Tuesday, November 16, 2010

Back to the BAD News - Ireland

Guardian: Reports the economic markets could take it badly if Ireland does not take the economic bailout from the EU. It seems that Ireland will not have a choice, it will have to take the bailout, this will be a major humiliation for the Irish, in many respects Ireland will give up its Sovereignty to the EU major powers, France and German. Also the UK will be out by seven billion pounds, but its money that has to be spent, if Ireland goes down it could send the UK in to a major recession.

No comments: