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[LaoPo]

flying, on 2011-01-22 12:28:53, said:

geriatrickid, on 2011-01-21 10:46:18, said:

Does anyone think the Irish public understands that they were living on borrowed money?

No more no less than the US public....same can be said for a few other countries too.

Absolutely, and 100% correct; a large part of western society has been put into the financial hospital by the ever growing greed of the combining 2 evils: Banks and Governments, allowing the financial institutions to invent more and more shady products to lure their clients to borrow, borrow and borrow, for cars, houses, holidays and unnecessary other gadgets.

Now, "we" have to endure the painful cure:....save and spend less, you idiot!

Nobody, but themselves, can blame the Irish or other nationality individuals since nobody in school or at the kitchen table taught them to save money.

Instead, everybody shouted: "I bought a new car!!" or "I bought a new house..." and the -jealous- neighbour ran to his bank also, borrowing money since he couldn't stand that this @shole of a neighbour had a new car/house and was ashamed towards his wife that he -the sucker- didn't have a new car also.
And, of course, the bank was more than happy to supply money to this no-have-money guy since someone else just dropped some money into the bank so that they were able to leverage that cash by 1 to 9 or even 1- 10 if not more....and give it to the no-have-money chap.



But: just for the record, this story is not valid for all TV members, of course not!

LaoPo

Edited by LaoPo, 2011-01-24 08:32:17.

[midas]

Englander, on 2011-01-24 08:23:38, said:

Apologies i thought you may have had a vague bit of knowledge whats been happening there, anyway your property bubble is far greater to that of the Irish ... pity as Aus used to be a nice place to visit before they got into Ponzi property games.

WOW is there any country for which you actually have a kind word to say about them ?  

Yes I had two beautiful condos in Sydney which i sold at a very handsome profit last year
thank you very much and this gives me a very lovely lifestyle here in the Land of Smiles  

Of course Ponzi or not, it still has a far superior standard of living and climate to the UK any day !

Edited by midas, 2011-01-24 15:37:57.

[midas]

aridion, on 2011-01-24 08:14:44, said:

midas, on 2011-01-23 14:41:52, said:

jalansanitwong, on 2011-01-22 10:22:57, said:

No-one has any sympathy for Ireland or Greece  because they were partying on other peoples money for  more than 10 years. The Celtic Tiger economy never existed. Its time to pay the piper  and they dont like it. Solution??? Emigrate.

No jalansanitwong - you are totally wrong !
You have swallowed the banksters propaganga hook line and sinker.
The Irish people had no say at all in what their banks did - which
was to advance money to other institutions ( certainly without the knowledge of the public )
and those institutions lost the money speculating on derivatives.

Now the tax payers are being asked / made to cover these losses !
You have to be joking   If people connected to the old IRA
are prepared to allow the citizens of Ireland to be finacially raped this
way i will be amazed- then they have lost their fighting spirit and this is worth fighting for far more than
British rule.

I dont know the full story behind other Euro countries but
i now know the truth behind the Irish situation and it is theft !

Yes the banksters should pay every dime by taking a haircut
- not the Irish public !

People connected to the Old IRA. What the hell are you on about? I, being Irish, have no connections to the IRA and don't want to ever have any connections to them.

Does that mean that I want to be financially raped? Not a chance mate. And I don't have to have affiliations to a paramilitary organisation like that to try to stand up to this.

I only suggested that because someone has to stand up for your people - anyone.

Are you saying just by me mentioning " affiliations to a paramilitary organisation " - that you find that
more offensive than Englander  who said about your fellow citizens " the Irish who voted for giving away the remainder of being able to govern its own country (aswell as that of mine) and be ruled by unelected bureaucrats did so because theyre thick as pigs shyt "   

[Englander]

midas, on 2011-01-24 15:37:08, said:

Englander, on 2011-01-24 08:23:38, said:

Apologies i thought you may have had a vague bit of knowledge whats been happening there, anyway your property bubble is far greater to that of the Irish ... pity as Aus used to be a nice place to visit before they got into Ponzi property games.

WOW is there any country for which you actually have a kind word to say about them ?  

Yes I had two beautiful condos in Sydney which i sold at a very handsome profit last year
thank you very much and this gives me a very lovely lifestyle here in the Land of Smiles  

Of course Ponzi or not, it still has a far superior standard of living and climate to the UK any day !

It is clearly a Ponzi do you think nations get rich by selling proeprty to each other at ever increasing prices?

As for your comment about Aussies having a better standard of living then in Blighty, well the under 35s that havent bought in the last 10 years and now cant afford to most certainly wont be living a high standard of life ... that and the fact someone has to work and pay for the profits youve received from your genius property investments shows that someone somewhere isnt living this dream life you talk of.

The Irish were borrowing like no other buying so called investment property on a grand scale in Ireland and all around Europe, thus taking many lifetimes earnings out of their own economy and gifting it to some shady developer in East Europe or Spain for a vastly overpriced property. Now if these arrogant idiots who have bankrupted their country had a brain theyd have invested money in creating sustainable private business in their own country thus creating jobs and benefitting future generations.

But no everyone just wants to blame banks and take absolutely no personal responsibility,  and please dont think i am singling out Aussies or Irish for this scandal the English are some of the greatest property rampers on the planet whove damaged their nation ... its just we havent gone as far as Australia or Ireland.