Thread: Irish mess
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Old 22-11-10, 12:07 PM   #4
Biker Biggles
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Default Re: Irish mess

Ireland is just the next domino to go.Spain and Portugal look like being next,but the whole edifice will collapse eventually as nearly all the western economies are technically bankrupt and no amount of bailing out can cover that up for ever.
We bailed out the banks last year and the year before.We are now bailing out smaller countries.Who will bail out the bigger countries next year and the year after that?China?Maybe some of the oil rich middle eastern countries?
Either way there will be a price tag and it wont just be a monetary one.
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