Irish experience advice on how to rid banks of toxic real estate assets

Friday, May 11th 2012 - 13:10 UTC

Full article 3 comments

Spain’s plan to rid banks of toxic real estate assets is reviving the politically heated debate over how creditors and taxpayers should share the vast losses still being incurred by the Euro zone debt crisis. Nowhere is the issue in sharper relief than in Ireland. Read full article

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briton
In other words, more corruption from the mighty ECB,
Come and borrow what ever you want, but there will be a price to pay,
A united states of Europe, [don’t like it] tough, pay my money back NOW,
Cant, then tough a united states of Europe for you then, controlled by one unit, one president and backed by one country,
Germany springs to mind,
,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
Love it or hate it, your bailouts will cost you, your sovereignty sooner or later,

And as for Great Britain,
Separate the banks in two,
Keeping their business side separate from the everyday banking of the public,
Force them the strengthen their base to solid ground to absolve the big bang,
Mmmm
But will it work,
Well the bail outs and spend spend spend culture has failed in Greece, Spain , Italy , Ireland , France , Holland , and others,
So give the brits a chance, at least we are trying, fxxking hard going, but trying we must.
…………
The future looks bright for us,
As for the great euro gravy train,
Flying pigs spring to mind.

justa logicle thought .
May 11th, 2012 - 02:20 pm - Link - Report abuse 0
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Max
Ireland's problem is from the English roving investments not from EU.
May 12th, 2012 - 10:26 am - Link - Report abuse 0
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briton
not true,
May 12th, 2012 - 07:33 pm - Link - Report abuse 0
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