Sky News Business Bulletin on Ireland

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davidcochrane
[ame=http://www.youtube.com/watch?v=Hy3_JhnBezM]YouTube - Sky News Business Report on Ireland[/ame]

A Sky News Business Bulletin from a few moments ago (2 mins long) on what they view to be the current situation with Ireland. They point out that Micheal Noonan's remarks about "some form of assistance is inevitable".
 


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Why are all these people talking down the economy? We have turned several corners dont they know this?
 

Asparagus

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We're grand... honest

Seriously would you like a few quid there lads...
 

anewbeginning

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"Comical Cowen" haha...

Replace "defeating the Americans" with "we don't need a bailout" and you have it right there.

Just how much of a clown is Cowen when the Germans are practically ordering him to take the money and Cowen still saying we don't need it.

It's all about contagion and the complex problems our banks and entire financing structure are facing.

While the country may be financed for a few months, the banks probably aren't, and will probably need a bailout package from Europe soon. Worries about the financing of Irish banks is what is pushing bond yields for countries like Portugal through the roof.

Cowen is simply too thick to understand this.
 

Asparagus

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Joined
Apr 7, 2010
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"Comical Cowen" haha...

Replace "defeating the Americans" with "we don't need a bailout" and you have it right there.

Just how much of a clown is Cowen when the Germans are practically ordering him to take the money and Cowen still saying we don't need it.

It's all about contagion and the complex problems our banks and entire financing structure are facing.

While the country may be financed for a few months, the banks probably aren't, and will probably need a bailout package from Europe soon. Worries about the financing of Irish banks is what is pushing bond yields for countries like Portugal through the roof.

Cowen is simply too thick to understand this.
Comical cowen is turning the ECB into Mrs Doyle.

ECB. You should have a bail out
CC. No were grand going forward
ECB: Seriously - have a bail out
CC: No we've turned a corner
ECB: I see your books - your screwed
CC: I don't accept that...
ECB: Have a bail out? Ah ye will go on, go on, go on
CC: Well maybe your right. I will have a bail out
ECB: Ooops Portugal and spain just asked for one so we have nothing left - sell us your children for food
CC: Ok so
 


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