The Controversy Behind Ireland’s €85bn Bailout

In this video, we're talking about the controversy behind Ireland's €85bn bailout. In late 2010, the Irish Government agreed to a bailout program with the EU and IMF. This bailout would have financial ramifications for future generations to come. Could the Irish Government have reduced the cost of the Irish banking crisis to the State, thus necessitating a lower bailout cost? Let's discuss.

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[malone_financial]

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[patmulligan]

I don't think they have learned from history, housing and cost of living are still a problem

[mikehickey]

When I get money from a bank, I pay it back with interest.
Wouldn’t it be nice if us the tax payers (not the government!) got the money back (with interest!) that we paid out in that lovely extra tax.

[dazza]

The Irish government not have let the IMF taken 12bn out of the 24 bn state pension fund.

[yorkam]

@malone_financial what is your opinion on Infinite Banking Concept, and would you be able to do a video on it?