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Irish Economy still on course for complete collapse.

Dublin 4

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Save me all the work again :D
 

Myles O'Reilly

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I'm not going to pretend to be all that literate when it comes to economics but I read today that Irish people borrowed 2.1 billion euro on new cars over the last 12 months with the average loan over 20 grand. That seems a staggering amount to me for a small Country.
 

Saul Goodman

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I'm not going to pretend to be all that literate when it comes to economics but I read today that Irish people borrowed 2.1 billion euro on new cars over the last 12 months with the average loan over 20 grand. That seems a staggering amount to me for a small Country.
we are borrowing more each week now than at the peak time of the collapse
 

Wolf

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Ireland has more than 50bn euro to mature over the next 4 years.

Borrow more of the ol credit card, ECB magic?

God help us should the world economy tank again.
If Ireland was a business it would be declared insolvent and continuing to trade would be breaking the law....
 

@graceland.com

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we are borrowing more each week now than at the peak time of the collapse
People are like lemmings
Every 7 years they jump.of a cliff
Then repeat again and again
But it will be different t this time
We have Leo, failed health minister
We have Simon failed house minister
We have the leprechaun in the park
We have the witch in the dial,
Would you trust these people with a bag of carrots
 
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