The economic crisis and Ireland Some questions and answersQuicklink submitted by John Smith Permalink
|The tens of billions of debt that has tipped this state over the edge, and caused us to be blacklisted by international markets and subjected to the rule of the EU and IMF, is not our debt. It is not debt created by expenditure on schools or hospitals or roads; it is not debt the state amassed for serving its citizens: it is the debt of a tiny number of individual developers, financiers and their political sponsors--the Golden Circle--that has been socialised and imposed on taxpayers and on future generations of our people.|
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