The current banking system might hint its roots again to the Bretton Woods settlement after the war in 1945. The Irish Government have to date brutalised the workers in Ireland with levies, tax increases and a myriad of other stealth prices, while on the same time they have allowed the rich in Ireland to continue with business as normal. The Irish Authorities, property speculators and bankers, are all equally guilty of treason against the Irish nation. These three teams of people, collectively often known as the Golden Circle, have left over 450,000 Irish people unemployed, 50,000 Irish individuals homeless or on their option to being homeless, children are being refused life saving surgical procedure as there are no sources, yet this same Government may spend over 50,000 Euro on a drunken session in Galway two weeks in the past.

Banking system has been instrumental in the development of World Economy. When banks offer loans & associated merchandise at a decrease interest rate, it enhances the growth prospects of the economic system and vice-versa. But within the process of aiming increased targets and earnings, many a occasions banks end up giving loans to the defaulters who not only flip unhealthy but …