State of bankruptcy

THE cost of the banking bailout combined with the current level of national debt now stands at approx €85,714 for each working person.

This does not include of course private debt or other bank debt. So if we considered the total number it would be in or around €571,428 for every working person.

Might it not be time for each and every citizen of this state to declare bankruptcy?

Declan Waugh

Bandon, Co Cork