Ireland In Crisis

While the government claims our "Fiscal Debt" is under control and on track, our overall debt is increasing at a rate of knots. This rate of debt is unsustainable and future generations will pay dearly for it. The government is unwilling or unable to implement the real changes that will get us out of this situation. They cannot tackle the public sector with real conviction or upset their rich friends so all that's left is the unemployed, disabled, children and pensioners. 

How long more will the"Troika", Central Bank and the financial markets keep financing us? When will they reach the end and begin to shred the "PIGS" of the EU.

Countries seem to awaiting some sort of financial miracle to appear and cure all woes. If they persist with their present economic policies nothing will change. Austerity will reign for the foreseeable future. 

  

The Finance Dublin Debt Clock of Ireland ticks on still

 http://www.financedublin.com/debtclock.php

See the Republic of Ireland's national debt mount up, a measure of the legacy the Irish Government is in the process of bequeathing to the children of Ireland:

€ 138,319,870,807

Ireland's national debt (NTMA definition - above) as a percentage of 2012 GDP* (on the left, below), and as a percentage of 2012 GNP* (on the right) :

GDP	GNP
84.6215646%	106.9362269%