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Breaking***Ireland Bond Interest rates hitting 6.95%. Economy close to collapse...

 
Getting Out soon...
User ID: 1112869
Ireland
09/28/2010 08:00 AM
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Breaking***Ireland Bond Interest rates hitting 6.95%. Economy close to collapse...
At 7%, Ireland will not be able to pay the interest back on these. Ireland is selling its debt in exchange for bonds and the interest rate being charged is rising daily.

Next step now is the European Bailout Fund to dip into its billions to help Ireland out. Its game over for Ireland economically, in 3-6 months, I guarantee.

IMF will come in and wipe out the rest of the welfare state, causing mass emigration, mass unemployment (14% already) and economic slavery for the people for about 30 years at least.
Anonymous Coward
User ID: 1112877
Ireland
09/28/2010 08:05 AM
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Re: Breaking***Ireland Bond Interest rates hitting 6.95%. Economy close to collapse...
got a link to the live prices there mate?
Anonymous Coward (OP)
User ID: 1112869
Ireland
09/28/2010 08:07 AM
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Re: Breaking***Ireland Bond Interest rates hitting 6.95%. Economy close to collapse...
[link to www.irishtimes.com]

Not sure on live prices, perhaps someone can help? This was earlier, they've gone higher since.
Anonymous Coward
User ID: 1112877
Ireland
09/28/2010 08:10 AM
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Re: Breaking***Ireland Bond Interest rates hitting 6.95%. Economy close to collapse...
irish forum

[link to www.politics.ie]
Anonymous Coward (OP)
User ID: 1112869
Ireland
09/28/2010 08:13 AM
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Re: Breaking***Ireland Bond Interest rates hitting 6.95%. Economy close to collapse...
The establishment is using nonsensical economic jargon to suggest all this is 'manageable'. But it really isn't. You know when a zombie bank like Anglo Irish causes the Euro to drop in value, the ripples are becoming like waves. Soon a tsunami will engulf us.
Anonymous Coward
User ID: 566027
Netherlands
09/28/2010 08:13 AM
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Re: Breaking***Ireland Bond Interest rates hitting 6.95%. Economy close to collapse...
 Quoting: Anonymous Coward 1112877


Not sounding good. Thanks for the link.
Anonymous Coward
User ID: 1110808
Canada
09/28/2010 08:14 AM
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Re: Breaking***Ireland Bond Interest rates hitting 6.95%. Economy close to collapse...
Tis the luck of the Irish.
Traveler

User ID: 1101797
United States
09/28/2010 08:15 AM
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Re: Breaking***Ireland Bond Interest rates hitting 6.95%. Economy close to collapse...
Thank you for sharing.

We are right behind you. It has not come apart here to the extent that it will due to the dollar being the world's currency. But that is changing, quickly.

A question if I may. Is the economy really bad already? Do you see it going the way of Greece?
Anonymous Coward (OP)
User ID: 1112869
Ireland
09/28/2010 08:16 AM
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Re: Breaking***Ireland Bond Interest rates hitting 6.95%. Economy close to collapse...
irish forum

[link to www.politics.ie]


Not sounding good. Thanks for the link.
 Quoting: Anonymous Coward 566027

Its a great forum for politics, and you'll get an idea how Irish people feel about it. Most of sheeple have no choice but to keep below the parapet while all this goes on.
Pentothal
User ID: 1089208
United Kingdom
09/28/2010 08:16 AM
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Re: Breaking***Ireland Bond Interest rates hitting 6.95%. Economy close to collapse...
Here is a chart of Irish bond prices. It has 1Day to 5Year and Year to date resolultions.

[link to www.bloomberg.com]
Anonymous Coward
User ID: 1112887
United States
09/28/2010 08:16 AM
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Re: Breaking***Ireland Bond Interest rates hitting 6.95%. Economy close to collapse...
SET A PRECEDENT.
TELL THE BANKSTERS TO GO FUCK THEMSELVES.
ARREST ANY INTERNATIONAL BANKER IN IRELAND,
AND HOLD THEM HOSTAGE.

DEFAULT. DEFAULT. DEFAULT.

ANNOUNCE YOU'RE GOING ON GOLD STANDARD.

RENOUNCE SOCIALISM.

ADOPT TRUE FREE MARKET CAPITALISM.

