In a shocking development, the Irish public debt now stands at the third highest in the developed world, with every man, woman, and child in Ireland owing over €42,000 each.
It has emerged today that Irish public debt is the third highest in the developed world.
The debt totals €201 billion, which means that every single person residing in the State is saddled with over €42,000.
The interest alone on the total debt reaches €5.8.
So much for the recovery, eh!