Irish economy troubles on BBC Radio 4 now...

As widely expected, so no surprises when it happens this week .. Portugal is now under pressure and expected to accept €80 billion EU bailout.

Its even more interesting to compare the member countries, against how much they put in and what they get out.. Oirish lot, you've got fecking much more from being in the EU than you've ever contibuted into it.

There's a campaign running by one newspaper to get Britain out of Europe and the billions we shall save. There is life outside of the Eurozone so ignore those oiks who say we can't !. I for one cannot wait for the day Cameron tells Merkel and Sarkozy to poke the Euro and Eu into a tax haven where the sun don't shine :D


One thing is for sure, Euro money countries such as Germany, France, Italy can survive but its showing us that these 'weaker' others cannot. Either Euro becomes a two tier currency or it shall implode, sometime this year, I expect and the its going.. sooner rather than later !.
 
the celt said:
You did not answer the question...
But will tell you this...
looking at the dates of the next goverment taking
office and the next financial quarter both here and
the rest of europe... "The Ides of March"
looks very likely for meltdown...
Click to expand...


You read it first here :augie:augie:augie
Four days for new goverment to open FF Pandora's box
 
With friends like this who needs.....

from Financial Times



Brian Cowen, the prime minister, was forced into calling early elections on Thursday, to resign as party leader on Saturday, all after winning a confidence vote from his parliamentary party on Tuesday. His discredited leadership had been challenged after undisclosed meetings with Sean FitzPatrick, the banker at the heart of the financial crisis, came to light. What followed was utterly cynical.

Six members of the cabinet resigned and Mr Cowen tried to give an electoral leg-up to lesser-known Fianna Fáil MPs with scattergun offers of ministerial portfolios. This reshuffle – and eventually the government itself – was scuttled by the party’s Green coalition partners, leaving Fianna Fáil in meltdown and mutiny.

These factional antics, as Ireland faces arguably the worst crisis in its history as an independent nation, could turn the expected Fianna Fáil rout at the polls into electoral annihilation.

That may be richly deserved. This is, after all, the party that through its cronyism and incompetence artificially prolonged the boom of the 1990s into the credit and property bubble of the past decade, and then gave a blanket guarantee to its banker friends that has ended in the humiliation of Ireland becoming a ward of the European Central Bank and the International Monetary Fund.



does anybody else remember those
pink pages from the Times
that where always left
behind on the tube years ago...
 
the celt said:
With friends like this who needs.....

from Financial Times

Brian Cowen, the prime minister, was forced into calling early elections on Thursday, to resign as party leader on Saturday, all after winning a confidence vote from his parliamentary party on Tuesday. His discredited leadership had been challenged after undisclosed meetings with Sean FitzPatrick, the banker at the heart of the financial crisis, came to light. What followed was utterly cynical.

Six members of the cabinet resigned and Mr Cowen tried to give an electoral leg-up to lesser-known Fianna Fáil MPs with scattergun offers of ministerial portfolios. This reshuffle – and eventually the government itself – was scuttled by the party’s Green coalition partners, leaving Fianna Fáil in meltdown and mutiny.

These factional antics, as Ireland faces arguably the worst crisis in its history as an independent nation, could turn the expected Fianna Fáil rout at the polls into electoral annihilation.

That may be richly deserved. This is, after all, the party that through its cronyism and incompetence artificially prolonged the boom of the 1990s into the credit and property bubble of the past decade, and then gave a blanket guarantee to its banker friends that has ended in the humiliation of Ireland becoming a ward of the European Central Bank and the International Monetary Fund.


...........................
Click to expand...

What annoys me about that is its veracity
 
RAM-man said:
Bank of Ireland (BKIR) shares may be worth a very long term punt .. 3 for 1€ :augie
Click to expand...

BOI is a good bank.
We have to many banks but the goverments dont have the know how to wind them all down, in the end there will be BOI and AIB (AIB are the ones who wrote off Haugh'y overdraft) the rest will be gone.
 
patzx12 said:
BOI is a good bank.
We have to many banks but the goverments dont have the know how to wind them all down, in the end there will be BOI and AIB (AIB are the ones who wrote off Haugh'y overdraft) the rest will be gone.
Click to expand...

A 'tier 1' financial stress test shall sort that out :D

Have some LLoyds and thats exposed to Ireland and making its share price along on its arse at the present, but if as they say they do *not* need to get more handout support and give govt more % share of the bank itself, then at just 30 €cents then worth a punt.
 
Bikes ? UK?

May i ask what this thread has to do with bikes and what it has to do with a UK Gs site?
 
Kaister said:
nothing and everything

if you have to ask, you don't understand
Click to expand...

I understand perfectly well. It still doesn't answer the question, what does it have to do with a bike site based in the UK. It has nothing to do with bikes or the UK!

Perhaps a discussion on the chinese economy should be considered as it pobably has more impact on UK bikers.
 
if you took all the non bike stuff off this site there would be tumbleweeds blowing past.

I quite enjoy reading informed opinion from people I respect anyway:thumb2
 
But politics?

turnipbmw said:
if you took all the non bike stuff off this site there would be tumbleweeds blowing past.

I quite enjoy reading informed opinion from people I respect anyway:thumb2
Click to expand...

But Politics?

Divisive and bugger all to do with a GS.

I use my GS to get away from that sort of shite. What is the connection?
 
davyg said:
But Politics?

Divisive and bugger all to do with a GS.

I use my GS to get away from that sort of shite. What is the connection?
Click to expand...

Discussion and debate....................my friend:thumb

This site is about so much more, than a GS............it's a about everything - religion/politics/relationships/sexual orientation/economics/pets/housebuilding/jobs and careers/travelling/camping and much,much more

If you just want a GS only site, there are a few around - but they're terminably dull:blast

Just because some people have an interest in a GS, is merely coincidence:D

The diversity of this site.....................is the best thing about it
 
Just when you thought it was bad for the Oyrish they've only gonna got two out of sync androids to represent 'em in the Eurovision Song Contest :D

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Irish bonds now given junk status rating.

Bank of Ireland (BKIR) now in rights issue, options :rolleyes: cash in and take a hit :( with a €15 admin fee in the process, or accept the rights issue and swap 5 current BKIR shares for 18 'new' BKIR shares ... seems I shall get 5846 shares in the rights issue and am going along for the ride.
 
Nippy Normans supply Touratech, Wunderlich, Desert Fox and many other makes of accessories.
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