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Thread: Has the Run on Ireland Begun?

  1. #1
    Politics.ie Member
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    Default Has the Run on Ireland Begun?

    Folks the Irish 10 year has jumped to 5.88% this morning.

    We all know the amount of money the Irish banks and the NTMA are trying to raise this month alone.

    Hold on to your hats and whatever else you can hold on to.

  2. #2
    Moderator Conor's Avatar
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    Quote Originally Posted by grafter1 View Post
    Folks the Irish 10 year has jumped to 5.88% this morning.

    We all know the amount of money the Irish banks and the NTMA are trying to raise this month alone.

    Hold on to your hats and whatever else you can hold on to.
    What's the spread over bunds?
    Nothing will motivate the lazy / apathetic / Americanised / west-British types to embrace their culture and the Irish language.

  3. #3
    Politics.ie Member mr_anderson's Avatar
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    Ouch.

    Guess theres one way of getting around this - stop borrowing !
    But then, that would necessitate FF tackling our €20 billion annual deficit head-on.
    Interesting times ahead.

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    Politics.ie Member jpc's Avatar
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    Yes the mood music is changing big time.
    No one is listening to the govermemt anymore.
    Its only a chat, we ain't the world council.

  5. #5
    Politics.ie Member seabhcan's Avatar
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    Are we still borrowing to lend to greece at 5%?

  6. #6
    Politics.ie Member ballot stuffer's Avatar
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    Thanks Seanie! Thanks Fianna Fail! Thanks Neary!
    Sow the wind, reap the whirlwind.

  7. #7
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    looks very like we are headed for the cliff edge to me. So much for lenihans 'hold our nerve' comments of jusr yesterday.

  8. #8
    Politics.ie Member DeputyEdo's Avatar
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    Sure we've "turned the corner"...apparently...we'll all be fine.

  9. #9
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    International Markets won't swallow any more of this spin....

    Sad times

  10. #10
    Politics.ie Member jpc's Avatar
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    And that scutterbucket Callery is the main story at the moment on the radio.
    Very sad times.
    Its only a chat, we ain't the world council.

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