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‘Ah, but where will we get the money if we vote NO?’
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opinion/analysis
Saturday April 14, 2012 12:02 by O.O'C. - People's Movement post at people dot ie 25 Shanowen Crescent, Dublin 9 087- 230 8330
Peoples Movement campaigns: against any measures that further develop the EU into a federal state; and to defend and enhance popular sovereignty, democracy and social justice in Ireland. 1. Even if we don't ratify the EU Permanent Austerity Treaty on My 31st and we can't access the ESM, we are small but important for the EU financial system and so funds will be found elsewhere outside the ESM structures to lend to us. This would certainly be the case if such assistance was in the words of the ESM; indispensable to safeguard the financial stability of the euro area as a whole. Remember ‘contagion!’ |
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Jump To Comment: 1or we could stop paying all this money out on zombie bank debt. Quite a lot to be saved there. EU have already given us a lot of money. They'll get none back if we default. They want their money back so they won't. Its just a poker play knowing our stupid government ministers don't know how to play poker.
Print punts, threaten default, exit from EU (triggering collapse of market??), to sell our nice food to Iran and syria, venezuela, china. Kick out shell and deal with the russians and chinese for our gas and oil and some loans. There ya go.
Iceland got out of it. We can too. But we must play hardball and be prepared for the consequences if our so called euro "friends" decide to punish us. (as if they hadn't already!)