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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 gmoke - Sep 19 1 comment
by Frank Schnittger - Sep 10 5 comments
by ARGeezer - Sep 7 36 comments
by Frank Schnittger - Sep 2 57 comments
by gmoke - Sep 191 comment
by Cat - Sep 1411 comments
by Frank Schnittger - Sep 105 comments
by ARGeezer - Sep 736 comments
by Frank Schnittger - Sep 257 comments
by THE Twank - Aug 3110 comments
by Frank Schnittger - Aug 2757 comments
by Cat - Aug 2222 comments
by Cat - Aug 2224 comments
by Cat - Aug 185 comments