Friday, October 1, 2010

Waiting for a collapse?

The State of Ireland seems to be in a sharp decline, as this week they bought up another failing bank and upped the expected bill of the other financial entities they bought in the past year to over €50 BILLION. Of course this is an insane amount of money that the government does not have, and, since they are taking out so much in loans, the interest rates on those loans are getting higher and higher.
There is even speculation that they will have to go to the IMF to get some cash, and those loans come with strings attached.
Here in Ireland people are calling for the heads of Dáil members to be put on pikes around the city, as a warring for those who will fill their seats next.
Wednesday of this week a man driving a cement truck with the phrase "Toxic Bank Anglo" painted on the side ran up to the gates of the parliament. Many people that day called him a hero.

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