nsnbright: just remember on that recession when this country got billions bailout from EU!!!!
our country didnt get a bailout, foreign banks got the bail outs, mainly french, german and american banks, which in turn was given to unsecured bondholders who received handsome interest rates for their high risk investment bonds. its also important to note that ireland was in fact a surplus country before the crash but now is one of the most heavily indebted nation in the oecd due to these bail outs.
nsnbright: AIB is a goverment owned bank by more than 70 %
by the way from that 70 billion they spent less around 40 for the banks.And the rest?
aib is indeed part owned by the state and should have remained under complete public ownership or we should create our own state or publicly owned banking system. this would be far safer for us as we would not be as exposed from the international banking system which is highly unstable at the best of times.
I absolutely understand u but the thing is that its not about emotion or nationalism anymore,everybody belongs to something and big economic powers like germany,usa,france etc rules everything. its not working alone!
nsnbright: I absolutely understand u but the thing is that its not about emotion or nationalism anymore,everybody belongs to something and big economic powers like germany,usa,france etc rules everything. its not working alone!
absolutely, i have little or no time for things such as nationalism, building walls, even economic ones, are not the answer. we truly need to start cooperating globally or our planet and species are done. we have created these systems which are highly problematic and flawed, so its up to us to change them, we just have to want to, but it wont come easy, as those in power will not yield easily.
I`m from Budapest,the goverment over there just doing this,anyway they try,thats why they have to face the punishment from EU and EU Court which is ridiculous
nsnbright: I`m from Budapest,the goverment over there just doing this,anyway they try,thats why they have to face the punishment from EU and EU Court which is ridiculous
what kind of things are your government trying, apologies i dont know much about your country?
i completely agree with people such as yanis varoufakis, the eu is showing signs of disintegration, if this happens, we re all in trouble.
They try to stop the banks and big companies / like electricity co. / "robbing" people,stop migrants to come to EU with no controll /they built double fence at the border /,and also try to keep George Soros away from everything whos actually Hungarian born and wants to put his nose into everything!And they also want to take the right of the important decisions back from EU. So that`s why the country is facing serious penalty! It`s ridiculous,isnt it!
I just dont know what would be the best as we know almost nothing about that game playing by the government. Politicians are the same all over. They promise to build a bridge even where there is no river.
Lofty212: I said no. Even though poverty and loss of jobs sounds fun. Since that is what will happen when we lose the European market. A lot is going on at the moment with Ireland, Europe and Northern Ireland so why give our very efficient government more work on sorting this country out. I suspect the country will be sent back to the 70's or 80's Most definitely not the 90's the time were I was born and when the country was not just stable but flourishing. We were the Economic symbol of growth in Europe and developed the highest living standards in the world until the financial colapse of 2007. We were the model that showed too rapid of economic growth produced problems as spending increased and saving decreased during the "Celtic Tiger". This increased prices of all goods and services beyond the increase of wages also people took out loans they either thought they could afford or knew they couldn't and that destroyed the banking system as banks were so eager to make money and the government didn't place any structure for banks to follow. I am sure you know what happened next. Well if you all forgot we had to bail ourselves out twice to stay afloat their were ques of young and highly skilled people leaving this country because there were no jobs because no one had money and we're forced to do so. The generation before me messed me over and I will find it hard or impossible to forgive them if they make us leave the EU because we will loose out on jobs free access of persons and products to the European market. Not only will you be affecting people getting a good job here but you'd affect them abroad too as the job market will be harder to get into as freedom of movement will be taken away. Also small Irish businesses are already suffering from Brexit why make it harder for them to trade globally? Also Multinational companies are one of Ireland's biggest employers. If you want tpo know how bad it could get just look at the UK it lost £60 billion on the first day it voted BREXIT and Ireland is a delicate economy. I love my country so please don't hurt it. So hear me out. If you read all of this and kept an open mind I would be very grateful. Just please be respectful if you don't agree with my opinion that is backed up by information and examples to real world problems that we could face of we go it alone. Slán.
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