The National Debt Clock

[Wakeupcall]

That was six days ago.

Now seventy eight billion is just another number in the rear view mirror.

FinanceDublin.com - Irish Debt Clock

At least some graphs are showing positive growth

[hammer]

We need a National Debt Clock that includes all the Special Purpose Vehicles

Maybe have 2 or 3 clocks adding up at the same time.

[SirCharles]

The wealtier the country became the more depts the state made.
In conclusion the best way to get rid of depts is absolute poverty.

[libertarian-right]

The wealtier the country became the more depts the state made.
In conclusion the best way to get rid of depts is absolute poverty.

That's what is boils down to SirCharles. Quality of life will be affected. How will pensions look like in 20,30 years time? Anyone below 50 should be angry, very angry for whats happening.

If Fianna Fail brought in measures to reduce the deficit within 2 years, they would fail. It is best for them to prolong the agony until the pain is too much. The real pain wont be felt for a good while yet. For the majority anyway.

[SirCharles]

That's what is boils down to SirCharles. Quality of life will be affected. How will pensions look like in 20,30 years time? Anyone below 50 should be angry, very angry for whats happening.

If Fianna Fail brought in measures to reduce the deficit within 2 years, they would fail. It is best for them to prolong the agony until the pain is too much. The real pain wont be felt for a good while yet. For the majority anyway.

I'm afraid, yeah.

[He3]

seventy nine thousand million deep shortly

FinanceDublin.com - Irish Debt Clock

'The FINANCE DUBLIN Irish Government Debt Clock was set at midnight on June 30th 2009, when it was €65.278 billion. It updates the latest figures for the National Debt of Ireland. The clock is re-set periodically, to reflect changes in debt and deficit estimates from the Dept of Finance, the National Treasury Management Agency (NTMA), and indepenent economists. '

[tomred]

lets default

[Urmentor]

So in terms of percentages how fast is it increasing per day?

[Cassandra Syndrome]

So in terms of percentages how fast is it increasing per day?

It goes up by the amount of treaury bond auctions. There has already been 10 Billion of bonds raised this year.

Plus we have 30 Billion worth of debt in commercial paper which is short term government debt.

[libertarian-right]

Brian "Party first, country last" Cowen
Mary "Educate and Emigrate" Coughlan
Mary "FAS Trips" Harney
Brian "We have turned a corner" Lenihan
Bertie "Lehman Brothers" Ahern
Willie "Brothel Busting" O'Dea
Dermot "Holy Moly" Ahern
Frank "40 Houses" Fahy
Noel "I'm on a holiday, f**k off" Dempsey
John "Planet Bertie" Gormley
John "Spare No Expense" O'Donoghue
Trevor "Garda Mishaps" Sargeant
Paul "Spinning Around" Gogarthy

The clowns of 2007-2011.