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42% of Europe’s banking crisis paid by Ireland
national |
anti-capitalism |
other press
Wednesday January 16, 2013 23:00 by fred
An article in the examiner states that 42% of Europe’s banking crisis is being paid by Ireland. Thats from a tiny population of 4 million. This is a completely ridiculous state of affairs. The Examiner penned an article putting a little pressure on the Taoiseach and his FG minions today. It claims that in real terms Ireland has shouldered 42% of the European banking crisis. Those waiting in line at soup kitchens, those surviving in negative equity and other victims of what are euphemistically referred to as "austerity measures" here and those whose businesses have collapsed as the local economy has been hollowed out through lack of bank lending and consumer spending by a cash strapped frightened public, will not be very surprised at this analysis. |
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