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Its all the bankers fault ------ the last refuge of the apologist for high spending and the EU.
Come on Brian, it just dont wash. The banks did make mistakes, certainly, but the politicians are the ones who really should take the blame.
The Euro has been a disaster for Ireland locking it into a currency unable to set its own interest rate/currency policies have made a bad situation worse.
I love Dublin and have had a couple of weekends there, my pic beside this was actually taken in the Old Dubliner. I would love to go back but it is so expensive, £5 for a pint of the black stuff for example. If the Irish had their own currency that would have fallen, the price of a pint would have fallen with it and a weekend away there, overall, would be a lot cheaper - I would pop over the first chance I had. One weekend from me would not be enough to rescue the Irish economy but, a lot of weekends from a lot of people...... Then there would be the impact on their exports, the whskey, black stuff, butter, cheese etc. etc....
Its the way it works, Brian - locked into the Euro they do not have that opportunity and we end up bailing them out......The Euro is a complete disaster.