IF THE PEOPLE PROVE THEY'RE UP TO THE TASK, AND ARE
WILLING TO GET OFF THE TIT AND WORK,

MONEY WILL POUR INTO IRELAND.
Anonymous Coward
User ID: 1112753
Germany
09/28/2010 08:21 AM
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Re: Breaking***Ireland Bond Interest rates hitting 6.95%. Economy close to collapse...
Ah, good ol' irish doom.

Charts:

[link to www.bloomberg.com]
Anonymous Coward
User ID: 1112810
United Kingdom
09/28/2010 08:23 AM
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Re: Breaking***Ireland Bond Interest rates hitting 6.95%. Economy close to collapse...
Tis the luck of the Irish.
 Quoting: Anonymous Coward 1110808



rofl
Anonymous Coward
User ID: 1035843
Austria
09/28/2010 08:30 AM
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Re: Breaking***Ireland Bond Interest rates hitting 6.95%. Economy close to collapse...


RENOUNCE SOCIALISM.

ADOPT TRUE FREE MARKET CAPITALISM.



MONEY WILL POUR INTO IRELAND.

 Quoting: Anonymous Coward 1112887



oh yes....this would help.....

putin
Anonymous Coward
User ID: 1112887
United States
09/28/2010 08:43 AM
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Re: Breaking***Ireland Bond Interest rates hitting 6.95%. Economy close to collapse...


RENOUNCE SOCIALISM.

ADOPT TRUE FREE MARKET CAPITALISM.



MONEY WILL POUR INTO IRELAND.




oh yes....this would help.....

putin
 Quoting: Anonymous Coward 1035843


I swear the lazy commie rat bastard socialists of
Europe (and America has an entire class of "people"
just as bad, who should have been returned in 1865 from whence they came) don't get it.

The WELFARE STATE is DEAD!

The engine is not going to pull the freeloaders
ANYMORE.

Why should ANYONE in their right mind want to go
off to work everyday and bust their ass for some
son of a bitch who's too fucking lazy to get out
of bed?

And now you have to support a whole family of worthless scum
and then hope they let you keep a few crumbs for your
own family?
BULLSHIT.

DEADBEATS TO DOGFOOD
The Knowing.
User ID: 1112913
Australia
09/28/2010 08:46 AM
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Re: Breaking***Ireland Bond Interest rates hitting 6.95%. Economy close to collapse...
Ireland will fall=fail. Next Portugal and Spain ... then Italy and Greece again.

The EuroZone will quake but by then all the states like California will be handing out IOU's like fairy floss in a wind storm.

Our world as we know it is on the brink of a vast change, the likes of which have never before been witnessed.

If you can deny this, you are a born again ferrel living in a wonderland of illusion.

Come along Twenty 12-13 the Planet will be rid of it's latest "greatest" Empire.

I confidently predict.

TK.
BRIEF AND TO THE POINT

User ID: 381742
United States
09/28/2010 08:46 AM
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Re: Breaking***Ireland Bond Interest rates hitting 6.95%. Economy close to collapse...
Potato republic...
Poor people do poor people things, and rich people do rich people things.

You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.

What one person receives without working for, another person must work for without receiving.

The government cannot give to anybody anything that the government does not first take from somebody else.

When half of the people get the idea that they do not have to work because the other half is going to take care of them, and the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is the beginning of the end of any nation.

You cannot multiply wealth by dividing it!

when you rob Paul to give to Peter ... ... ... you will always get Peters support!

:Brieffromnativea:
JoeNeubarth

User ID: 1072693
United States
09/28/2010 08:54 AM
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Re: Breaking***Ireland Bond Interest rates hitting 6.95%. Economy close to collapse...
Ireland will fall=fail. Next Portugal and Spain ... then Italy and Greece again.

The EuroZone will quake but by then all the states like California will be handing out IOU's like fairy floss in a wind storm.

Our world as we know it is on the brink of a vast change, the likes of which have never before been witnessed.

If you can deny this, you are a born again ferrel living in a wonderland of illusion.

Come along Twenty 12-13 the Planet will be rid of it's latest "greatest" Empire.

I confidently predict.

TK.
 Quoting: The Knowing. 1112913

We are falling into a Global Depression. That is certain. It will just take a year or more to be accomplished. The US economy is going slowly down and down and down. All of the Trillions of US government spending is not creating any jobs.

