What have we left ourselves in for?
TD drives down Dail steps
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Right lads, what do ye think.We've borrowed 80billion+. There's about 4million ppl in Ireland. Allow 4 ppl to a house. Now we've about 1million properties. Now if the gov. gave each household a million a piece to clear their mortgages and depts, and we would still have loads left to spend. I think we would get the ball rolling again. Also they could suspended all welfare payments, (subject to) of course.Now the banks have their money back and will start to loan again, jobs will be created, ppl back to work and spending, the gov are saving on social welfare and they still have billions to do WTF they want to do.
Where is all that money going ?
Ps sorry for straying Grizz.Last edited by reddevil157; 3 March, 2011, 19:01.sigpicComment
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it would be lovely if that would be lovely if that would happen bud, but arent they gonna give lots of that moolah to the bondholders who apparently werent risking any money by gambling on irish bank stocks.
you should have run for Dail. i reckon you'd make better hand than the boyos.Comment
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I read a couple of posts on default and they all seem to agree that if we defaulted our money (lets say 100 euro) would immediately become 50 euro-it would take a few weeks for prices in shops etc. to drop correspondingly -obviously wages would drop as well-and when the dust settled and our new currency (we would be rid of the euro) was up and running we would become a bankable country again and our trade and jobs would increase to make us a country to invest in again.
The downside-because no one has been held accountable for the position we now find ourselves in, these gangsters would come out of the woodwork sharpish to jump on the bandwagon,unhindered,again. That is why the incoming Government should do as promised and have a full and proper investigation,and charges brought against any and all who have ruined this country of ours.Comment
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