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  1. #11
    Senior Member Senior Member gaelic cowboy's Avatar
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    Default Re: The continuing battle against the inevitable Euro area default

    Quote Originally Posted by Adrian II View Post
    They don't 'do' grand plans anymore, they do whatever 'the markets' tell them.

    AII
    Then those market types will be mad as hell there are no Eurobonds.

    All they did was basically set up another two summits to go to.

    Oh and I nearly forgot debt ceilings never cause any crisis right hey wait a minute United States debt ceiling crisis

    It will never pass here because they cant change the constitution without referendum and anyone who tries to get one passed will be soundly kicked out the gate.

    So one of the key pieces of this agreement will be unworkable for Ireland, logically we will prob be out of the Euro within a few years.

    not before the bailout ends naturally due to the ECB wanting there money back an all
    Last edited by gaelic cowboy; 08-16-2011 at 21:07.
    They slew him with poison afaid to meet him with the steel
    a gallant son of eireann was Owen Roe o'Neill.

    Internet is a bad place for info Gaelic Cowboy

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