Ireland has a debt that is 125 % of GNP. Our debt is at 92% and growing fast. Ireland will ask for a bail out loan from the EU since it debt instruments now go for 8% interest rates.
We are soon to follow Ireland ,but who will bail us out?
This is not a left vs right or rich vs poor issue.It is American problem that requires sacrifice from all of us. We can solve this problem but must act decisively and quickly. The consequences of not acting now will be very bad.
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