Tag Archives: European Central Bank

Ireland the next “Bailout “A LA Cyprus on the way !

Posted on May 14, 2013 by

By Thomás O Cléirigh As I write this I am hearing on the Irish radio that the finance minster is in Talks to formalise the “Cyprus Bank bail in” system for a European wide execution .If you are an Irish … Continue reading →

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AIB And ‘Fraud Of The Highest Order’

Posted on May 13, 2013 by

This bank [AIB], which is still trading in the US/Ireland and is still accepting deposits and making loans, appears to have some pretty fishy underpinnings. So begins a an alarming if somewhat baffling blog post by Trading analyst Reggie Middleton … Continue reading →

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EUROBLOWN: It looks like the inflating cost of the euro project is proving too much for Germany

Posted on April 11, 2013 by

Reblogged from The Slog. 3-D bollocks deconstruction: A couple of days ago, Syriza leader Alexis Tsipras went on Greek telly to advise Prime Minister Antonis Samaras that he should cease negotiating with the Troika, and instead agree a joint strategy … Continue reading →

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The ongoing death of the Euro: 1929 in slow motion.

Posted on March 26, 2013 by

The following is an article from Netzoners ” citizen reporter ”financial correspondent. Mr  Christopher M. Quigley B.Sc., M.M.I.I., M.A. It is hard I am sure for Americans to fully comprehend the disaster that was the recent Cypriot Euro debacle. Yesterday, Monday … Continue reading →

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Europe Continues To Drink The ECB’s Poisoned Kool-Aid

Posted on March 7, 2013 by

Despite the drumbeat of defeatism  from English-speaking economists, and despite three years of disappointing  economic results, the Eurozone persists in the execution of its original “Plan  A”, adopted three years ago: 1. Balance eurozone government budgets by  raising taxes and reducing expenditure. 2. … Continue reading →

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Debt deal is jiggery pokery dressed up as a game changer

Posted on March 7, 2013 by

By David Mc Williams The news that the State has secured a deal to push out Ireland’s debt repayments represents a victory for the Government’s – or more accurately the EU’s – giant “delay and pray” strategy. The deal would … Continue reading →

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No matter how Coalition dresses it up, we cannot afford to pay Anglo’s debt

Posted on February 10, 2013 by

By David Mc Williams First, the good news. Swapping the debt from a promissory note to a long dated government bond will mean that, in the short-term, the State won’t have to find so much money to pay for the … Continue reading →

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Why we should not pay the promissory note

Posted on February 7, 2013 by

By David Mc Williams The ECB never does anything without an eye on global trends. In the overall scheme of things, despite being the “European” central bank, things that happen in small European countries matter little in setting the tone. … Continue reading →

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up-date fro The European Central Bank and Goldman Sachs derivatives scam

Posted on November 30, 2012 by

Thomas, for your attention ……The European Central Bank has won a ruling to refuse access  to secret files showing how Greece used derivatives to hide its debt.  They were guided in this scam by Goldman Sachs. “Disclosure of those documents … Continue reading →

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EU governments should not be put in a position to compete for funds with commercial enterprises

Posted on November 29, 2012 by

By Florian Pantazi Slowly but surely, the set of remedies employed in the hope of solving the euro crisis is now spreading recession from the periphery to the core of the eurozone. Austerity measures, accompanied by an increase in taxes, … Continue reading →

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