ANGLO - IRISH (31)
Godsgift: Just been watching the news on TV3 and the latest is they are splitting this bank which owes €72 billion in two.
This strikes me as a total overnight knee jerk reaction where nobody knows what to do so we'll do something. I'm actually starting to think that the country may actually collapse.
Does anybody know what happens after the financial base of a country collapses? I have no idea from this point on.
This strikes me as a total overnight knee jerk reaction where nobody knows what to do so we'll do something. I'm actually starting to think that the country may actually collapse.
Does anybody know what happens after the financial base of a country collapses? I have no idea from this point on.
some organisation will come in and take over , cant think of the name !!
Godsgift: Just been watching the news on TV3 and the latest is they are splitting this bank which owes €72 billion in two.
This strikes me as a total overnight knee jerk reaction where nobody knows what to do so we'll do something. I'm actually starting to think that the country may actually collapse.
Does anybody know what happens after the financial base of a country collapses? I have no idea from this point on.
This strikes me as a total overnight knee jerk reaction where nobody knows what to do so we'll do something. I'm actually starting to think that the country may actually collapse.
Does anybody know what happens after the financial base of a country collapses? I have no idea from this point on.
i was reading that we are paying an interest rate thats double what the germans are paying
its crazy
we need to close anglo down now
Godsgift: Just been watching the news on TV3 and the latest is they are splitting this bank which owes €72 billion in two.
This strikes me as a total overnight knee jerk reaction where nobody knows what to do so we'll do something. I'm actually starting to think that the country may actually collapse.
Does anybody know what happens after the financial base of a country collapses? I have no idea from this point on.
This strikes me as a total overnight knee jerk reaction where nobody knows what to do so we'll do something. I'm actually starting to think that the country may actually collapse.
Does anybody know what happens after the financial base of a country collapses? I have no idea from this point on.
It can be hard to know, but spending of all discretionary goods will collapse, so the tax take would collapse even more. Leading to more unemployment and more drains on dole money.
There would a possiblity the IMF would have to come in and you can kiss goodbye to things like social welfare, and every state assest such as the ESB and Bord Gais would have to be sold off.
Anyone with a large amount of actual cash in Euros, or assests that could be quickly liquidated might be okay.
Depressing I know
abitunlucky: It can be hard to know, but spending of all discretionary goods will collapse, so the tax take would collapse even more. Leading to more unemployment and more drains on dole money.
There would a possiblity the IMF would have to come in and you can kiss goodbye to things like social welfare, and every state assest such as the ESB and Bord Gais would have to be sold off.
Anyone with a large amount of actual cash in Euros, or assests that could be quickly liquidated might be okay. Depressing I know
There would a possiblity the IMF would have to come in and you can kiss goodbye to things like social welfare, and every state assest such as the ESB and Bord Gais would have to be sold off.
Anyone with a large amount of actual cash in Euros, or assests that could be quickly liquidated might be okay. Depressing I know
thank you !!1IMf , i couldnt think of it , i was thinking mdf lol
they wont actually take over
it would be like greece
the international banks will just dictate and tell us what we must do
it would be like greece
the international banks will just dictate and tell us what we must do
ellimere: some organisation will come in and take over , cant think of the name !!
The International Monetary Fund (IMF) takes over a country and imposes draconian spending cuts when a country goes bust, it could be happening soon in Ireand.
ellimere: thank you !!1IMf , i couldnt think of it , i was thinking mdf lol
Well at least you can make useful things out of MDF
abitunlucky: Well at least you can make useful things out of MDF
haha yep !!! nothing useful will come from the imf
Ross30: The government cutbacks implemented in the last 3 budgets will be extremely mild compated to what IMF enforced cutbacks would be like, anyway as Ireland is a member of the Eurozone the EU would provide the majority of financial assistance.
In greece the EU provided just over 70% if financial assistance and the IMF provided the rest.
I think the time has come for a national government in this country.
In greece the EU provided just over 70% if financial assistance and the IMF provided the rest.
