Dáil debates

Tuesday, 1 October 2013

5:55 pm

Photo of Peter MathewsPeter Mathews (Dublin South, Independent) | Oireachtas source

This is a most pressing issue. Last week the Fiscal Advisory Council spoke about the national debt being at 122% of GDP, which put it in third place after Greece and Italy. The paper ignored the fact that private household debt and SME or non-financial corporate debt taken together with national debt puts Ireland in the worst position in the OECD.

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