Ireland faces the possibility of default as Anglo Irish bill estimated at $47.4 bn

marsman: Thank you for your reply. Are you saying tht the Irish liability is only a product of the Irish govt signing obligations when Anglo was on the point of collapse? If so, the govt were fools to sign anything. More than fools, they were traitors to the people who elected them.

this country will soon be burst! as a result of the bankers and politicans fuc-king with the taxpayers money! once again, bring back the death penilty!if they would do that, i would happily put my name down to be the man kicking out the chair from under them!

Does the Real IRA'S recent threat to London bankers also include their Irish counterparts as well as the Irish central bank?

@ GeorgeDillon: the liability for the taxpayer / citizen began the moment the government signed - in the name of the state, that means everybody - the various guarantees and obligations That's the power of a government, legally and financially binding it's citizens. It is authorized to do so, with all consequences. (Since ancient times that is also known as a particular Judas phenomenon, acts of betrayal.) Hopefully not coming across as patronizing, suggested reading would be: "Eight hundred years of financial crisis", by K. Rogoff et al.; Niall Ferguson: The ascent of money (very lucid reading) and: Adam A Tooze: Wages of slavery (The financial history of the Hitler's Reich; it carries the reader through the whole lot of decait, fraud, coercive measures, et al., to the end. Benefits of reading this book is a sixth sense for anything dodge, fraudulent, even though not related to the theme.) Some googling might be useful and interesting at first, if interested.

Ireland will Default ...And the sooner the better.....It is time the world knew just what kind of crooks the Irish bankers are......Just like bankers everywhere really..

The bankers and politicans were in bed together, a little bribe, and the Irish politican sold his soul, Just like our Irish American senator Dodd, chairman of the senate banking comittee oversght was, look the other way. THE WORKING CLASS WILL ALWAYS CARRY THE BIGGEST BURDEN.....be careful who you vote for, but always vote...

Maybe someone in Ireland will explain to me why Irish people can be held liable for the debts run up by private banks. It's as if I lost money at the track and demanded that everyone who posts on this site chip in to pay my losses. If I don't pay my bookie that means I default, not everyone else on IrishCentral.