Ireland is $5 billion richer - government finds cash after accounting error

Tips on accounting for business or for countries First understand what you are doing the corollary may hwover be the inverse and consolidated balance sheet for all ireland may result in something entirely spurious but I suggest we create liqiudity by creating items like the Cliffs of Moher or the White Strand or Croagh patrick at a price This would inflate the assets of ireland and hence decrease its liability to go bankrupt I want O higgins to concentrate on this concept since if they can't get the sums right at least they can have fun putting a value of the Bloody Forelands or Errigal with or without the screed. Think about it we need green field ideas not staid accounting as per bean counting state operatives

Lads it can happen very easy.You think you're broke and you reach into your pocket to pull out your handkerchief to have a good cry and 5 billion bucks fall out.It happens to me all the time.

Fancy paperwork again. Show us the money.

Luck of the Irish, right... sounds like the knuckleheads we have over here in the US!

Amazing what you can find down the back of the sofa.

Put people to work with the bonanza - can't leave that job to sharks - what is needed is a st. teresa human to execute.

God, these so called professionals sure know how to complicate things, don't they. Sure what difference is 5 bilion anyway? It is simply paper created out of thin air. These elite do not care. Why sould they. We allow them away with crimes all the time.

Oh for the love of god!!! Seriously what the hell hope has the country got if the frickin accountants can't even do the accounts right. Fire the lot of them and hire small town accountants who manage money better than these dimwits. Seriously between idiotic politicians, fraudster bankers and corrupt property tycoons, the country is screwed. You'd be better off with housewives running the government, the banks and the property market - they at least are able to make ends meet, stay within their budget and keep the family happy. THE REST OF THEM ARE DIMWITS!!!

That's what the dimwits running Ireland get for using opinions and not reading, writing or arithmetic.