Thread: Irish mess
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Old 22-11-10, 06:31 PM   #25
ravingdavis
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Default Re: Irish mess

Quote:
Originally Posted by davepreston View Post
as for the q would ni go under too, simply no , tbh ni would be in great times for a few years as prises down south would drop like a brick and everyone would nip over the boarder to get the cheap stuff, but this wouldnt overly effect the ni ecomony as its a export driven one (to far east and china) boats industrial goods etc
Quote:
Originally Posted by BBC News
The Northern Ireland economy would certainly be ducking for cover. It is estimated that around 40% of exports from the North go south.
I cant help but think you are wrong there dp. The NI economy is heavily reliant on the Southern economy and would be in for dire straits indeed if things across the boarder collapsed. Also, the last thing NI needs is it's populace nipping across the boarder for cheap stuff as that would hammer domestic demand... the bread and butter for any modern economy.
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