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26-06-2019, 07:22   #61
ILoveYourVibes
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HELLO!
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26-06-2019, 13:58   #62
Fuaranach
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I'd just like to sneer at all those peasants left in After Hours. After Hours is so last week that every time I post there even my posts leave for here.
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29-06-2019, 10:26   #63
 
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I'd just like to sneer at all those peasants left in After Hours. After Hours is so last week that every time I post there even my posts leave for here.
In about three months it will be retro cool.
Y'all be clamouring to get back in.
Heard it here first.
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14-07-2019, 19:15   #64
ToddyDoody
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Is this where all the cool people are?
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15-07-2019, 20:33   #65
notobtuse
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Is this where all the cool people are?
I think this is where all the banished people have coagulated.
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14-08-2019, 19:53   #66
john why
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R
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24-08-2019, 17:11   #67
Overheal
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But at least we can all agree the Romans never did anything for us, correct?
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29-08-2019, 17:45   #68
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But at least we can all agree the Romans never did anything for us, correct?
Well, they destroyed Carthage so they have that going for them
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30-08-2019, 09:01   #69
Deebles McBeebles
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R
....TE?
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26-09-2019, 22:25   #70
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I read recently that we pay something like €5 billion on debt servicing per annum - can someone tell me where that €5bn ends up? As in, whose pockets it ends up in.
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27-09-2019, 02:04   #71
gozunda
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I read recently that we pay something like €5 billion on debt servicing per annum - can someone tell me where that €5bn ends up? As in, whose pockets it ends up in.
Frau Merkel's....
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27-09-2019, 09:10   #72
Seth Brundle
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I read recently that we pay something like €5 billion on debt servicing per annum - can someone tell me where that €5bn ends up? As in, whose pockets it ends up in.
We (via the NTMA) borrow money every year to pay for running the country. These are bought as either long term bonds (for long term financing) or short term bonds (for general cash flow).
The majority of government bonds are held by overseas traders but much of it is held within the country.
There is a cost to issuing these bonds!

https://assets.gov.ie/4274/111218115...49111eff54.pdf - see pg 19 fig 14
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27-09-2019, 20:57   #73
Junkyard Tom
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So the €14 million per day interest on government debt goes to bond holders?
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27-09-2019, 21:11   #74
Permabear II
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So the €14 million per day interest on government debt goes to bond holders?
Approximately €130 billion of Irish government debt is owed to bondholders. In addition, the government owes about €40 billion in EU loans, €4 billion in a UK bilateral loan, €17 billion to investors in state savings schemes, and €11 billion in other short-, medium-, and long-term debt.
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