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Whats Happening To The Irish Economy (Advice Needed)

RockinRolla · 2010-11-12 17:22:00

So now that we have less than 60 days worth of money in the country and our borrowing interest rates have crept to 8% (meaning we cant get a loan), can someone explain to me what actually happens if Ireland calls it quits and files for bankruptcy... I have some money kept away in Permanent TSB along with my mother who has…

12-11-2010 5:22pm

#1

RockinRolla

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So now that we have less than 60 days worth of money in the country and our borrowing interest rates have crept to 8% (meaning we cant get a loan), can someone explain to me what actually happens if Ireland calls it quits and files for bankruptcy...

I have some money kept away in Permanent TSB along with my mother who has over 100k in investment bonds at the same establishment...if Ireland goes under - will we lose this money for several years until everything has recovered...

Is there any advice (serious replies only please) you can give me as to what I should do - I am not in the country at the moment and wont be returning until January. Should I get all my money out of the banks and hide it in the garden now that the English Cricket Board are coming in...

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#2 12-11-2010 5:26pm

krudler

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RockinRolla wrote: »

So now that we have less than 60 days worth of money in the country and our borrowing interest rates have crept to 8% (meaning we cant get a loan), can someone explain to me what actually happens if Ireland calls it quits and files for bankruptcy...
.

nationwide rocking out with our cocks out.

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#3 12-11-2010 5:26pm

drunkmonkey

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Sky is falling, grab cash and run.

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#4 12-11-2010 5:28pm

AlmightyCushion

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If you are looking for serious answers then try one of the forums under this category.
http://www.boards.ie/vbulletin/forumdisplay.php?f=857

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