down 300 points now this is going to be a bloodbath
down 300 points now this is going to be a bloodbath
Originally Posted by seabhcan
Because NR is the safest bank in the world, as its nationalised by the British exchequer.
Any wonder C&C shares are going up.. there'll be gangs of bankers sitting around in fields at the weekend skulling flagons and telling each other about how things used to be...
Fair enough. If its an Irish branch of NI, then Irish Financial Regulations apply, including just €20k guarentee.Originally Posted by meriwether
"Who will bailout the IMF after FF is finished with them?"
The exchequer are also covering N.R.'s Irish customersOriginally Posted by seabhcan
Since it is nationalised it would require the British exchequer to go bankrupt for NR to fail.Originally Posted by seabhcan
So the guarantee is a bit pointless really.
The problem with socialism is that eventually you run out of other people's money.
No need to panic.We've got the roadmaps,the NDP and the junk bond that has been airwaved around by the phoney yapfest,ICTUIBEC and whatever you're having yourself.Now that should restore "confidence" in the financial community.Unkle Bert was some Socialist.
I was in an EBS branch today and the woman in the queue in front of me asked to close her account as 'she heard ye are in trouble and in hugely in debt.' The manager tried explaining that they were profitable etc but she was adament. It sounded like she had over 20k as she knew the limits of the guarantee. An isolated incident I know but I am also fielding queries at work about 'where is the safest now that the banks are going bust' etc. Is a panic around the corner?
The PPT (Plunge Protection Team) has been working hard since July to keep the DOWOriginally Posted by YukonTom
from falling as low as it should be and the two CFR goons running for president have no
understanding of how the economic system works. As always the economy is at the mercy of the illuminati and what they want to do next. Granted they don't have 100% control but they control the money printing press as well as most of the news media outlets so you're not going to see a lot of fingers pointing at the Fed who made this mess to begin with. It's time to call for free markets and get rid of the centralised banking via the Fed.
These people want a NWO, that means a one world currency, religion etc. They will destroy the existing system in order to build their new one. They'll claim that free markets don't work and that they need extraordinary powers to make the economy work in the future. Meanwhile these bastards make nothing productive, only enslave the productive people in society to enrich them. That's why fiat currency is forbidden by the Bible as it only leads to destruction.
Are you Brian Cowan?Originally Posted by hibernia_free