Wednesday, December 1, 2010

FINANCIAL CRISIS IN IRELAND

Some countries of the European community (Spain, Greece, Portugal and Ireland) that have been affected the worst with the crisis, have common characteristics that lead us to think that there are factors which were marked at the moment of confronting it.

In short we can say that these common factors are, low taxes, a major social inequality with respect of the European average.

The principal reason for this crisis was the debt of the families establishing as endorsement the housing, the banking was expanding and

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