I think the time has come for a national government in this country.
it is really time for a change ! we need to have people who know what they are doing making the decisions. our finance minister has cancer , how can he concentrate on doing his job when he is fighting his own battles ?
Ross30: The government cutbacks implemented in the last 3 budgets will be extremely mild compated to what IMF enforced cutbacks would be like, anyway as Ireland is a member of the Eurozone the EU would provide the majority of financial assistance.
In greece the EU provided just over 70% if financial assistance and the IMF provided the rest.
I think the time has come for a national government in this country.
In greece the EU provided just over 70% if financial assistance and the IMF provided the rest.
I think the time has come for a national government in this country.
I just get the feeling that the collapsing structure has passed the point of no return and can no longer be shored up like a falling chimney. 2 days ago they were asking Europe to allow them to extend the bank garuantee and now less than 48 hours later they have to do this. I have a feeling that someone else is already calling the shots. They are not steering the ship. They are just reacting and we are out of control.
ellimere: it is really time for a change ! we need to have people who know what they are doing making the decisions. our finance minister has cancer , how can he concentrate on doing his job when he is fighting his own battles ?
Most of the politicians in the Dail are economically illiterate, oh well what do we expect when as an electortate we vote for politicians who prefer to fix potholes instead of been competent in economics, Irish people don't like to vote in politicians with intelligence.
Mary Harney for finance she'd make some fairly drastic spending cuts.
Executive Board
Calendar
Board Discussions
on Ireland:
Previous:
July 7, 2010
June 15, 2009
September 14, 2007
October 5, 2005
October 29, 2004
Projected % Change
2010 2011
Real GDP -1.5 1.9
Consumer Prices -2 -0.6
Source: World Economic Outlook (April 2010)
Please refer to more recent PIN/Staff reports on this country for possible revis
You may contact us about Ireland and the IMF at IRLContact@imf.org
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Ireland and the IMF
Updated July 14, 2010
The last Article IV Executive Board Consultation was on July 07, 2010. Listed below are items related to Ireland, in reverse chronological order (you can also view items by category).
Page 1 of 7
1 2 3 4 5 6 7 Show All
July 14, 2010 -- Public Information Notice: IMF Executive Board Concludes 2010 Article IV Consultation with Ireland
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
July 14, 2010 -- IMF Survey: After Deep Slump, Nascent Recovery for Ireland
After a severe decline in late 2008 and 2009, the Irish economy has stabilized, and growth resumed in the first quarter of 2010. In an interview, Ashoka Mody, IMF mission chief for Ireland, speaks about the nascent recovery and the many challenges that still lie ahead.
July 13, 2010 -- Ireland: 2010 Article IV Consultation - Staff Report; and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 10/209
June 24, 2010 -- Ireland—Concluding Statement for the 2010 Article IV Consultation
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
May 06, 2010 -- Transcript of a press Briefing by Caroline Atkinson, Director, External relations Department, IMF
April 24, 2010 -- IMFC Statement by Mr. Jim Flaherty, Minister of Finance for C Case of Ireland
Author/Editor: Kanda, Daniel
Series: Working Paper No. 10/57
December 28, 2009 -- IMF Survey: Multi-Speed Recovery Seen for Europe
As 2009 draws to a close, IMF European Department Director Marek Belka says that what is striking about Europe is hothe October 2009 Regional Economic Outlook for Europe
July 30, 2009 -- Euro Area Policies: 2009 Article IV Consultation - Stafe Board Discussion; and Statement by the Executive Director for Member Countries
Series: Country Report No. 09/223
Series: Country Report No. 09/224
June 25, 2009 -- Transcript of a Conference Call on Ireland
June 24, 2009 -- Public Information Notice: IMF Executive Board Concludes 2009 Article IV Consultation with Ireland
Each Public Information Notice contains a backgroun
Author/Editor: Mody, Ashoka
Series: Working Paper No. 09/108
April 25, 2009 -- IMFC Statement by the Honourable Jim Flaherty,
Calendar
Board Discussions
on Ireland:
Previous:
July 7, 2010
June 15, 2009
September 14, 2007
October 5, 2005
October 29, 2004
Projected % Change
2010 2011
Real GDP -1.5 1.9
Consumer Prices -2 -0.6
Source: World Economic Outlook (April 2010)
Please refer to more recent PIN/Staff reports on this country for possible revis
You may contact us about Ireland and the IMF at IRLContact@imf.org
Free Email Notification
Receive emails when we post new items of interest to you.
