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What happens to Ireland if euro € collapses

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Paddy in Oz

Sceala Philosopher
Location: Melbourne






Sceala Irish Craic Forum Discussion:     What happens to Ireland if euro € collapses

The EU and the € is disintegrating. Greece has defaulted.
Ireland IMF
Portugal IMF
Greece IMF & default
Spain and Italy are bankrupt.
France up to their necks in Greece gambles.
Germans fed up with the cut back for their own reunification, are not going to bail the EU out indefinitely.
UK for now, is still getting away with pretending they are not bankrupt. Ironically sterling will be viewed for the period as a comparative safe haven, making what is left of their exports industry, even less competitive and lead to more bankrupt Business.
This is going to be a horrible cycle of mutual destruction.

What happens to Ireland if the euro fails, bonds rise or collapse.
The euro was a bad move for Ireland, so was the extended EU.
Look at these headlines, it is going to effect any recovery Ireland hoped for, all the cuts will have been in vain.
Europe faces tipping back into recession over the course of 2012, the EU's economic commissioner Olli Rehn said.
Crisis "most difficult since WW2" - Merkel
German Chancellor Angela Merkel has called for a stronger political union in Europe to overcome the debt crisis.
German Chancellor Angela Merkel has called for a stronger political union in Europe to overcome the euro zone's debt crisis, which she called "maybe Europe's most difficult hours since World War II".
I was thinking of sending some money home to invest. then I noticed this.
I know Eddie Hobbs is a fame hobbit, still
Look what he is saying, Yes it has contradictions and he is hardly breaking the news.
Eddie Hobbs - TV3 - The Euro Collapse

Irish Community Video



Just noticed that the Italian Berlusconi has resigned
What happens to Ireland if euro € collapses?

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