Ireland's current financial problems are probably due to the property bubble. Ho... | Hacker News

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rmc on Oct 21, 2010 | parent | context | favorite | on: The Tax Haven That's Saving Google Billions

Ireland's current financial problems are probably due to the property bubble. However there's been massive unemployment (it's tripled in 3 years to 14%), do you really think the government are going to force all these high tech jobs out of the country now?

borism on Oct 21, 2010 [–]

What's the other alternative? Defaulting on it's obligations? Why other countries with property bubbles don't have problems as large as Ireland?

(all the downvotes would be appreciated if they can provide alternative solutions)

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