Worried About Your Money? Move It To Ireland!
Hello Warriors:
If you're worried about your money, move it to Ireland
There are only 6 banks in Ireland and they're all pretty stable. About 2 weeks ago, though, a popular radio talk show, listened to by about 25% of the adult population, began speculating that they could collapse (merely on the basis that other banks have collapsed in other parts of the world).
Within 30 minutes, €50 million (and counting) had been withdrawn...
In response, the Finance Minister personally telephoned into the show and publically admonished them for their action and then immediately quintupled the deposit amount that the Government will guarantee.
That stemmed the flow.
And then...
Millions of euros began pouring in from the U.K. from jittery British depositors fearful of further problems in the British banking sector.
Money then began coming in from other European countries.
And now, this morning...
The Irish Government have guaranteed deposits to the tune of €400 billion (that's U.S. $574 Billion) for all deposits in Irish banks. (Yanks, want to stash your money somewhere?
)
So... if it all doesn't go belly-up, the Irish Taxman is going to be pulling in a mighty large windfall in the immediate future.
(Of course, if it DOES go belly-up, my grand-children's grand-children will still be paying for it.
)
Tommy.
If you're worried about your money, move it to Ireland
There are only 6 banks in Ireland and they're all pretty stable. About 2 weeks ago, though, a popular radio talk show, listened to by about 25% of the adult population, began speculating that they could collapse (merely on the basis that other banks have collapsed in other parts of the world).
Within 30 minutes, €50 million (and counting) had been withdrawn...
In response, the Finance Minister personally telephoned into the show and publically admonished them for their action and then immediately quintupled the deposit amount that the Government will guarantee.
That stemmed the flow.
And then...
Millions of euros began pouring in from the U.K. from jittery British depositors fearful of further problems in the British banking sector.
Money then began coming in from other European countries.
And now, this morning...
The Irish Government have guaranteed deposits to the tune of €400 billion (that's U.S. $574 Billion) for all deposits in Irish banks. (Yanks, want to stash your money somewhere?
)So... if it all doesn't go belly-up, the Irish Taxman is going to be pulling in a mighty large windfall in the immediate future
.(Of course, if it DOES go belly-up, my grand-children's grand-children will still be paying for it.
)Tommy.
Sal
When the Roads and Paths end, learn to guide yourself through the wilderness
Beyond the Path
Sal
When the Roads and Paths end, learn to guide yourself through the wilderness
Beyond the Path
Sal
When the Roads and Paths end, learn to guide yourself through the wilderness
Beyond the Path