BBC News: Reports that the Irish Government will spend 10 billion Euros more to beef up its banking system, in total Ireland will spend 74 Billion pounds. This has lead a major Credit Agency to downgrade the CREDIT for Ireland. Lets be honest folks, sooner or later Europe has to go through a really Great Depression 11, all the debts have to be known, major cuts in the welfare state of Europe will have to be started from London to cover the whole of the EU. The nightmare is not over folks, there is more pain to come, the tax payer bailed out the banks, its time to pay the costs, the bankers will be laughing all the way with their fat bonus.
No comments:
Post a Comment