UKC

Because according to everyone's favourite doomsayer, things are just going to get worse and worse...

http://www.bbc.co.uk/blogs/thereporters/robertpeston/2011/03/the_unbelievab...

The Eurozone (and us) aren't of the woods yet, not by a long way.

In reply to Rob Exile Ward:

Feck!

In reply to Rob Exile Ward:

Giving so much money to the Irish was like keeping a kid on a constant diet of chocolate. However pleasurable, sooner or later, a horrible, sticky mess was going to be regurgitated.

Mick (as Irish as a sod of turf)

In reply to Rob Exile Ward:

wow,

how lucky we can be by fates alone

nearly went back there eight years ago after having a small period without job here

haveing made my mind up to retrun with GF and kids, i get a call offering a job from interview 6 months previous where i came seccond as they lad suddenly walked out

so glad i took that job and stayed here

poor feckers though

germans allways did want to own ireland anyway (for the holidays) guess they do now

In reply to Rob Exile Ward: What would be the implications for the rest of us if Ireland chose to default on its loans (I know sod all, but a skim read of the comments seems to suggest this is a real possibility)?

In reply to Daithi O Murachu:

Shat annoys me is the developers, financial and political classes responsible for the mess have yet to be brought to justice.

In reply to Shani:

Nepotism is their friend.

"However, to date Ireland's banks have only properly owned up to the losses on the property developments.

On Thursday for the first time they'll be forced to admit that they also face colossal losses on residential mortgages."

Is covering up like this not illegal (not to mention immoral, unprofessional and so on)? Do bankers have any professional standards, or are they genuinely just charlatans?

In reply to Daithi O Murachu:


Nonsense, its much warmer in their other colonies, Greece, Spain and Portugal. If they put towels over the chairs in Cork or Dublin (not sun-loungers, we are talking about Ireland), they would be soaked in minutes.

In reply to Shani:
financial and political classes, justice?

christ its ireland no chance

it will be all black market and cash in hand again now for decades

In reply to Simon4:

no its not nonsence, they wanted it for fishing mostly

In reply to Daithi O Murachu:


Don't they own Iceland as well? Much better fishing there.

Of course all these colonies will get a bit pricey in the end.

Who would you like to spend an evening drinking with, an Irish person or a German? The Irish, any time.

Who would you rather have repair your bathroom or car? Er, come in Hans.

In reply to toad:

various UK banks have a fair amount tied up there. The help provided was handy for several banks throughout Europe, although not so much the Irish people.