Hopefully not the start of something much bigger, I doubt another 2007-type crash this country could survive.500 jobs lost is a massive slap for any area
And only one sector fell off a cliff back then and we saw what trouble it caused .....70 thousand of our youth exported themselves last year and were replaced by 140k foreignersHopefully not the start of something much bigger, I doubt another 2007-type crash this country could survive.
So, before the latest round of the Israel/Palestine conflict we were giving €16m this year (and every year since 2000) to Palestine. It's really disgusting how much we spend on foreign aid. Some is okay and justified, e.g. for natural disasters, but donating hundreds of millions from our annual budget it is too much. I remember around 2010 during the recession when the Government wanted to downgrade the South East Air Rescue Service to save a measly €1m per year for a service that literally saves lives. Today we still hear about underfunded or non-funded vital services, e.g. for autistic kids, while we see stories like this or the treasonous €4 billion set aside for Ukraine.He said that Ireland's assistance to Palestinians was to have been €16m this year, but this "will now almost double" with the €13m announced today.
On the subject.Hopefully not the start of something much bigger, I doubt another 2007-type crash this country could survive.
An example of a situation which is too stupid to be accidental.So, before the latest round of the Israel/Palestine conflict we were giving €16m this year (and every year since 2000) to Palestine. It's really disgusting how much we spend on foreign aid. Some is okay and justified, e.g. for natural disasters, but donating hundreds of millions from our annual budget it is too much. I remember around 2010 during the recession when the Government wanted to downgrade the South East Air Rescue Service to save a measly €1m per year for a service that literally saves lives. Today we still hear about underfunded or non-funded vital services, e.g. for autistic kids, while we see stories like this or the treasonous €4 billion set aside for Ukraine.
I don't have a clue what yiz are on about there, but the debt will continue by printing money until a loaf of bread costs 50 yoyos.On the subject.
And it's not something we have seen discussed.
Hundreds of billions of debt have accrued since 2008.
All at no or negligible interest rates.
And the debt was refinanced in a similar fashion.
That's no longer an option for Ireland Inc!
When are we coming to the consequences of this policy?
Not a peep do far.
We don't print our own money anymore .I don't have a clue what yiz are on about there, but the debt will continue by printing money until a loaf of bread costs 50 yoyos.
Partly true, partly not true. It is the ECB actually produces the notes and coins. But money is created out of nothing right here in Ireland. Every time a credit institution grants a loan, they create money out of nothing thereby expanding their balance sheet and theoretically when the principal is repaid they withdraw that money contracting their balance sheet.We don't print our own money anymore .
We don't control our finances anymore.
And simply put.
Money borrowed costs a lot more nowadays.