Has the Run on Ireland Begun?

[HMprison]

Actually no your majesty. A sovereign default would land us all in the dirty brown stuff. You should be less defensive and don't bite the hand............

From your posts, you'd think otherwise. You might want to clarify your little paradox for the international investors who read this forum every day. Judging by how much you love politics.ie so much, swimming in ************************ seems to be something you really enjoy.

[Radix]

Certainly your majesty. Any statement which seems to contradict itself, but is nonetheless true is a guarantee. Correct?

Brian Lenihan gave such an obligation to the international investors to the tune of €400 billion.

He doesn't have the 'cash' to back it up, but 'sovereignty' is still worth something.

So money is based on the premise of a promise.

That is why Ireland Inc cannot afford a default. Capische?

[HMprison]

Certainly your majesty. Any statement which seems to contradict itself, but is nonetheless true is a guarantee. Correct?

Brian Lenihan gave such an obligation to the international investors to the tune of €400 billion.

He doesn't have the 'cash' to back it up, but 'sovereignty' is still worth something.

So money is based on the premise of a promise.

That is why Ireland Inc cannot afford a default. Capische?

You can't make good decisions based on partial information, which is all you have access to. So your anonymous opinions are meaningless. But if it makes you feel good inside, I'm really happy for you.

[nonpartyboy]

Anybody notice a massive increase in pro FF trolls in the last few days. It might be a coincidence but they seem to have arrived in the week we found out that a default is imminent.

Anyway good to see you lads, you have livened things up a bit.

just reading this thread now, i got the distinct feeling it was someone having a 3 way conversation with themselves !.

[Squire Allworthy]

Anybody notice a massive increase in pro FF trolls in the last few days. It might be a coincidence but they seem to have arrived in the week we found out that a default is imminent.

Anyway good to see you lads, you have livened things up a bit.

Someone must be getting under their skin.

600m sold success, but 21Sept looming up and a much bigger problem. Wonder how they will handle it?

[Squire Allworthy]

I hope you don't imagine me in a pub roaring "you fanatic eurotrons" etc.!

Oh no that's you off my Christmas card list.

Social norms aagh, Visit friends, vicar invited to tea, cucumber sandwiches, and two hours of conversation about the weather and the tasteful colour Mr Watson has painted the village shop. Would I be interested in manning a stall............... volunteer to take Byron for a walk and quick exit. What is the point in such conversation? A bigger restraint is confidentiality and unfortunately anonymity does not reduce such obligations.

Economics is not my field, more interested in development, but that requires being mindful of the general economy.

I wonder if we will all be so chirpy about the renewed confidence of the markets by the Autumn Equinox.

[cozzy121]

Someone must be getting under their skin.

600m sold success, but 21Sept looming up and a much bigger problem. Wonder how they will handle it?

That's the 600m bought only by the ECB & Irish banks funded by the ECB??

We've turned a corner my friends!!

[Bi ciuin]

So is there any market response to the claim last night by Anglo Bank Boss Alan Dicky Dukes that the final bill for Anglo will be close to 39 Billion?

[HMprison]

So is there any market response to the claim last night by Anglo Bank Boss Alan Dicky Dukes that the final bill for Anglo will be close to 39 Billion?

Alan Dukes is a smoke screen.

The market has already absorbed the uncertainty surrounding the valuation/liabilities of Anglo.

[adrem]

Anybody notice a massive increase in pro FF trolls in the last few days. It might be a coincidence but they seem to have arrived in the week we found out that a default is imminent.

Anyway good to see you lads, you have livened things up a bit.

Probably not unrelated to the fact that the schools are back !!