Subscribe or Modify your profile
Ireland and the IMF
Updated July 14, 2010
The last Article IV Executive Board Consultation was on July 07, 2010. Listed below are items related to Ireland, in reverse chronological order (you can also view items by category).
Page 1 of 7
1 2 3 4 5 6 7 Show All
July 14, 2010 -- Public Information Notice: IMF Executive Board Concludes 2010 Article IV Consultation with Ireland
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
July 14, 2010 -- IMF Survey: After Deep Slump, Nascent Recovery for Ireland
After a severe decline in late 2008 and 2009, the Irish economy has stabilized, and growth resumed in the first quarter of 2010. In an interview, Ashoka Mody, IMF mission chief for Ireland, speaks about the nascent recovery and the many challenges that still lie ahead.
July 13, 2010 -- Ireland: 2010 Article IV Consultation - Staff Report; and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 10/209
June 24, 2010 -- Ireland—Concluding Statement for the 2010 Article IV Consultation
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
May 06, 2010 -- Transcript of a press Briefing by Caroline Atkinson, Director, External relations Department, IMF
April 24, 2010 -- IMFC Statement by Mr. Jim Flaherty, Minister of Finance for C Case of Ireland
Author/Editor: Kanda, Daniel
Series: Working Paper No. 10/57
December 28, 2009 -- IMF Survey: Multi-Speed Recovery Seen for Europe
As 2009 draws to a close, IMF European Department Director Marek Belka says that what is striking about Europe is hothe October 2009 Regional Economic Outlook for Europe
July 30, 2009 -- Euro Area Policies: 2009 Article IV Consultation - Stafe Board Discussion; and Statement by the Executive Director for Member Countries
Series: Country Report No. 09/223
Series: Country Report No. 09/224
June 25, 2009 -- Transcript of a Conference Call on Ireland
June 24, 2009 -- Public Information Notice: IMF Executive Board Concludes 2009 Article IV Consultation with Ireland
Each Public Information Notice contains a backgroun
Author/Editor: Mody, Ashoka
Series: Working Paper No. 09/108
April 25, 2009 -- IMFC Statement by the Honourable Jim Flaherty,
Executive Board
Calendar
Board Discussions
on Ireland:
Previous:
July 7, 2010
June 15, 2009
September 14, 2007
October 5, 2005
October 29, 2004
Projected % Change
2010 2011
Real GDP -1.5 1.9
Consumer Prices -2 -0.6
Source: World Economic Outlook (April 2010)
Please refer to more recent PIN/Staff reports on this country for possible revis
You may contact us about Ireland and the IMF at IRLContact@imf.org
Free Email Notification
Receive emails when we post new items of interest to you.
Subscribe or Modify your profile
Ireland and the IMF
Updated July 14, 2010
The last Article IV Executive Board Consultation was on July 07, 2010. Listed below are items related to Ireland, in reverse chronological order (you can also view items by category).
Page 1 of 7
1 2 3 4 5 6 7 Show All
July 14, 2010 -- Public Information Notice: IMF Executive Board Concludes 2010 Article IV Consultation with Ireland
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
July 14, 2010 -- IMF Survey: After Deep Slump, Nascent Recovery for Ireland
After a severe decline in late 2008 and 2009, the Irish economy has stabilized, and growth resumed in the first quarter of 2010. In an interview, Ashoka Mody, IMF mission chief for Ireland, speaks about the nascent recovery and the many challenges that still lie ahead.
