www.irishtimes.com/business/sectors/fina...be-at-risk-1.1384295

Straight from the horses mouth.
SME's beware.

I hate to sound like a materialist but i believe people are better off just spending the money they have and living in the moment.

Buy a nice car, eat the best organic food you can buy every day, vacation all over the world and eat at nice restaurants.

To many people are just sitting on hundreds of thousand's of dollars and others with millions & billions.

People who hoard large sums of money are some of humanity's greatest enemy's.

People should be at liberty to save their money for a rainy day, or to cater for their old age, without worrying that the fucking government are going to come along and steal it from under their noses imo. I don't consider anyone my enemy based simply on their having saved or inherited money.

.......... wrote:
Small businesses with 100k of wages for a handful of staff are right in the firing line for this.
There's more to this than rich effette southern grannies with 100k pensions you know? lol.

Picture it happening and a small biz not having anyones wages to pay and how many families would suffer.
SME's are the biggest employers, thats a fact.

Par exemple:



None of the billionaires or trillionaires will lose out, though, don't worry.

^Point taken about the small businesses Andy.

.......... wrote:
Aye its not a lot of money when you think about it and really the larger number of accounts in that balance range are going to be small businesses. I daren't think how many people would instantly be out of a job, Ireland alone if it happened here it could mean tens of thousands out of work overnight and they won't even get redundancy pay.

Why will they snatch the cash from accounts. As they can...

Ian2day wrote:
Cos they can you mean aye