Well recently someone in the UK became £80,000 wealthier. A pensioner carried his life savings around with him as he didn't trust the banks. Unfortunately he forgot that he'd left his bag of cash on his car roof when he drove off! One week later no-one has returned his money and I doubt they ever will. As regards not paying back the multi-billion pound/dollar debts, didn't the Irish opposition threaten to simply default on Ireland's debt mountain? I'm not sure what would happen in those circumstances but presume that no-one would ever again lend money to Irish banks or the Gov't and the country would be bankrupt.
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