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so, is this whole Ireland issue sorted now or are they still f**ked?

The_White_Horse
The_White_Horse Posts: 3,315 Forumite
in Debate House Prices & the Economy
i am not hearing much about it all anymore.
«1

Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    If you call a rising VAT rate which by 2014 will be 23%. To be an issue sorted.

    Eire is in an age of austerity for at least a decade. As it will take that long to downsize the balance sheets of AIB and BOI. (Unless they are taken over).
  • eamon
    eamon Posts: 2,322 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    A lot will depend on how f**ked is defined. The remaining banks will be very small. Everybody that pays tax via PAYE (don't know the name of the Irish equivalent) will pay more. VAT will rise. Public spending will fall. This will eventually pay of the debt. Meanwhile Ireland is f**ked.
    Or
    Sinn Fein, Labour and some independents form the next government. See the details of what exactly has been agreed and immediately default & leave the Euro. Ireland is still f**cked but misery loves company as they are joined by Portugal, Spain & Belgium (yes Belgium).

    The Irish state and the official economy may be in dire straits but the black economy in Ireland is substantial in its size and reach. Corruption is not just for those in officialdom. As many have said Ireland will be ok.
  • satchmeister
    satchmeister Posts: 372 Forumite
    and we are loaning them (or giving if they can't pay it back) all the money we are going to save from the public sector cuts ...
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    The_White_Horse wrote: »
    so, is this whole Ireland issue sorted now or are they still f**ked?

    i am not hearing much about it all anymore.

    From my simplistic point of view, if you're very f*cked and in lots of debt, you're still pretty much f*cked even if someone else lends you some money to pay off that debt.
  • diable
    diable Posts: 5,258 Forumite
    The British press have moved on to more important things like why we didn't get the World Cup.......... and who won X Factor and what size knickers Cheryl Cole wears.......
  • leveller2911
    leveller2911 Posts: 8,061 Forumite
    diable wrote: »
    The British press have moved on to more important things like why we didn't get the World Cup.......... and who won X Factor and what size knickers Cheryl Cole wears.......


    Cheryl Cole wears Knickers?:D
  • diable
    diable Posts: 5,258 Forumite
    leveller2911 wrote: »
    Cheryl Cole wears Knickers?:D
    Yeah, I bought some on the tinternet :beer:
  • bryanb
    bryanb Posts: 5,034 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    diable wrote: »
    The British press have moved on to more important things like why we didn't get the World Cup.......... and who won X Factor and what size knickers Cheryl Cole wears.......


    Plus the snow!
    This is an open forum, anyone can post and I just did !
  • leveller2911
    leveller2911 Posts: 8,061 Forumite
    diable wrote: »
    Yeah, I bought some on the tinternet :beer:

    I'm all for money saving but TBH I draw the line at buying 2nd Hand Knickers.......:D
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    diable wrote: »
    The British press have moved on to more important things like why we didn't get the World Cup.......... and who won X Factor and what size knickers Cheryl Cole wears.......

    1) Everyone hates us
    2) Matt
    3) Small ones or none at all
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