July 13, 2010 -- Ireland: 2010 Article IV Consultation - Staff Report; and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 10/209
June 24, 2010 -- Ireland—Concluding Statement for the 2010 Article IV Consultation
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
May 06, 2010 -- Transcript of a press Briefing by Caroline Atkinson, Director, External relations Department, IMF
April 24, 2010 -- IMFC Statement by Mr. Jim Flaherty, Minister of Finance for C Case of Ireland
Author/Editor: Kanda, Daniel
Series: Working Paper No. 10/57
December 28, 2009 -- IMF Survey: Multi-Speed Recovery Seen for Europe
As 2009 draws to a close, IMF European Department Director Marek Belka says that what is striking about Europe is hothe October 2009 Regional Economic Outlook for Europe
July 30, 2009 -- Euro Area Policies: 2009 Article IV Consultation - Stafe Board Discussion; and Statement by the Executive Director for Member Countries
Series: Country Report No. 09/223
Series: Country Report No. 09/224
June 25, 2009 -- Transcript of a Conference Call on Ireland
June 24, 2009 -- Public Information Notice: IMF Executive Board Concludes 2009 Article IV Consultation with Ireland
Each Public Information Notice contains a backgroun
Author/Editor: Mody, Ashoka
Series: Working Paper No. 09/108
April 25, 2009 -- IMFC Statement by the Honourable Jim Flaherty,
Calendar
Board Discussions
on Ireland:
Previous:
July 7, 2010
June 15, 2009
September 14, 2007
October 5, 2005
October 29, 2004
Projected % Change
2010 2011
Real GDP -1.5 1.9
Consumer Prices -2 -0.6
Source: World Economic Outlook (April 2010)
Please refer to more recent PIN/Staff reports on this country for possible revis
You may contact us about Ireland and the IMF at IRLContact@imf.org
Free Email Notification
Receive emails when we post new items of interest to you.
Subscribe or Modify your profile
Ireland and the IMF
Updated July 14, 2010
The last Article IV Executive Board Consultation was on July 07, 2010. Listed below are items related to Ireland, in reverse chronological order (you can also view items by category).
Page 1 of 7
1 2 3 4 5 6 7 Show All
July 14, 2010 -- Public Information Notice: IMF Executive Board Concludes 2010 Article IV Consultation with Ireland
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
July 14, 2010 -- IMF Survey: After Deep Slump, Nascent Recovery for Ireland
After a severe decline in late 2008 and 2009, the Irish economy has stabilized, and growth resumed in the first quarter of 2010. In an interview, Ashoka Mody, IMF mission chief for Ireland, speaks about the nascent recovery and the many challenges that still lie ahead.
July 13, 2010 -- Ireland: 2010 Article IV Consultation - Staff Report; and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 10/209
June 24, 2010 -- Ireland—Concluding Statement for the 2010 Article IV Consultation
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
May 06, 2010 -- Transcript of a press Briefing by Caroline Atkinson, Director, External relations Department, IMF
April 24, 2010 -- IMFC Statement by Mr. Jim Flaherty, Minister of Finance for C Case of Ireland
Author/Editor: Kanda, Daniel
Series: Working Paper No. 10/57
December 28, 2009 -- IMF Survey: Multi-Speed Recovery Seen for Europe
As 2009 draws to a close, IMF European Department Director Marek Belka says that what is striking about Europe is hothe October 2009 Regional Economic Outlook for Europe
July 30, 2009 -- Euro Area Policies: 2009 Article IV Consultation - Stafe Board Discussion; and Statement by the Executive Director for Member Countries
Series: Country Report No. 09/223
Series: Country Report No. 09/224
June 25, 2009 -- Transcript of a Conference Call on Ireland
June 24, 2009 -- Public Information Notice: IMF Executive Board Concludes 2009 Article IV Consultation with Ireland
Each Public Information Notice contains a backgroun
Author/Editor: Mody, Ashoka
Series: Working Paper No. 09/108
April 25, 2009 -- IMFC Statement by the Honourable Jim Flaherty,
What is this about 
zeuss: Executive Board
Calendar
Board Discussions
on Ireland:
Previous:
July 7, 2010
June 15, 2009
September 14, 2007
October 5, 2005
October 29, 2004
Projected % Change
2010 2011
Real GDP -1.5 1.9
Consumer Prices -2 -0.6
Source: World Economic Outlook (April 2010)
Please refer to more recent PIN/Staff reports on this country for possible revisYou may contact us about Ireland and the IMF at IRLContact@imf.orgFree Email Notification
Receive emails when we post new items of interest to you.
