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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 Frank Schnittger - May 23 32 comments
by gmoke - May 19 5 comments
by redstar - May 12 18 comments
by redstar - May 14 16 comments
by redstar - May 6 50 comments
by Frank Schnittger - May 2332 comments
by gmoke - May 195 comments
by redstar - May 1416 comments
by redstar - May 1218 comments
by redstar - May 650 comments
by In Wales - May 31 comment
by Luis de Sousa - May 113 comments
by talos - Apr 2949 comments