Theres a lot of people to blame for this!
The SSIA was the first sign that the banks were running out of money,
And to make things worse for them, as soon as people cashed them out.
Off they ran to buy a house in bulgaria/spain/portugal or else they fecked off on a 2 month holiday around the world, spending all the dosh outside of the country. I used mine to buy my apartment, Which is worth €150k less than what i paid for it!
The ECB were throwing money at the Irish banks to pass around to us at record low interest levels.
There is no way that the banks could pay their costs with such a small margin over 30 years. A few defaults on loans and the bank had to carry the loss, because the scum who got the loans had a front protecting them so the bank basically couldnt get money back from a bankrupt company, Clever boys
Then you had the evilness that was 102% mortgages! That was putting people into negative equity before they even got into their house! What a joke!
I lay the blame at the feet of the ECB and the EU. They threw ridiculous money at us, exploding the housing market! and then imposing rules and guidelines on how we run our country.
It doesnt matter who we vote for in the next election, They all report to the EU!
Evidence 1: Ireland voted NO to the Nice and Lisbon Treaties, Bertie/Cowan says "Ah sure make them vote again" and amazingly everyone had changed their mind!
I say F\/ck the EU! Get them out, take their poxy currency with them! Shower of dirty animals!