Peter I like you (: (just to clarify….not in a creepy way).

Fukd good at that…

Sorry not good news we still pay the higher rate but as long as we keep saying Is feader linn in an American accent our great leader dame Enda will stand by us

“Sorry not good news we still pay the higher rate” what HIGHER rate are you refering to? the higher coupon rate we would have to offer investors in order for them to purchase Irish bonds?Ireland cannot not afford the cost of 7.957yield. John g mcgrath I think you may not really understand bond markets…then again it may be me who is missing the bigger picture either way Im sure some opinion will be shared.

Would you care to inform those of us Tom that seem to have picked the article up wrong.

Given previous comments on thejournal.ie I suspect many will see the bailout from the troika as the source of our problems. Imagine the austerity we’d have without a bailout and being unable to borrow.

Good luck with that Tom. Everyone knows we´d have 2007 levels of spending without any need for borrowing if the IMF would just leave us alone.

Party line tom…..

Tom a bailout was forced upon us,austrity is now being forced upon us, with no thought given to the damage this does to society.We are still being charged excessive rates of interest on the bailout forced on us.How is a country with a working population of 1.8 million and declining suppose to pay back these debts.

tom, yes we had to borrow money.
why did we have to bailout the banks as a precondition to borrowing for the years shortfall?

ur party is a joke. thank god people are wakin up to it.
FG my arse, Continuity FF is all yis are

Nice dream but that really would be “austerity”! You´d see everyone missing the cash from the EU and IMF then!

I wasn’t being serious Neil ;-)

However the Govt. expect to tax us more while expecting us to increase our spending to stimulate the economy !
Just where they think we are getting this money from baffles me! Where in reality, the heavier we’re taxed the less we have to spend, resulting in business closures and more job losses and continuing the growing demand on social welfare which is one of the highest costs to the state right now and for the foreseeable future. Nothing they are doings helps change this.

But this is how they expect to get us out of the mess we are in? Blind to its obvious contradiction. Ireland I see it is only one of the first for this to happen, over the next 7-8 years this will be more frequently seen throughout Europe. If I understand things correctly, leaving the Euro would hurt us more while alleviating the Euro’s stress carrying heavily indebted countries like ourselves, resulting in a quicker recovery for it.

My believe how ever it may be viewed is that all this is leading to a point where all western countries will have no alternative but to accept a new currency, issued and controlled by the World bank or some new bank, giving the large international bankers what they have sought after since the start of the last century – Uncontested control of countries and their economies. Looking at the time line of everything that’s happened over the last 50 years cant be pure coincidence or put down to simple greed or stupidity, but seems a means for it to be accepted by the public while not drawing attention to it’s underlining advancement. Then again maybe I’m just mad :)

I love how none of ‘em can answer that question

Had we not been forced to take on bank debt, our defeceit this year would be roughly half of what it is now. Had we not written whatever cheque was necessary for the banks at the ECB’s behest, the markets would not be commanding such insane interest rates and we could have borrowed on the open market. Just saying…..

Try asking a school kid in Iceland Peter.