as long as they keep making a balls of their economy by holding onto a socialist system that they can't afford we will keep the low interest rate environment and cheap money that we have grown used to.
I'm not disagreeing with you there, I'm just saying I hope they stick to their principals and ignore reality long enough for the property boomers to pay off a chunk of their mortgages so that we have some depth of wealth in the country before the sun stops shinning.All fine and dandy. Low interest rates in a booming economy are great.
Just wait until they cop themselves on, start taking the jobs out of Ireland.
Our economy starts going down, theirs starts going up.
Then they raise interest rates.
High rates in a slump are the other side of this coin.
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