Ireland's young flee abroad as economic meltdown looms

[katty]

more: http://www.guardian.co.uk/world/2010/nov/14/ireland-economic-crisis

Ireland's young flee abroad as economic meltdown looms

Many young people are seeking to emigrate rather than face a life of hardship as the republic lurches towards financial collapse


Student Niamh Buffini works hard and plays hard. As Ireland's No 1 taekwondo martial arts practitioner – she is rated 12th in the world – her ambitions include winning Olympic gold for Ireland.

But by the end of this month her future will have been decided by forces not just beyond her control but seemingly those of her government also. Ireland is on the cusp of insolvency. Some economists argue that it already is.

[villager]

1. "Famine" redux? Except, there's really no place to "flee" to, this time

Where, after all, will Americans emigrate to, when their "turn" comes?

[katty]

2. where, indeed?!

[KT2000]

5. Canada I bet

that is where the young people went in the 70s when their economy was in trouble.

[northernlights]

6. who the eff would take us? nt

[grasswire]

3. stunning

"Put at its starkest, for the next six to seven years, every cent of income tax paid by Irish citizens will go to cover the banks' losses."

[ProgressiveProfessor]

4. Its already into insolvency. They are putting up a good front, but they are clearly bankrupt

Be interesting to see what happens. At some point bottom feeders will step in and start buying distressed assets including housing. When were deciding where to live, Ireland was on our list.