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However no one in Ireland has any sympathy with the banksters and regulators who are the most immediate causes of the crisis and whom many would wish to jail. What is more difficult to track down is those who benefited from the property boom - farmers who sold land etc.- partly because the beneficiaries are much more small scale and diffuse, partly because much of the money would have been invested in banks or property at home or abroad and so much was subsequently lost.
There is also a huge generational problem. Virtually all the beneficiaries (except a few banking whizzkids) are older, and most of those suffering are younger - the unemployed, emigrants, and those in negative equity because they bought their house (with a huge mortgage) since c. 2003.
Index of Frank's Diaries
by afew - Jan 25 2 comments
by melo - Jan 23 4 comments
by gmoke - Jan 15 5 comments
by DoDo - Jan 20 4 comments
by Frank Schnittger - Jan 16 104 comments
by ChrisCook - Jan 1 65 comments
by afew - Jan 5 44 comments
by rifek - Jan 5 9 comments
by afew - Jan 252 comments
by melo - Jan 234 comments
by DoDo - Jan 204 comments
by Frank Schnittger - Jan 16104 comments
by gmoke - Jan 155 comments
by afew - Jan 544 comments
by rifek - Jan 59 comments
by DoDo - Jan 25 comments
by ChrisCook - Jan 165 comments
by melo - Dec 316 comments
by Metatone - Dec 3129 comments
by rz - Dec 2956 comments
by A swedish kind of death - Dec 2755 comments
by das monde - Dec 2726 comments