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Should people starting perparing for a default

  • 04-08-2011 10:50PM
    #1
    ilovesleep
    Closed Accounts Posts: 3,619 ✭✭✭


    The euro is on the verge of collaspe. Big news at politics.ie

    Are people perparing for a default? By buying tinned foods, candles, camping gas, blankets, vitamins, what ever else you can think of here.


«13

Comments

  • #2
    CommuterIE
    Closed Accounts Posts: 462 ✭✭CommuterIE


    ilovesleep wrote: »
    The euro is on the verge of collaspe. Big news at politics.ie

    Are people perparing for a default? By buying tinned foods, candles, camping gas, blankets, vitamins, what ever else you can think of here.

    The Euro won't collapse, this country will however, only a matter of time before we declare default. The government know this, they are just waiting to use the IMF as an excuse for savage austerity


  • #3
    easyeason3
    Closed Accounts Posts: 3,102 ✭✭✭easyeason3


    I don't know what a default will mean so therefore I can't be worried about something I know nothing about.


    BTW whatever happened the pimple on your arse?


  • #4
    My name is URL
    Registered Users, Registered Users 2 Posts: 25,626 ✭✭✭✭My name is URL


    CommuterIE wrote: »
    The Euro won't collapse

    It will.. I'd put my negative equity on it.


  • #5
    wild_cat
    Closed Accounts Posts: 1,291 ✭✭✭wild_cat


    ilovesleep wrote: »
    The euro is on the verge of collaspe. Big news at politics.ie


    They yell apocalypse over there a few times a day and it never happens.


  • #6
    AnamGlas
    Registered Users, Registered Users 2 Posts: 593 ✭✭✭AnamGlas


    Can anyone give me a quick definition of default?


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  • #7
    wild_cat
    Closed Accounts Posts: 1,291 ✭✭✭wild_cat


    easyeason3 wrote: »
    I don't know what a default will mean so therefore I can't be worried about something I know nothing about.


    BTW whatever happened the pimple on your arse?

    Google Argentina and collapse.


  • #8
    xoxyx
    Registered Users, Registered Users 2 Posts: 1,811 ✭✭✭xoxyx


    My name is URL wrote: »
    It will.. I'd put my negative equity on it.

    I'll see your negative equity, and raise it with all the savings that I don't have.


  • #9
    [Deleted User]
    Posts: 26,920 ✭✭✭✭ [Deleted User]


    A default what though?

    generally my default response to these threads are, "oh … great"


  • #10
    Biggins
    Banned (with Prison Access) Posts: 34,567 ✭✭✭✭Biggins


    I have four walls, a roof and me weapons - come and get me ya North Koreans!
    You'll get my Euro over my dead body - and ya can keep your ruddy swans too!


  • #11
    Mint Sauce
    Registered Users, Registered Users 2 Posts: 29,293 ✭✭✭✭Mint Sauce


    I'm checking under the mattress to see if I still have all those Punts I was saving for a rainy day.


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  • #12
    Biggins
    Banned (with Prison Access) Posts: 34,567 ✭✭✭✭Biggins


    irish-stew wrote: »
    I'm checking under the mattress to see if I still have all those Punts I was saving for a rainy day.
    Must be a big bed.
    What are ya doing with Venice boats under your bed for gawds sake! :eek:


  • #13
    CommuterIE
    Closed Accounts Posts: 462 ✭✭CommuterIE


    AnamGlas wrote: »
    Can anyone give me a quick definition of default?

    Jesus ****ing Christ!!! Default is when you cannot pay your debt! So you renege on a payment or several... anyone in AH know even basic Junior Cert Business Studies??!?


  • #14
    strokemyclover
    Closed Accounts Posts: 1,198 ✭✭✭strokemyclover


    Not yet, the EU is "safe" for another 2 years at least....then we jump ship and join China. I wonder what Boards will be like then?


  • #15
    Absurdum
    Closed Accounts Posts: 4,444 ✭✭✭Absurdum


    I sleep on a bed of Swiss Francs :ohh yeah:


  • #16
    Biggins
    Banned (with Prison Access) Posts: 34,567 ✭✭✭✭Biggins


    AnamGlas wrote: »
    Can anyone give me a quick definition of default?
    Its default of Fianna Fail that we in this mess greatly!


  • #17
    CommuterIE
    Closed Accounts Posts: 462 ✭✭CommuterIE


    strokemyclover wrote: »
    Not yet, the EU is "safe" for another 2 years at least....then we jump ship and join China. I wonder what Boards will be like then?

