan@EP-styling
Trader
The EU / IMF Bailout.
There has been talk going on these days that the Irish government should refuse the Bailout offer set by the EU / IMF.
If it is refused the Ireland it will have to default itself from the EU. We would be forced out of the EU.
If we are forced out of the EU to become an independent country again then how will that be like?
- The majority of the international companies will wave good bye to us because they could not longer free trade in the EU. In order to export goods out of Ireland into other European countries would involve an import tax?
I think we have no other choice now only to do whatever the hell the EU / IMF tell us what to do. We will be given an 85 billion loan with 5% or whatever interest
There has been talk going on these days that the Irish government should refuse the Bailout offer set by the EU / IMF.
If it is refused the Ireland it will have to default itself from the EU. We would be forced out of the EU.
If we are forced out of the EU to become an independent country again then how will that be like?
- The majority of the international companies will wave good bye to us because they could not longer free trade in the EU. In order to export goods out of Ireland into other European countries would involve an import tax?
I think we have no other choice now only to do whatever the hell the EU / IMF tell us what to do. We will be given an 85 billion loan with 5% or whatever interest
Aidan@EP-styling
Trader
lol there will come a time probably next year where we will have to bail out of the country
Johnny_C
Lifer
maybe,time will tell.
kellygt
Member +
They wont give us an exact figure its that high I dont think the bailout sum is enough to even fix the country and we will never be out of debt
our children and there children and there childrens children will be paying it back for a long time now would be a good time to start thinking about
leaving Ireland
Johnny_C
Lifer
Aidan@EP-styling
Trader
The whole thing has been very unclear to the people but it is the ECB that lent the banks such as AngloIrish Bank all the billions. Anglo cannot pay them back now. ECB Bondholders want their money back. The Irish government in 2008 guaranteed the banks in the event if they cannot pay the bondholders then the Irish tax payers will have to pay.
This has happened now. The bondholders want their cash back so now Ireland has been offered a Bailout fund. If we accept the bailout then we use the bailout to pay off the bondholders but with a better interest rate that paying bondholders.
If Ireland refuse the bailout then afaik we can stick up the middle finger at the ECB bondholders but we as a country will be kicked out of the EU
kellygt
Member +
Is anyone starting to believe Jim Corr's conspiracy theory now???? I think he's on to something like