Sure it's only 3 and a half billion...

[Pseudonym17]

http://www.rte.ie/news/2011/1101/finance.html

I know we're a laid back lot but this is a bit fkin ridiculous!

Apologies if a repost

[EDLT]

Every cloud has a silver lining st accountant.

[thinfourth2]

never has there been a truer headline

[Odhran]

I suppose this is like finding a £20 note in your jeans pocket only on a larger scale lol

[Heliosphan]

Perhaps they should have another look. They might find more and reduce the debt even further.

[V88Dicky]

Odhran said:

I suppose this is like finding a £20 note in your jeans pocket when you've been declared bankrupt, only on a larger scale lol

Fixed that for you

[Pseudonym17]

Last week we were told that due to the budget deficit of 3.6 billion (very coincidental) we have to make spending cuts/increase tax's again. Now this has come to light we apparently still have to go ahead with the cuts, can a smarter man than me explain that to me please? Thanks



(Edit for bad speeling)

[Puggit]

Pseudonym17 said:

Last week we were told that due to the budget deficit of 3.6 billion (very coincidental) we have to make spending cuts/increase tax's again. Now this has come to light we apparently still have to go ahead with the cuts, can a smarter man than me explain that to me please? Thanks

Sure - you're in a lot more st than €3.5bn worth.

You owe us £7bn for a start

[Pseudonym17]

Puggit said:

Sure - you're in a lot more st than €3.5bn worth.

You owe us £7bn for a start

Actually i owe you nothing Half my wages are gone with all the fancy new taxes and levies so you'll excuse me if I don't feel like paying anymore

Come on man we're trying!

[Pesty]

Puggit said:

Sure - you're in a lot more st than €3.5bn worth.

You owe us £7bn for a start

No we're in a lot more st. We borrowed that £7bn to give to them.

[Puggit]

Pesty said:

Puggit said:

Sure - you're in a lot more st than €3.5bn worth.

You owe us £7bn for a start

No we're in a lot more st. We borrowed that £7bn to give to them.

At a better interest rate then they are paying us...

[Steffan]

It is a moot point who is actually worse off with all this international cross borrowing.

The winners are easier to identify.

These are the retired bankers living on government backed inflation proof pensions and their pals the retired politicians living on government backed inflation proof pensions. In Villas on warm safe foreign islands given to them as part of their retirement bonuses.

You could not make it up.

[Johnboy Mac]

Pseudonym17 said:

http://www.rte.ie/news/2011/1101/finance.html

I know we're a laid back lot but this is a bit fkin ridiculous!

Apologies if a repost

Nothing suprises me, absolutely nothing. Between the morons we have in government (no matter from what party) to the other morons in the civil service.

Actually, fook this I'm going back to motoring threads.

[AJS-]

It sounds like the sort of excuse I would make for buying a new car.

[0a]

Blimey, this and the news Germany just found 55 billion Euros.

http://www.bbc.co.uk/news/business-15503097

Could the solution to the Euro crisis be down the back of YOUR sofa?

Just ask likely as the solution existing in my opinion...

[AJS-]

This is bullst. An attempt to boost sentiment and hide inflation. They didn't "find" this after spotting an accounting error, they just printed it and lied.

[Eric Mc]

So which is the lie - the original figures or the new figures.

The Irish are making a massive effort to sort their position out - unlike some other countries who don't seem to really care.