It is just slowly disintegrating.
1st Place in Novel Sales for 6 yrs!
[link to www.mobipocket.com]
Anonymous Coward
User ID: 977055
United States
09/28/2010 08:57 AM
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Re: Breaking***Ireland Bond Interest rates hitting 6.95%. Economy close to collapse...
Ireland will fall=fail. Next Portugal and Spain ... then Italy and Greece again.

The EuroZone will quake but by then all the states like California will be handing out IOU's like fairy floss in a wind storm.

Our world as we know it is on the brink of a vast change, the likes of which have never before been witnessed.

If you can deny this, you are a born again ferrel living in a wonderland of illusion.

Come along Twenty 12-13 the Planet will be rid of it's latest "greatest" Empire.

I confidently predict.

TK.

We are falling into a Global Depression. That is certain. It will just take a year or more to be accomplished. The US economy is going slowly down and down and down. All of the Trillions of US government spending is not creating any jobs.

It is just slowly disintegrating.
 Quoting: JoeNeubarth

Today's economy is truly "global".
That means all the bailout money Congress voted yes on has effectively been pissed away and is gone.
Now they need more but don't have the balls to say anything until after the election in November.
Anonymous Coward
User ID: 907535
United States
09/28/2010 08:57 AM
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Re: Breaking***Ireland Bond Interest rates hitting 6.95%. Economy close to collapse...
Even leprechauns can't save them now.......
Anonymous Coward
User ID: 904454
United States
09/28/2010 08:59 AM
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Re: Breaking***Ireland Bond Interest rates hitting 6.95%. Economy close to collapse...
LOOKS LIKE THE CELTIC TIGER HAS GONE ROUND AND ROUND WITH LITTLE BLACK SAMBO AND COME UP WANTING. otrike
Ice Princess

User ID: 875198
United States
09/28/2010 09:06 AM
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Re: Breaking***Ireland Bond Interest rates hitting 6.95%. Economy close to collapse...
Consequences will never be the same.
Anonymous Coward
User ID: 1112887
United States
09/28/2010 09:11 AM
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Re: Breaking***Ireland Bond Interest rates hitting 6.95%. Economy close to collapse...
LOOKS LIKE THE CELTIC TIGER HAS GONE ROUND AND ROUND WITH LITTLE BLACK SAMBO AND COME UP WANTING. otrike
 Quoting: Anonymous Coward 904454


The Tar Babies have got their revenge for slavery.
Put every last one of them in houses they couldn't afford.
Hell, most of them would be on the street if the taxpayers
didn't subsidize their rent payments.

But they can sure party hardy.

Pleasure, booze, food, drugs first, then anything left
over can pay bills, MAYBE.

They fucking collapsed the housing industry, and the ENTIRE
FUCKING GLOBE is still reeling from that fiasco.

How can we get ourselves out of this mess?

Put one in the White House.

Yeah, that's the ticket.

Western Civilization is committing suicide.

Get a front row seat.

Bring your own popcorn.
Secondthoughts
User ID: 1112939
Ireland
09/28/2010 09:17 AM
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Re: Breaking***Ireland Bond Interest rates hitting 6.95%. Economy close to collapse...
Yeah better bring your own popcorn because were gonna be fresh out of that stuff too.

Not a bad time to rape the banks for about ten thousand and fuck off to india? Surely my money will go a lot further over there
Anonymous Coward
User ID: 1110733
United States
09/28/2010 09:23 AM
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Re: Breaking***Ireland Bond Interest rates hitting 6.95%. Economy close to collapse...
Ah, good ol' irish doom.

Charts:

[link to www.bloomberg.com]
 Quoting: Anonymous Coward 1112753


Wow. Check the multi year rates. The rate has exceeded the high point set during the thick of the crisis. I would guess this will also be our fate when the FED stops printing money.
Anonymous Coward
User ID: 995473
Canada
09/28/2010 09:26 AM
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Re: Breaking***Ireland Bond Interest rates hitting 6.95%. Economy close to collapse...


RENOUNCE SOCIALISM.

ADOPT TRUE FREE MARKET CAPITALISM.



MONEY WILL POUR INTO IRELAND.




oh yes....this would help.....

putin


I swear the lazy commie rat bastard socialists of
Europe (and America has an entire class of "people"
just as bad, who should have been returned in 1865 from whence they came) don't get it.

The WELFARE STATE is DEAD!

The engine is not going to pull the freeloaders
ANYMORE.

Why should ANYONE in their right mind want to go
off to work everyday and bust their ass for some
son of a bitch who's too fucking lazy to get out
of bed?