    Heh, restricted to the admins only :P


  • #18
    W.Shakes-Beer
    Closed Accounts Posts: 2,975 ✭✭✭W.Shakes-Beer


    Absurdum wrote: »
    I sleep on a bed of Swiss Francs :ohh yeah:

    Is Swiss Frank rough on yer arse?


  • #19
    easyeason3
    Closed Accounts Posts: 3,102 ✭✭✭easyeason3


    CommuterIE wrote: »
    Jesus ****ing Christ!!! Default is when you cannot pay your debt! So you renege on a payment or several... anyone in AH know even basic Junior Cert Business Studies??!?


    He asked a question that many people, including myself, don't know the full impact of what a default means.

    There's no need to be dick about it.


  • #20
    Absurdum
    Closed Accounts Posts: 4,444 ✭✭✭Absurdum


    W.Shakes-Beer wrote: »
    Is Swiss Frank rough on yer arse?

    not as bad as Swiss Toni was


  • #21
    ilovesleep
    Closed Accounts Posts: 3,619 ✭✭✭ilovesleep


    Mr.S wrote: »
    So its just me that's noticed everyone getting jobs around me, people starting to have money again etc?

    Seriously, since about June any one I know that has actively looked for a job, has got one. pfff. If everyone stopped sitting around moaning and being scared about the recession/Ireland being broke etc we'd all be better off.
    Italy is going down the pan. This is a european problem that has feck all to do with rare job openings


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  • #22
    sollar
    Closed Accounts Posts: 2,007 ✭✭✭sollar


    I'm looking at Jean Claude Trichet on Sky News and he looks mighty pale.


  • #23
    phasers
    Registered Users, Registered Users 2 Posts: 18,159 ✭✭✭✭phasers


    So what will actually happen if Ireland defaults? I honestly don't understand.


  • #24
    Crazy Horse 6
    Closed Accounts Posts: 2,474 ✭✭✭Crazy Horse 6


    Mr.S wrote: »
    So its just me that's noticed everyone getting jobs around me, people starting to have money again etc?

    Seriously, since about June any one I know that has actively looked for a job, has got one. pfff. If everyone stopped sitting around moaning and being scared about the recession/Ireland being broke etc we'd all be better off.
    It's just you


  • #25
    Crazy Horse 6
    Closed Accounts Posts: 2,474 ✭✭✭Crazy Horse 6


    phasers wrote: »
    So what will actually happen if Ireland defaults? I honestly don't understand.
    Well that money you have in the bank that's guarenteed :pac:


  • #26
    phasers
    Registered Users, Registered Users 2 Posts: 18,159 ✭✭✭✭phasers


    Crazy Horse 6 wrote: »
    Well that money you have in the bank that's guarenteed :pac:
    So my €2.40 is safe?


  • #27
    Mint Sauce
    Registered Users, Registered Users 2 Posts: 29,293 ✭✭✭✭Mint Sauce


    Crazy Horse 6 wrote: »
    Well that money you have in the bank that's guarenteed :pac:

    But it will be worth shag all.

    ;)


  • #28
    Richard Hillman
    Registered Users, Registered Users 2 Posts: 12,033 ✭✭✭✭Richard Hillman


    Dont cash in your gold just yet


  • #29
    phasers
    Registered Users, Registered Users 2 Posts: 18,159 ✭✭✭✭phasers


    irish-stew wrote: »
    But it will be worth shag all.

    ;)
    This is the main part I don't understand. I don't trade on international markets, I buy milk in aldi. How can the money just become worthless?


  • #30
    joshrogan
    Registered Users, Registered Users 2 Posts: 855 ✭✭✭joshrogan


    phasers wrote: »
    So what will actually happen if Ireland defaults? I honestly don't understand.

    All the electricity/gas will be cut off, no more imports/exports and we'll be sold off in a big brother style TV show where camera's are set up at various locations around the country for the amusement of other nations. Each week they vote to kill off one county until finally 2 are pitted against eachother in an all out primetime TV battle to the death, the winners will be given Ireland and our debt will have been wiped clean for the last county to rebuild from the ground up.


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  • #31
    J. Marston
    Registered Users, Registered Users 2 Posts: 23,408 ✭✭✭✭J. Marston


    CommuterIE wrote: »
    Jesus ****ing Christ!!! Default is when you cannot pay your debt! So you renege on a payment or several... anyone in AH know even basic Junior Cert Business Studies??!?

    Relax.

    Jesus.....


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