what if euro goes bust

eaglej13

with all the talk and the uncertainty what do u think will happen in Ireland if the euro goes wallop., will it be punt or sterling, what happens the banks etc

bigjoe

Please use the search. It is not that long since this was discussed.

ThinkAboutIt

In short - don't worry, it won't happen.

KindOfIrish

eaglej13 wrote: »

with all the talk and the uncertainty what do u think will happen in Ireland if the euro goes wallop., will it be punt or sterling, what happens the banks etc

I'm afraid, it's Ireland goes wallop first, not euro :cool:

irishh_bob

ireland wont be the cause of the euro going bust and we wont leave or be made leave either , any referendum put to us on staying in will romp home

the euro will fall if germany decide it isnt worth keeping , they will have to ask themselves which is worse

1 = bailing out the broke ass other countries
2 = let the euro fail and see thier exports suffer off the back of huge appreciation of the DM


they also like the idea of being the big boss in europe so thier is pride at stake

Tora Bora

irishh_bob wrote: »

ireland wont be the cause of the euro going bust and we wont leave or be made leave either , any referendum put to us on staying in will romp home

I wouldn't put my house on that!! The Irish people's collective view of Europe has taken a battering in the past few years.
Ditto, it's view of and faith in our own domestic political apparatus. Look back over the past number of referenduum!!! Governments have failed to get the people to blindly sign along the dotted line in Nice 1, and in two of the recent referenduum.
There are many, many, many, unemployed, financially bust voters in this country right now, who are feeling more than a bit rebellious. They don't have a whole lot to lose (as they see it), if the euro or our membership of it fell apart. If you have nothing (job or money), and little prospect of attaining either one, then governments have to think very long and very hard before the ask for your vote for ANYHING they might want approval for.

Why do you think, Enda and the boys, are procrastinating as they are, before they allow a referendum on the euro crisis rseolution plans, being concocted by Merkozy?
Michael Noonan has said it in public a number of times "the last thing the government wants is a referendum on this issue".

irishh_bob

Tora Bora wrote: »

I wouldn't put my house on that!! The Irish people's collective view of Europe has taken a battering in the past few years.
Ditto, it's view of and faith in our own domestic political apparatus. Look back over the past number of referenduum!!! Governments have failed to get the people to blindly sign along the dotted line in Nice 1, and in two of the recent referenduum.
There are many, many, many, unemployed, financially bust voters in this country right now, who are feeling more than a bit rebellious. They don't have a whole lot to lose (as they see it), if the euro or our membership of it fell apart. If you have nothing (job or money), and little prospect of attaining either one, then governments have to think very long and very hard before the ask for your vote for ANYHING they might want approval for.

Why do you think, Enda and the boys, are procrastinating as they are, before they allow a referendum on the euro crisis rseolution plans, being concocted by Merkozy?
Michael Noonan has said it in public a number of times "the last thing the government wants is a referendum on this issue".

several large voting blocs will ensure it passes

1 . public sector workers know that a euro exit would see thier wages slashed
2. wellfare recipents , particulary pensioners know thier benefits would be slashed
3 . mortgage holders know that interest rates under a return to the punt would soar

money trumps nationalism nowadays , the result will be a landslide YES

later12

irishh_bob wrote: »

money trumps nationalism nowadays , the result will be a landslide YES

Bloody right too. Ever pay for your groceries in Dunnes Stores with the line "Because I'm Irish"?

Our economy is the closest thing we can get to a unifying expression of ourselves in a social sense; we should have far more allegiance to our economy than to the nation state. It is in the economy that we plant the seeds of equality and social justice; so it is our economy's survival that should concern us far greater than any vague and meaningless sense of nationality.

touts

eaglej13 wrote: »

with all the talk and the uncertainty what do u think will happen in Ireland if the euro goes wallop., will it be punt or sterling, what happens the banks etc

Google Argentina 2001. Or just do a search here as there is a long thread somewhere on exactly this subject.