Subscribe or Modify your profile
Ireland and the IMF
Updated July 14, 2010
The last Article IV Executive Board Consultation was on July 07, 2010. Listed below are items related to Ireland, in reverse chronological order (you can also view items by category).
Page 1 of 7
1 2 3 4 5 6 7 Show All
July 14, 2010 -- Public Information Notice: IMF Executive Board Concludes 2010 Article IV Consultation with Ireland
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
July 14, 2010 -- IMF Survey: After Deep Slump, Nascent Recovery for Ireland
After a severe decline in late 2008 and 2009, the Irish economy has stabilized, and growth resumed in the first quarter of 2010. In an interview, Ashoka Mody, IMF mission chief for Ireland, speaks about the nascent recovery and the many challenges that still lie ahead.
July 13, 2010 -- Ireland: 2010 Article IV Consultation - Staff Report; and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 10/209
June 24, 2010 -- Ireland—Concluding Statement for the 2010 Article IV Consultation
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
May 06, 2010 -- Transcript of a press Briefing by Caroline Atkinson, Director, External relations Department, IMF
April 24, 2010 -- IMFC Statement by Mr. Jim Flaherty, Minister of Finance for C Case of Ireland
Author/Editor: Kanda, Daniel
Series: Working Paper No. 10/57
December 28, 2009 -- IMF Survey: Multi-Speed Recovery Seen for Europe
As 2009 draws to a close, IMF European Department Director Marek Belka says that what is striking about Europe is hothe October 2009 Regional Economic Outlook for Europe
July 30, 2009 -- Euro Area Policies: 2009 Article IV Consultation - Stafe Board Discussion; and Statement by the Executive Director for Member Countries
Series: Country Report No. 09/223
Series: Country Report No. 09/224
June 25, 2009 -- Transcript of a Conference Call on Ireland
June 24, 2009 -- Public Information Notice: IMF Executive Board Concludes 2009 Article IV Consultation with Ireland
Each Public Information Notice contains a backgroun
Author/Editor: Mody, Ashoka
Series: Working Paper No. 09/108
April 25, 2009 -- IMFC Statement by the Honourable Jim Flaherty,
Calendar
Board Discussions
on Ireland:
Previous:
July 7, 2010
June 15, 2009
September 14, 2007
October 5, 2005
October 29, 2004
Projected % Change
2010 2011
Real GDP -1.5 1.9
Consumer Prices -2 -0.6
Source: World Economic Outlook (April 2010)
Please refer to more recent PIN/Staff reports on this country for possible revisYou may contact us about Ireland and the IMF at IRLContact@imf.orgFree Email Notification
Receive emails when we post new items of interest to you.
Subscribe or Modify your profile
Ireland and the IMF
Updated July 14, 2010
The last Article IV Executive Board Consultation was on July 07, 2010. Listed below are items related to Ireland, in reverse chronological order (you can also view items by category).
Page 1 of 7
1 2 3 4 5 6 7 Show All
July 14, 2010 -- Public Information Notice: IMF Executive Board Concludes 2010 Article IV Consultation with Ireland
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
July 14, 2010 -- IMF Survey: After Deep Slump, Nascent Recovery for Ireland
After a severe decline in late 2008 and 2009, the Irish economy has stabilized, and growth resumed in the first quarter of 2010. In an interview, Ashoka Mody, IMF mission chief for Ireland, speaks about the nascent recovery and the many challenges that still lie ahead.
