Solving the Ireland Debt Crisis?

[Sojourner]

Its interesting that the European Union have voted to take action over the debts owed by Greece, yet my reading is that the situation is actually far worse in Ireland where despite quite draconian cuts to pensions and services, the government of Ireland is still pushing steeply upwards in debt at an absolutely massive rate as shown by the debt clock below -

http://www.financedublin.com/debtclock.php

I am not sure what they can actually do to stop the problem, its been suggested that one problem is that they actually bailed out the banks and some have the opinion that they should have done what Iceland did and simply let the banks fall over and not make the government be responsible for their debt.

We do complain a lot about where we are at in Australia, but our debt is a spec compared to what the people of Ireland are going through.

So what actually can be done to solve the problem in Ireland?

[mighty_tiger_79]

turn the country into a massive brewery

but thats some seriously bad crap