Irish Finance Minister insists economy will survive effects of US downgrade

Correction to my last post. Meant to write "It was agreed to lend £3.25 billion -less than half of what you are claiming"

Williamite for your information the UK did not give Ireland £7 billion in loans. It was agreed to lend £3.25 billion -half of what you claim. Contrary to what you and many other people believe not a penny of this loan has actually been paid yet to Ireland as of today 14/08/11. The first payment starts in September 2011 and will be paid over 8 installments ONLY if Ireland needs it. There is a possibility it may not actually be completely requested. So Williamite please get your facts right in future....

I would be surprised if this man could balance himself standing on one leg never mind a budget. Firstly Ireland will have no say or input or control of the coming economic developments that will be a financial holocaust for Ireland and will see it laid bare and devastated and even more bankrupt than it is at present, It is only surviving now as a result at least partly of the £7 Billion pound given it by us, the UK Government.

Oh PLEASE...the irish government couldnt even run the economy before the recession, let alone survive the negative effects of anything that is inter-dependaant link a US credit rating downgrade.

Don't panic. The people will enjoy paying more and more and more and more and more and more and more and more and more and more and more and more and more taxes.

Every thing this govenment tell us, turns out to be the opposite.