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Ireland on the Brink !

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Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    amcluesent wrote: »
    Other nations are in a race with competitive devaluations, but Ireland is unable to retain any manufacturing which is all going to Poland.

    There is no 'wealth' just a spiral of debt triggered by easy money of EU grants, many Irish peeps left in a bad position now! But there's always the potato, so there is.

    and our jobs are being exported to Czechoslovakia.......

    We can't grow potatoes as we've built over our farming land.....

    At least the Irish have faced up to the problems rather than spending money they haven't got.

    Property prices down 40 to 50% is this a warning to the UK?

    Maybe I should emigrate to Ireland and start the colonisation!
  • ultra10
    ultra10 Posts: 379 Forumite
    Here Is a good ,easy to understand Analysis of the Irish Predicament :)

    http://bnp.org.uk/2009/04/the-european-union-has-poisoned-the-celtic-tiger/

    Love em or hate em, its an interesting angle ..
  • Crabs
    Crabs Posts: 45 Forumite
    It was an intersting article, not quite wht i expected for sure ..Not sure i agree with all of it ....but worth the read, as were some of the other articles
  • Mr_Mumble
    Mr_Mumble Posts: 1,758 Forumite
    "The state is the great fiction by which everybody seeks to live at the expense of everybody else." -- Frederic Bastiat, 1848.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ultra10 wrote: »
    Here Is a good ,easy to understand Analysis of the Irish Predicament :)

    http://bnp.org.uk/2009/04/the-european-union-has-poisoned-the-celtic-tiger/

    Love em or hate em, its an interesting angle ..

    Article summed up Ireland's problems in a nutsell.
  • ultra10
    ultra10 Posts: 379 Forumite
    edited 9 April 2009 at 11:34PM
    and are we going to be in same position?
    I Think we are in a better position than The Irish Republic, it was to a large degree living a dream, Almost money for nothing... A Bubble that has taken 15 yrs to get where it is now ... Irleand is Fuxxed for several / Many years to come IMO ...
  • poppy10_2
    poppy10_2 Posts: 6,588 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I thought the Irish Premier had, actually, blamed Gordon Brown. If he can, we can!

    Jen
    x

    I thought it was all the Americans' fault?
    poppy10
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