Originally Posted by
carlos marvado
Actually it is'nt all that difficult to know what is going to happen. Remember all these political statements:
The property market will experience a soft landing.
In the coming years the Irish economy will return to more realistic long term growth rates of 3.5%.
The Irish banks have been stress tested and are sufficiently capitailsed to weather any economic shocks.
The underlying economic fundamentals are sound.
The public sector finances are under control. (Mary "The Darling Girl from Donegal"- Spring 2009
We have turned the corner now. (Brian Lenihan - Dec 2009)
We have enough money until the middle of 2011 and do not need to go back to the bond markets until then.
Ireland does not neet an EU bailout and we are not engaged in talks about a bailout.
You see a pattern emerging here......don't you. What the government says will happen does'nt happen, and what they say wont happen does happen. So this is the way you have to interpret Fianna Fail government speak.