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Thread: We're at junk status: irish bonds touch 7%

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    Politics.ie Member antiestablishmentarian's Avatar
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    Default We're at junk status: irish bonds touch 7%

    David McWilliams has just posted this on twitter

    Irish bond yields touching 7%, 6.99% actually. Once they break 7, its curtains
    17 minutes ago via web
    So it seems the IMF 'package' will be tapped in the coming future.
    David McWilliams (davidmcw) on Twitter
    http://www.politicalworld.org/
    'Our goal is to conquer state power for the Irish working class' Pat Rabitte, 1987

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    Politics.ie Member controller's Avatar
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    ooooh crap
    Dear Lord Baby Jesus, I want to thank you for Pink Floyd

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    Politics.ie Member spotty's Avatar
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    I shed a tear for my country.
    Spotty. A pimple on the arse of politics.

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    The IMF have been mentioned an awful lot in the last few weeks.
    Is there a Fianna Fail scorched earth policy at play?

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    Fiscal sovereignty has died. RIP.

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    I refer you all to my signature...

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    McWilliams on Newstalk now.

    the Fianna Fools will let the IMF make the tough decisions for them it looks like.
    We have turned the corner.I commend this Budget to the House. Brian Lenihan, 9 December 2009

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    Politics.ie Member antiestablishmentarian's Avatar
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    Quote Originally Posted by charley View Post
    The IMF have been mentioned an awful lot in the last few weeks.
    Is there a Fianna Fail scorched earth policy at play?
    No: they will let the default go ahead under the other crowd then try and oppose IMF imposed cuts and attacks in a cynical bid to get re-elected in the next 5-10 years.
    http://www.politicalworld.org/
    'Our goal is to conquer state power for the Irish working class' Pat Rabitte, 1987

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    The IMF will kill us.
    “The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.” - Friedrich A. Hayek

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    Politics.ie Member ne0ica's Avatar
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    Our bonds are not at 'junk status'. Some people around here seem to be enjoying, even getting great pleasure out of Irelands economic crisis.

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