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Thread: Exchequer may be running out of willing creditors

  1. #81
    Politics.ie Regular nonpartyboy's Avatar
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    After all them cabinet meetings surely they have some idea of whats going on,i can only think they want to get the euro/locals and lisbon out of the way before the real slash and burn of govt expenditure.
    Joe Soap says enough is enough...............

  2. #82
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    Quote Originally Posted by bluefish View Post
    I think its time time to beg forgiveness of the Brits and ask for Ireland to be returned to UK control, clearly we cant manage ourselves.

    Let the Brits pay our debts!
    Britain is more screwed than we are, they are printing money to pay their bills f.f.s. Give them another year, and you'll see what kind of state they'll be in.
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  3. #83
    Politics.ie Member Digout's Avatar
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    Has anybody been able to find the official reason the Irish numbers are "confidential" in the eurostat report?

  4. #84
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    Quote Originally Posted by Digout View Post
    Has anybody been able to find the official reason the Irish numbers are "confidential" in the eurostat report?
    Hazarding a guess, but may it be that they are released qtrly, so they are waiting for March's data.


    Christ I hardly believe that myself, and I typed it.

    Can the figures have been so bad that they do not want to release them, there are a lot of very serious declines, can we be worse than Lativa's 11 %
    Last edited by Eorna; 22nd April 2009 at 09:45 AM.
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  5. #85
    Politics.ie Regular Gimpanzee's Avatar
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    Quote Originally Posted by cavok View Post
    Kerry, If you think thats bad take a scan through these docs...

    http://epp.eurostat.ec.europa.eu/pls...2009-EN-AP.PDF

    Welcome to Ireland FF Inc

    The data for Jan 09 and Feb 09 are impressive... arent they?
    That is probably the most frightening thing I have seen in months.

  6. #86
    Politics.ie Member Digout's Avatar
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    Quote Originally Posted by Eorna View Post
    Hazarding a guess, but may it be that they are released qtrly, so they are waiting for March's data.


    Christ I hardly believe that myself, and I typed it.

    Can the figures have been so bad that they do not want to release them, there are a lot of very serious declines, can we be worse than Lativa's 11 %
    The report about activity from Jan to Feb, seems very odd. Media still ignoring all of this also...

  7. #87
    Politics.ie Member Digout's Avatar
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    There is an option for "data not available", so they would just use this if they were waiting for quarterly data?

  8. #88
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    Quote Originally Posted by Digout View Post
    There is an option for "data not available", so they would just use this if they were waiting for quarterly data?
    good point. The state is surely going to have to release the data this month for the first Qtr. Who is going to buy bonds if there is no data to base decisions upon. Its a conundrum indeed.
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  9. #89
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    There's a new blog post about the missing figures, with the hope that someone will explain why they weren't released. Thanks Cavok.

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  10. #90
    Politics.ie Regular Partizan's Avatar
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    Quote Originally Posted by Irish Liberty Forum View Post
    There's a new blog post about the missing figures, with the hope that someone will explain why they weren't released. Thanks Cavok.
    I think we can hazard a guess as to why the figures were not released. The figures are very bad and the government do not want to frighten away potential bond holders. Their bluff will be called sooner rather than later as the figures must be released soon for the 1st Quarter.

    Whats happening here is given the less than satisfactory uptaking of the bonds, Biffo is hoping to hold out until November or December, after the locals/ Euros and Lisbon in order to impose the slash & burn budget.

    You can take it to the bank (no pun intended) that he will not be able to hold out until then and we could very well see another budget come September.

    Thats my 2 cents. Either way we are screwed. The Gardai and army could very well be on the streets by either Xmas or early 2010.

    What is worrying is that to many people, the ball hasnt dropped yet. All the talk about a soft landing from Uncle Bert will be shown up.....its a hard, hard fall from 28,000 feet.

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