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Thread: How much will the National Debt grow in the next two years?

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    Default How much will the National Debt grow in the next two years?

    With the initiative by the government to effectively under wright our banking system how much will our national debt have to grow to pay for it all?
    Fianna Fail will allow the Irish People, to me milked like Milch Cows, by the CIF through high house prices, rents, and land prices, at the expense of competitiveness,and quality of life. FF+CIF=1

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    Default Re: How much will the National Debt grow in the next two years?

    Quote Originally Posted by mairteenpak
    With the initiative by the government to effectively under wright our banking system how much will our national debt have to grow to pay for it all?
    A gegillion pengus.
    Liquidate labour, liquidate stocks, liquidate the farmers, liquidate real estate.

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    Default Re: How much will the National Debt grow in the next two years?

    Over the next three years? Somewhere between 15 and 40 billion. Given the spectacular braindead incompetence of the drooling freakshow in charge, expect it to be well towards the higher end of that.
    Je suis un loo-lah

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    Default Re: How much will the National Debt grow in the next two years?

    12.756 over Libor or 13.324 over the CYUOUNT

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    Default Re: How much will the National Debt grow in the next two years?

    Do we envisage a situation whereby the state picks up billions of debt from our banks while:

    1 The Shareholders keep their ownership stake
    2 Executives keep their massive pay packets and bonuses
    3 Employees keep their cheap mortgages and fat salaries
    4 The share price rises on the back of improved profitability


    Bruton cannot stand by while this is allowed

    The Failing Banks must forfeit ownership in return for replacement of their capital by the State. Failing banks must become state owned
    Fianna Fail will allow the Irish People, to me milked like Milch Cows, by the CIF through high house prices, rents, and land prices, at the expense of competitiveness,and quality of life. FF+CIF=1

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    Politics.ie Newbie junketman's Avatar
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    Default Re: How much will the National Debt grow in the next two years?

    If we do nothing, 20 billion...

    If we do something, 10 billion...

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    Politics.ie Member ruserious's Avatar
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    Default

    Quote Originally Posted by junketman View Post
    If we do nothing, 20 billion...

    If we do something, 10 billion...


    Ahh to be back in 2008.
    Boycott the "Irish" Sun rag.

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    Default The Debt - Theatrical Trailer

    I know it's been a long time since this question has been asked but RTE have now compiled a technical analysis of the situation and have tried to explain it in layman's terms in this excellent documentary. Despite all the shameful and unwarranted criticisms directed at RTE from politics.ie I cannot fault them on this superb piece of work.

    [ame=http://www.youtube.com/watch?v=XhyRpvgm03g]YouTube - The Blob (1958) - Theatrical Trailer[/ame]

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