And now you have to support a whole family of worthless scum
and then hope they let you keep a few crumbs for your
own family?
BULLSHIT.

DEADBEATS TO DOGFOOD
 Quoting: Anonymous Coward 1112887

Tell that to the bankers in the us and eur who are the worst at accepting a handout
Anonymous Coward
User ID: 1107716
United States
09/28/2010 09:28 AM
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Re: Breaking***Ireland Bond Interest rates hitting 6.95%. Economy close to collapse...
Ireland will be find. Its the useless eating scum that makes their living off of the fruits the Irish produce. Sure some can't take care of themselves but once the government collapse the extra money around from not paying 'taxes' will make it easy to take care of those people.

BARTER & TRADE like the good ole' days

Just make sure you have some silver around to trade with in the beginning, while the govt. breaks away and a new currency develops. It will make trade go that much more smoothly.

Never let the government or the media fool you into thinking 'your' going to collapse when your the one thats working!

Those be lies.

The people have the skills, the people do the work, and the people will be fine.
FreedomSheep

User ID: 1112872
France
09/28/2010 09:33 AM
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Re: Breaking***Ireland Bond Interest rates hitting 6.95%. Economy close to collapse...
They voted yes for the Lisbon treaty now they gonna sink with the EU.


Anonymous Coward
User ID: 783199
United Kingdom
09/28/2010 09:41 AM
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Re: Breaking***Ireland Bond Interest rates hitting 6.95%. Economy close to collapse...
Yeah better bring your own popcorn because were gonna be fresh out of that stuff too.

Not a bad time to rape the banks for about ten thousand and fuck off to india? Surely my money will go a lot further over there
 Quoting: Secondthoughts 1112939

Thats if the banks will lend based on no collateral.


However i am in business at present with 3 companies all irish based and they are holding onto big payments...Enough to hurt and destroy me if i dont get them soonish..They are all doing big projects for good rich big clients here in the UK..TESCOS and big retail and hotel groups...How bad is it their cos im getting very worried and have stopped work on two sites already untill i get paid.
He Might Be Right?

User ID: 1094132
Canada
09/28/2010 09:46 AM
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Re: Breaking***Ireland Bond Interest rates hitting 6.95%. Economy close to collapse...


RENOUNCE SOCIALISM.

ADOPT TRUE FREE MARKET CAPITALISM.



MONEY WILL POUR INTO IRELAND.




oh yes....this would help.....

putin


I swear the lazy commie rat bastard socialists of
Europe (and America has an entire class of "people"
just as bad, who should have been returned in 1865 from whence they came) don't get it.

The WELFARE STATE is DEAD!

The engine is not going to pull the freeloaders
ANYMORE.

Why should ANYONE in their right mind want to go
off to work everyday and bust their ass for some
son of a bitch who's too fucking lazy to get out
of bed?

And now you have to support a whole family of worthless scum
and then hope they let you keep a few crumbs for your
own family?
BULLSHIT.

DEADBEATS TO DOGFOOD
 Quoting: Anonymous Coward 1112887

so is this your theme song?......

Anonymous Coward
User ID: 1109297
Canada
09/28/2010 09:49 AM
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Re: Breaking***Ireland Bond Interest rates hitting 6.95%. Economy close to collapse...
SET A PRECEDENT.
TELL THE BANKSTERS TO GO FUCK THEMSELVES.
ARREST ANY INTERNATIONAL BANKER IN IRELAND,
AND HOLD THEM HOSTAGE.

DEFAULT. DEFAULT. DEFAULT.
 Quoting: Anonymous Coward 1112887


Great idea - they should.

ANNOUNCE YOU'RE GOING ON GOLD STANDARD.
 Quoting: Anonymous Coward 1112887


Er, no. The gold standard would bring the same problems that Ireland is currently having under the Euro.

RENOUNCE SOCIALISM.

ADOPT TRUE FREE MARKET CAPITALISM.

IF THE PEOPLE PROVE THEY'RE UP TO THE TASK, AND ARE
WILLING TO GET OFF THE TIT AND WORK,

MONEY WILL POUR INTO IRELAND.

 Quoting: Anonymous Coward 1112887


That's what got them into trouble in the first place. Guess you don't remember way back in 2007 when Ireland was 'an economic miracle' after having adopted such policies? Anything that enables money to pour in freely also enables it to pour out just as freely, leading to instability.

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