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world where they're already at that at some stage where you have to pay for all this irish lenders see central bank for emergency loans. and other lenders had borrowed fifty one billion euros from the irish central bank by the end of december under an obscure program listed in the balance sheet as other assets can conduct from international monetary research says quote this is a horror story it shows the cataclysmic condition of the irish banking system the banks have borrowed one hundred eighty three billion euros in total or one hundred ten percent of irish g.d.p. they have burned through all of their capital and a lot of their deposits as well this is going to end up on the national debt yeah the key phrases there they've burned up their capital as in capital reserves exactly what i was just saying go blue go back to iceland circa two thousand and six two thousand and seven they loaned out ten times the country's g.d.p. and then gave him stock fraud by lending money to insiders to buy shares in the banks to force the shares higher so that the option would go higher so that the executives to cash
world where they're already at that at some stage where you have to pay for all this irish lenders see central bank for emergency loans. and other lenders had borrowed fifty one billion euros from the irish central bank by the end of december under an obscure program listed in the balance sheet as other assets can conduct from international monetary research says quote this is a horror story it shows the cataclysmic condition of the irish banking system the banks have borrowed one hundred...
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of the bank run this is the question they're asking because irish bank deposits declined in november for the fourth straight month the central bank said just this past week overseas deposits fled the country at their fastest pace in more than a year. and so they then asked the question is a bank run about to bring europe to its knees but of course will we even know because it could technically we might even have to be bleeping out this word banker on here because it's against their starting to introduce legislation against even mentioning the word bankrupt so i can save them no you can't go on with of no you can't say it because it might cause people to be concerned about their deposits member northern rock northern rock in the u.k. people were concerned because they were involved in predatory lending they were offering on twenty five percent loans on people's homes which we said at the time was unsustainable bank collapse was a huge run justifiably so then you got into this old period of bailouts and off balance sheet accounting in the shadow banking system but yeah of course it's very orwellian is that you can't tell the p
of the bank run this is the question they're asking because irish bank deposits declined in november for the fourth straight month the central bank said just this past week overseas deposits fled the country at their fastest pace in more than a year. and so they then asked the question is a bank run about to bring europe to its knees but of course will we even know because it could technically we might even have to be bleeping out this word banker on here because it's against their starting to...
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about this new irish situation with gerry adams typifies the fact that there are forces which it will reach all stability but the forces which are the international london central banking system financial system while street selling for example is the is the call to these projects we could solve this problem very quickly not solve the completely but granular to control google each with cooperation really in states but that cooperation now is not close it's what's got. mr linden now who say many thanks for your thoughts that has gotten less and found of executive intelligence review magazine speaking to us there about what's happening in egypt at the moment many thanks. now three million are frustrated ukrainians living in the capital care are looking for just one a man the mysteries surrounding their missing meth exam trick near the child of a very deep in this is absence from public life and is a sick month even the prime minister is demanded to know his whereabouts are he is an idiot a chef investigates the disappearance of the fizzy cheap. many if agree that over the past six months ukraine's capital has become a better place to live but locals are bewildered as to
about this new irish situation with gerry adams typifies the fact that there are forces which it will reach all stability but the forces which are the international london central banking system financial system while street selling for example is the is the call to these projects we could solve this problem very quickly not solve the completely but granular to control google each with cooperation really in states but that cooperation now is not close it's what's got. mr linden now who say many...