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Why is Ireland`s National Debt Clock almost as high as Poland`s?

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Comments

  • #52
    dr.fuzzenstein
    Banned (with Prison Access) Posts: 16,620 ✭✭✭✭dr.fuzzenstein


    realitykeeper wrote: »
    The housing crisis was the result of the Bolschivicization of the building sector. Bring back unmanipulated capitalism and the problems in the housing market will sort themselves out.

    OK, so light touch or no regulation that would for example allow banks to give away money like sweets.
    I think that worked great last time.


  • #53
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    Is it because Ireland's debt clock includes our external debt? All cash on deposit in Irish banks would be included in that debt figure as it is technically money that is owed, which makes Ireland's external debt figure appear like a big scary number.


  • #54
    Victor
    Registered Users, Registered Users 2 Posts: 78,495 ✭✭✭✭Victor


    Deleted User wrote: »
    Is it because Ireland's debt clock includes our external debt? All cash on deposit in Irish banks would be included in that debt figure as it is technically money that is owed, which makes Ireland's external debt figure appear like a big scary number.
    We're talking about government debt.


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