Ireland, after several years as a financially embattled nation, may be next to succumb to the “Wealth Levy” which has now been proposed in Cyprus, New Zealand, Spain, and Italy.
As a government, Ireland has been struggling with paying it’s national debts for the past 5 years, and the political gyrations have been substantial, as Irish law was structured in order to make the nation’s banking sector attractive to international financial interests. While reporting of the continuing difficulties in Ireland has been very limited, the fact is that the debt cauldron there has remained near the boiling point, and may soon be brought back to the fore as a result of the profound events in Cyprus.
Keep your eye on Ireland, as the next play of the banking cabal may well be manifest in the Emerald isle.
[…] warning about for the last few years, is now breaking like a tsunami -- Poland, Ireland (also here), Spain, Germany (and here), and the rest of the Euro-zone (and here) are being inundated with […]
[…] been warning about for the last few years, is now breaking like a tsunami,Poland, Ireland (also here), Spain, Germany (and here), and the rest of the Euro-zone (and here) are being […]
[…] been warning about for the last few years, is now breaking like a tsunami,Poland, Ireland (also here), Spain, Germany (and here), and the rest of the Euro-zone (and here) are being […]