More than 100,000 people have demonstrated in Dublin, Ireland’s capital on Sunday, against the government’s way of dealing with the economic crisis.

Protestors are complaining about plans to impose a pension levy on public sector workers. The demonstration backed by the Irish Congress of Trade Unions. The workers feel that they are being unfairly targeted for something that they didn’t create.

The social unrest comes at a time where the taxpayer has been exposed to billions of euros in potential bad debts following the government’s nationalization of Anglo Irish Bank, the country’s No.3 lender.

Ireland’s economy enjoyed lavish growth in recent years until last year when the sub-prime mortgage crisis in the U.S. began sweeping the globe. The economy in Ireland is predicted to contract by 10 per cent until 2010. Europen Commission forecasts the country’s budget deficit to reach 11 per cent of GDP in 2009, three times the limit demanded by the European Union.

Iceland and Latvia have already seen their governments fail because of the economic crisis, is Irealnd’s government next?

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