OK so the US has bailed out the banks to the tune of $700 billion, the UK has put up #50 billion to invest in ours, Ireland has guaranteed unlimited protection for savers in Irish banks and Iceland has just nationalised one of its biggest banks.
My question is, where is all the money coming from?
How much money do we actually have in the kitty - and how much have we now got left? Basic housekeeping type questions which I haven't yet heard anyone ask.
How long before the countries themselves go bankrupt?
Showing posts with label Irish Banks. Show all posts
Showing posts with label Irish Banks. Show all posts
Thursday, 9 October 2008
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