Seanad debates
Tuesday, 14 December 2010
Financial Emergency Measures in the Public Interest (No. 2) Bill 2010: Second Stage (Resumed)
8:00 pm
Dan Boyle (Green Party)
The question of a minimum interest rate is what is available to us on the international market. I received a very interesting e-mail today from a Philip Coyle and I presume other Senators received it as well. The e-mail outlined the impact of default in Argentina in 1991 and demonstrated that the rates of poverty increased incrementally during the ten year period that followed.
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