Sunday, Dec 21, 2008
Change the C to an R to make Ireland
Times Online: Banks to get €7bn lifeline
So much for the celtic tiger.
Posted by jackas @ 01:25 AM (485 views) Add Comment
7 Comments
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1. beartil2010 said...
I can't post against the Jaguar comments bits - I was going to say, 'The world might be a much better place if you could not buy a car with money you borrowed, but only with money that you actualy had'. Same with houses.
Anyway, Celtic Tiget is in the sh*te now. Question is when is the euro going to start to lose value, it's overvalued and varies constituent elements are performing very badly. Even the german economy is showing cracks. Is it just the least-worst currency at the moment?
2. Neo-serf said...
This sums is up beatifully:
http://uk.youtube.com/watch?v=sLGygoQQnzs&feature=channel_page
3. uncle tom said...
To put some perspective on the scale of this, there are only 4m people in the Republic, just one fifteenth of the UK population..
4. fjcruiser said...
Euro is doomed.
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