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Ireland - Meltdown approaching fast

135

Comments

  • kennyboy66 wrote: »
    What an utter whingebag. He returned to Ireland in 2000 and published a novel in 2001.

    Writers, authors and composers pay no tax in Ireland.

    Could these 2 facts possibly be connected ?

    Strange...........Sounded like it came from the heart to me.I think the guy is genuinely gutted about whats happening to his country, having dreams and aspirations for your countries future and remembering the past is to be commended and not ridiculed. Its a shame we aren't a bit more passionate about OUR country.

    Cynical view Kenny:rolleyes:
  • People are aware of the facts but they don't like to protect the nature I don't know why?
    No Unapproved or Personal links in signatures please - FT3
  • The original poster said Ireland's deficit was heading for 11% and that they were on the verge of collapse.

    Guess what? Thats the exact figure the UK is heading for;
    http://uk.biz.yahoo.com/16022009/140/recession-hit-uk-must-borrow-extra-pound-100bn.html

    ...only we're not in the Euro.
  • kennyboy66 wrote: »
    What an utter whingebag. He returned to Ireland in 2000 and published a novel in 2001.

    Writers, authors and composers pay no tax in Ireland.

    Could these 2 facts possibly be connected ?

    Really?!

    See you later then, I'm planning my move to Ireland!
  • tirano
    tirano Posts: 111 Forumite
    A few choice quotes

    After a decade of a credit-fuelled property bubble, the economy is not so much crumbling as vaporising: were we the size of Britain, January’s rise in unemployment would have been over half a million

    For increasing numbers of ordinary people, the Irish economic miracle has turned out to be as worthwhile as a share in Bernard L Madoff Investments

    In circumstances where the Government could not even pay public sector salaries, the bank guarantee would immediately become worthless and we would see an uncontrollable run on all the Irish banks

    Morgan Kelly is professor of economics at University College Dublin

    http://www.irishtimes.com/newspaper/opinion/2009/0217/1224241278003.html?via=mr
  • I was chatting this evening by telephone to an old friend in Dublin. She said that Ireland - population just over 4 million - is borrowing 3m PER DAY. How long will that take the Irish to repay?

    75p per head per day sounds very little.
  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    How many will be putting off coming to the Cheltenham festival next month?

    Not many, trying to get last min accomodation,at the mo and struggling.
    Official MR B fan club,dont go............................
  • stevetodd
    stevetodd Posts: 1,016 Forumite
    ess0two wrote: »
    How many will be putting off coming to the Cheltenham festival next month?

    Not many, trying to get last min accomodation,at the mo and struggling.

    We used to stay in hotels but eventually realised that hiring a cottage was much cheaper and so much better in other ways too, we got one for £700 for the week (slept 6 so easily good for the 4 of us)
  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    stevetodd wrote: »
    We used to stay in hotels but eventually realised that hiring a cottage was much cheaper and so much better in other ways too, we got one for £700 for the week (slept 6 so easily good for the 4 of us)


    There is only 4 of us,looking a dragging my mates caravan down as last resort.
    Just struggle then if you need to entertain any ladies:rotfl:
    Official MR B fan club,dont go............................
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    ess0two wrote: »
    How many will be putting off coming to the Cheltenham festival next month?

    Not many, trying to get last min accomodation,at the mo and struggling.

    Fantastic :beer:
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
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