6.064 now

should i take my savings out of anglo now?

Originally Posted by Disillusioned democrat

Ah - the National Conference Centre - the grandest symbol of excess and hubris that historians will associate with Celtic Tiger madness in generations to come.

Ceauşescu comes to mind.

Originally Posted by Tommythecommy

Yes it hit it at 10.00am

Bloomberg is saying the daily high is 6.06% where are you looking?

Originally Posted by grafter1

Sailor i dont think that's fair. I have studied Economic history throughout my life and i am genuinely scared and what lies ahead not just for Ireland but the world itself.

History tells us that massive economic shocks lead to wars, racism & extreme ideologies.... it would be hard to envisage this all ending well.

+1

Sailor, perhaps you are wondering why we all don't just go out and commit suicide, like the Great Leader said??

And stop talkin down the Economy

Originally Posted by Asparagus

Holy God now RTE are reporting 6.108% - do they know something that we don't?

Bloomberg updates are 15 mins behind - 6.108% has probably been hit already.

Bloomberg currently at 6.064.

Not that it would achieve much but i do think B.C. should address the nation now.

The average public servant and social welfare recipient need to be clear of what's ahead.

Originally Posted by Sailor

I compliment those who have been keeping us informed on this issue in such a timely manner. But I despise those among them who take such obvious joy in their country's misfortune. Maybe they would care to tell us why it gives them so much pleasure. I can only speculate that their motivation is purely party political - particularly as thread after thread on the banks attract comments from these people without a single criticism of the prime culprits, the banks. It's a bit like attaching the main blame to the gardai when a murder is committed and ignoring the role of the murderer.

The prime culprit is whoever appointed Neary and encouraged and fed the bubble with massive property reliefs, Galway tents etc and mentioned that anyone questioning the status quo should go and commit suicide.
You must be an FFer I guess.
Sure the banks , the Cheap money from Europe were factors but the govt did not do its job in regulation of either banks or the property market and in fact made the situation much worse.
Rotten and corrupt FF-shame.

Originally Posted by Sailor

I am not in any way trying to play down the seriousness of this development

You're certainly trying to distract attention away from it anyway.

RTE is saying 6.108% now

Originally Posted by Sailor

I compliment those who have been keeping us informed on this issue in such a timely manner. But I despise those among them who take such obvious joy in their country's misfortune. Maybe they would care to tell us why it gives them so much pleasure. I can only speculate that their motivation is purely party political - particularly as thread after thread on the banks attract comments from these people without a single criticism of the prime culprits, the banks. It's a bit like attaching the main blame to the gardai when a murder is committed and ignoring the role of the murderer.

To be honest I am just a bit scared and confused like most of the population. All I know is the number going up is bad somehow and there is nothing I can do to stop it. Ive been prudent and careful and a good little citizen and now I am apparently up to my t1ts in it. Other than pitchforks and burning torches I can only respond with humour (or at least my vague attempt at it)