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    Social Justice Ireland: 700,000 people are living in poverty

    Well go and explain it then. I'm listening.
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    Social Justice Ireland: 700,000 people are living in poverty

    And what about todays Irish Times article. [broken link removed] Quote: "It revealed the poorest 10 per cent of households have an average disposable income of €210 a week, compared to an average of €2,276 a week for the richest 10 per cent." Well if you are in that top 10% bracket earning...
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    Referendum on EU budget deal

    What is the rate on the ESFS fund ? If it is around 3.5% then it is in our favour to vote through this referendum and use this mechanism to get as much morney as possible through, and pay off as much as possible of these Promissory notes (which are what , 8.4%?) and other larger loans. On the...
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    Why can't NAMA sell some of it s foreign assets to reduce our Debt?

    Can you explain the first part, what developments are they undertaking? Is it this classification where they are Class I up to IV ? Either way it still doesn't justify why NAMA should hold onto some properties/loans (whatever you want to call them) in the hope of making a bigger profit down...
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    Why can't NAMA sell some of it s foreign assets to reduce our Debt?

    Fair enough - but surely these loans can also be sold on to a third party without affecting the borrower. Isn't that what happened in the setup of NAMA ?
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    Why can't NAMA sell some of it s foreign assets to reduce our Debt?

    All of the talk in the recent days of the proposed sale of the family jewels in the form of ESB, Coillte etc. is slightly bewildering. I presume the reason given to sell these assets is that capital is required to balance books etc. However I can't understand why NAMA at this stage cannot do...
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    Iceland - 4 years after €85bn default

    I don't think they have no comprehension of the problem. I think the problem is that their hands are tied.
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    Disability Allowance declined - What Next

    Hi - how are stamps calculated for Illness benefit ? Is there a formula that works out what you are entitled to and for how long ?
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    Referendum a golden opportunity for debt forgiveness

    Was watching Vincent Browne last night. They were discussing in detail some documentation (I don't know if it's draft or not) regarding the upcoming Treaty. Does anyone have a link to this documentation or is it open to the general public ? Because a few points raised by Vincent last night...
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    What is the cost of the Anglo and INBS Promissory Notes?

    Yes according to this article they are giving us a cheap loan. However there are several important questions to be answered here as per this account (which is an opinion piece mind – and nothing else). Is this loan legal under ECB rules? If it is then why is the interest rate a secret...
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    Referendum a golden opportunity for debt forgiveness

    Heroin, cocaine, etc - these Drugs are illegal in Law. The products sold by the banking system were not so you can’t really make this comparison. This is true however I seem to remember certain disagreements between the IMF and the EU over this bailout fund. Wasn't one that that the IMF were...
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    Can the ECB devalue the Euro?

    Is massive QE the answer? Watching VB last night and the regular economist on his panel Constantin Gurgdiev argued that QE was not the answer. He seemed to claim that it would not make the debt go away and is only a temporary solution. I.E. kick he ball down the road again. And that the markets...
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    Opinion: what's going to unfold in the next 3 years

    Very interesting article in todays IT w.r.t where it's all heading with the EU. According to this it seems that Germany wants (a) a tax on financial transactions (ala something ONQ is talking about forever) (b) there may be a two-tier EU with different legislative powers Britian are against...
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    Opinion: what's going to unfold in the next 3 years

    The Euro will no longer be in existence. The ECB will refrain from going down the road of massive quantatitive easing as the realisation becomes clearer to all involved that it is fundamentally useless in the political arena that Europe currently exists in. It would only lead to giving weak...
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    Greek debt write-off -What about us?

    Based on the above question and the chaos it has thrown into the markets regards the whole Euro situation should our Government as a representative of it's people hold back on paying out the money owed to these Unguaranteed Bondholders until all this with Greece unravells and is sorted out ...
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    Greek crisis and lessons for Ireland

    Yes it is. But only under very strict conditions. The IMF and the EU said that Greece had to pass into law their severe austerity budget measures before any line of credit to keep the country afloat would be given. I presume it will be the same for Ireland if the quarterly analysis is requiring...
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    Greek crisis and lessons for Ireland

    That analogy is a good one. However if you are a hard nosed heoin addict coming off it straight away without any assistance can often lead to death as the withdrawl symptoms are nearly as dangerous as the drug itself. Same goes for Greece in my opinion. If they use medication (financial...
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    Greek crisis and lessons for Ireland

    Well it's quite possible that he has seen this alternative and is prepared to live with it. i.e. take all the pain right up front and get on with it. Who knows? Also check out this article also on BBC website. Some interesting facts quoted here. http://www.bbc.co.uk/news/business-13956331 A...
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    Greek crisis and lessons for Ireland

    Couple of things 1: I presume we're in the same boat as Greece even though our problems are dis-similar. On Monday night on VB one of the persons speaking (don't know name and this was my take on it) claimed that Greece so far had met all its debt requirements from the IMF and that the problem...
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    Buyin share directly and getting share certificates

    thanks Brendan From what you're saying above so is it not posible to buy shares in commoddities such as oil/gas/gold/silver/etc ... (Note: I mention these just for exampless sake becasue they're traded on different exchanges and in different currencies) .... without having some sort of...
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