Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Interesting chart on debt

Comments

  • #2
    SBWife
    Registered Users, Registered Users 2 Posts: 1,287 ✭✭✭SBWife


    The number is the GROSS external debt our large financial sector (especially corporate treasury functions) has a significant effect on this number a net number would give a more accurate picture of the real situation.


  • #3
    tayto lover
    Registered Users, Registered Users 2 Posts: 53,055 ✭✭✭✭tayto lover


    I think i'll pay mine off today.


  • #4
    Dannyboy83
    Registered Users, Registered Users 2 Posts: 4,236 ✭✭✭Dannyboy83


    http://www.cso.ie/releasespublications/documents/economy/current/externaldebt.pdf

    This is more useful tbh.


  • #5
    halkar
    Registered Users, Registered Users 2 Posts: 1,374 ✭✭✭halkar


    I do not understand the foreign dept. Did the 1.4tr enter this country? If it did where is it? :D


  • #6
    nesf
    Registered Users, Registered Users 2 Posts: 27,644 ✭✭✭✭nesf


    halkar wrote: »
    I do not understand the foreign dept. Did the 1.4tr enter this country? If it did where is it? :D

    It counts things like the IFSC and the "banks" there. It hugely inflates both the inflow and outflow of funds into the country. It doesn't really affect the domestic economy other than being a nice little tax earner for the Government.


  • Advertisement
  • #7
    Permabear
    Closed Accounts Posts: 39,022 ✭✭✭✭Permabear


    This post has been deleted.


  • #8
    antoobrien
    Registered Users, Registered Users 2 Posts: 6,106 ✭✭✭antoobrien


    halkar wrote: »
    I do not understand the foreign dept. Did the 1.4tr enter this country? If it did where is it? :D

    The 1.4 trillion figure would include the debts of any company headquartered here for tax purposes. It's not Irish debt per say, but it is owed by Irish based companies.

    There would have been corporation tax paid on any profits made by the companies involved.


  • #9
    Hootanany
    Registered Users, Registered Users 2 Posts: 5,477 ✭✭✭Hootanany


    €390,969 Foreign debt per person :eek:


  • #10
    nesf
    Registered Users, Registered Users 2 Posts: 27,644 ✭✭✭✭nesf


    Hootanany wrote: »
    €390,969 Foreign debt per person :eek:

    Once you remember it contains business debt and similar it's not that freaky.


  • #11
    SBWife
    Registered Users, Registered Users 2 Posts: 1,287 ✭✭✭SBWife


    Hootanany wrote: »
    €390,969 Foreign debt per person :eek:

    Hootanany as previously mentioned on this thread that is not an indicative figure - the reasons why are clearly given above. Re-posting numbers followed by emoticons does nothing for the quality of any debate.


  • Advertisement
  • #12
    Hootanany
    Registered Users, Registered Users 2 Posts: 5,477 ✭✭✭Hootanany


    Sorry if i have offended people its just scary that is all.


  • #13
    Scofflaw
    Registered Users, Registered Users 2 Posts: 23,283 ✭✭✭✭Scofflaw


    Hootanany wrote: »
    Sorry if i have offended people its just scary that is all.

    Only in the same sense that Jupiter's gravity is scary - it's a scary thing to contemplate, but it's entirely meaningless to your daily life (and largely theoretical).

    cordially,
    Scofflaw


Advertisement