July 13, 2010 -- Ireland: 2010 Article IV Consultation - Staff Report; and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 10/209
June 24, 2010 -- Ireland—Concluding Statement for the 2010 Article IV Consultation
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
May 06, 2010 -- Transcript of a press Briefing by Caroline Atkinson, Director, External relations Department, IMF
April 24, 2010 -- IMFC Statement by Mr. Jim Flaherty, Minister of Finance for C Case of Ireland
Author/Editor: Kanda, Daniel
Series: Working Paper No. 10/57
December 28, 2009 -- IMF Survey: Multi-Speed Recovery Seen for Europe
As 2009 draws to a close, IMF European Department Director Marek Belka says that what is striking about Europe is hothe October 2009 Regional Economic Outlook for Europe
July 30, 2009 -- Euro Area Policies: 2009 Article IV Consultation - Stafe Board Discussion; and Statement by the Executive Director for Member Countries
Series: Country Report No. 09/223
Series: Country Report No. 09/224
June 25, 2009 -- Transcript of a Conference Call on Ireland
June 24, 2009 -- Public Information Notice: IMF Executive Board Concludes 2009 Article IV Consultation with Ireland
Each Public Information Notice contains a backgroun
Author/Editor: Mody, Ashoka
Series: Working Paper No. 09/108
April 25, 2009 -- IMFC Statement by the Honourable Jim Flaherty,
Ross30: He's probably trying to convince us that the state isn't bankrupt, that the economy will recover etc.
Of course we are bankrupt. Between the national debt, the off balance sheet debts, the interest on all these debts and the future liabilities such as public workers pensions I can't see us having the ability to pay all these off the way things are.
As for the recovery. I can't see where it will come from.
Ross30: He's probably trying to convince us that the state isn't bankrupt, that the economy will recover etc.
I think he's an old banned poster called Skimpy Doo! He's got a few fake profiles on here. It's his kind of crap!
abitunlucky: Of course we are bankrupt. Between the national debt, the off balance sheet debts, the interest on all these debts and the future liabilities such as public workers pensions I can't see us having the ability to pay all these off the way things are.
As for the recovery. I can't see where it will come from.
As for the recovery. I can't see where it will come from.
All public sector workers should be put on defined contribution pension schemes, defined benefit pensions are completely unaffordable.
Retiremenat age should be increased to 70.
I can see welfare been slashed if the IMF come into this country same with the OAP, I wouldn't be suprised if the OAP was means tested.
At least the IMF would do some good things they would drastically reduce the public sector by at least 25% which lets be honest needs to happen. The public sector is over staffed, under worked and under performing.
All semi state companies would be privatised which I strongly support.
Ross30: All public sector workers should be put on defined contribution pension schemes, defined benefit pensions are completely unaffordable.
Retiremenat age should be increased to 70.
I can see welfare been slashed if the IMF come into this country same with the OAP, I wouldn't be suprised if the OAP was means tested.
At least the IMF would do some good things they would drastically reduce the public sector by at least 25% which lets be honest needs to happen. The public sector is over staffed, under worked and under performing.
All semi state companies would be privatised which I strongly support.
Retiremenat age should be increased to 70.
I can see welfare been slashed if the IMF come into this country same with the OAP, I wouldn't be suprised if the OAP was means tested.
At least the IMF would do some good things they would drastically reduce the public sector by at least 25% which lets be honest needs to happen. The public sector is over staffed, under worked and under performing.
All semi state companies would be privatised which I strongly support.
the civil service employs too many peeps but if they mak peeps redundant they just put more peeps on the dole
i know this isnt the populist view but the major economic institutions abroad think the government is handling the economy superbly
thats a fact folks
in particular they think NAMA was a great idea
the main gripe the OECD has is that we spend too much on social welfare
we have to cut back on social welfare somehow
i know everyone wants to blame the present government but the fact is we all got greedy
its all our faults the economy is the way it is
noone was givin out about the banks or the government when times were good
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Created: Sep 2010
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This strikes me as a total overnight knee jerk reaction where nobody knows what to do so we'll do something. I'm actually starting to think that the country may actually collapse.
Does anybody know what happens after the financial base of a country collapses? I have no idea from this point on.