Thread: Irish mess
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Old 22-11-10, 12:40 PM   #8
G
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Default Re: Irish mess

Quote:
Originally Posted by Biker Biggles View Post
.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.

This has already happened... Abu Dhabi bailed out Dubai... hence the name of the Burj being changed to Khalifa or whatever it's called.

Dubai World would not afford to pay the interested on it's debt.

The whole stocks and shares stuff is a load of rubbish... if someone is making money, it means someone else has lost some. They keep building up until one of the big boys messes up, then a poo hits the fan.

It's all electronic money anyway, none of it's real... just a complete farce.
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