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Old 6th Dec 2011, 06:28
  #241 (permalink)  
Shamrogue
 
Join Date: May 1999
Location: Ireland
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No right or wrong

Justanother,

A certain amount of Racedo's comments are indeed true. And not completely difficult to fathom.

Budget deficit will take until 2015 to sort - fine. In the meantime we'll have build debts of we'll say 100 Billion. Now considering the amount of cuts we've needed to get down to our current deficit and the amount more to come getting to the lovely place of being able to service and pay pack our loans on our own - well it's a fair distance off.
However, on a more positive note - we can at least see a light - ie it can be done. And no we don't have to print more money. One elephant in the room is as bad as we are I think the UK have their own serious austerity to get stuck into and they can't keep printing money. Of course they can choose to keep doing it and wheelbarrow sales will sky rocket - in order for them to pay for Mars Bars - they'll need wheelbarrows to cart around money.

Looking at Aer Lingus, you wonder, are we perhaps about to see Aer Lingus succeed more than ever? Away from political manipulation, away from subsidies and needing to do things both professionally and commercially.

Regards
Shamrogue
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