Non-Tennis Discussions > News

Irish bailout $112.53 billion

<< < (2/2)


--- Quote from: monstertruck on November 29, 2010, 04:40:36 PM ---Eyes are now on Portugal & Spain to come begging for handouts.

Looks like there's a bit more 'redistribution of wealth' about to happen in The Socialist Block. ;-()

--- End quote ---

Haha I don't think so. There's no money to redistribute, unless Germans and French are suicidal.

The situation here is depressing. I don't think we'll be in the position of Ireland and Greece, but just the fact that there is a risk is deeply worrying. Of course, the main concern is our unemployment rate, which is as much as 20% and not expected to decrease for the short term.

The Government has bought some time by paying-off some nationalist parties in exchange of their legislative support, so the President can finish his term of office until 2012.

I contemplate moving out Spain.

.....and the beat goes on.

Bad news folks, you can't live on credit forever.


[0] Message Index

[*] Previous page

Go to full version