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eoin_murphy | 13 years ago
Morale wise, again I don't know. I'm currently out in India but when I left 6 months ago there was (I think) a sense of just shrugging the shoulders and getting on with life. At this point, more scandals, bailouts & controversies would just be adding to the pile. People will complain but there won't be any kind of mass movement in protest. We voted out the political party who were in power during the boom years and I see now that they're back to the second most popular party in the country.
I know a lot of young, very talented people don't see a future for themselves in the country, don't see the point in trying to fix a very conservative system and just leaving (this would be why we have a relatively low unemployment rate compared to say, Spain).
The only way we'll roll those rates back is if the EU forces the changes. The public aren't angry with companies or multinationals. They're angry with private banks, a government which made private debt public on the insistence of the EU and with the EU which is forcing extreme hardship to repay other EU banks. Please note, I'm not saying the people or the Irish government is not culpable for the current crisis - particularly the banking regulator - but rather just trying to outline what the public see as being the problem.
rpm4321|13 years ago