Poll: The Irish Government Will Seek IMF/EU Stability Funds

Page 52 of 95 FirstFirst ... 242505152535462 ... LastLast
Results 766 to 780 of 1412

Thread: Irish Bonds and the ECB - Bond Sales Watch - the Risk of Sovereign Default

  1. #766

    Default Re: Irish Bonds and the ECB - Bond Sales Watch - the Risk of Sovereign Default

    Quote Originally Posted by C. Flower View Post
    Brian Lucey and Paul Sommerville on VB Show have spelled out that over 240 billion is to be borrowed with 15 billion a year interest costs - it can't be managed - we only take in 30 billion a year in tax and are spending 50 billion.

    Head guy from Pimco has predicted a run on the Irish banks on Bloomberg.

    The game is up.
    Pimco are one of the Anglo-Irish bondholders according to Senator Norris who read their name into the Oireachtas record against the will of the Cathoirleach yesterday...

    I think any major bank making a statement on Ireland should immediately be asked whether they are a bondholder and asked to declare an interest.
    Think National. Act Local. Oh- and superstition is just the dark matter of human history.

  2. #767
    Join Date
    Oct 2010
    Location
    Dun Laoghaire-Rathdown
    Posts
    4,154

    Default Re: Irish Bonds and the ECB - Bond Sales Watch - the Risk of Sovereign Default

    Quote Originally Posted by Captain Con O'Sullivan View Post

    I think any major bank making a statement on Ireland should immediately be asked whether they are a bondholder and asked to declare an interest.
    aye, aye Cap'n. Preferably before their evil shorting plans demolish my savings...

  3. #768
    Join Date
    Mar 2010
    Posts
    14,984

    Default Re: Irish Bonds and the ECB - Bond Sales Watch - the Risk of Sovereign Default

    Sky is reporting that George Osborne is going to Brussels tomorrow(Sunday) to discuss the Irish bailout plan with EU finance ministers.
    Twitter rumors around claiming that the IMF party left the country this afternoon.
    http://news.sky.com/skynews/Home/Wor...r_Cuts_Protest

  4. #769
    Join Date
    Mar 2010
    Posts
    14,984

    Default Re: Irish Bonds and the ECB - Bond Sales Watch - the Risk of Sovereign Default

    And Reuters confirm the meeting:
    (Reuters) - European ministers are expected to sign off on an 85 billion euro ($112.7 billion) rescue for Ireland on Sunday, making it the second euro member after Greece to require a bailout in the face of a crippling debt crisis.

    Finance ministers from the 16-nation euro zone are due to meet in Brussels from 1 p.m. (7 p.m. EST) to discuss the emergency loan package Ireland needs to stem mounting losses at its banks and cope with a massive budget deficit.

    Ministers from the broader 27-nation European Union will also gather to approve the aid, which will come from a 750 billion euro rescue facility the bloc set up back in May after Greece was pushed to the brink.
    http://www.reuters.com/article/idUSLDE6AO0HG20101127

  5. #770

    Default Re: Irish Bonds and the ECB - Bond Sales Watch - the Risk of Sovereign Default

    At what point do we get to see the current cabinet led out to a pockmarked wall ... on national tv?

    Thats the bit I'm waiting for.
    Think National. Act Local. Oh- and superstition is just the dark matter of human history.

  6. #771
    Join Date
    May 2010
    Posts
    1,062

    Default Re: Irish Bonds and the ECB - Bond Sales Watch - the Risk of Sovereign Default

    not to mention the fact that the S&Ps of this world are still on the loose, with very questionable talents.................

    http://news.bbc.co.uk/2/hi/8547810.stm
    "There are two ways to conquer and enslave a nation. One is by sword. The other is by debt." -- John Adams

  7. #772
    Join Date
    May 2010
    Posts
    1,062

    Default Re: Irish Bonds and the ECB - Bond Sales Watch - the Risk of Sovereign Default

    Quote Originally Posted by Captain Con O'Sullivan View Post
    At what point do we get to see the current cabinet led out to a pockmarked wall ... on national tv?

    Thats the bit I'm waiting for.
    one of the red tops headlines today reckon they are "under armed guard". Guess we won't be seing Pat Carey out in Ballymount again any time soon.
    "There are two ways to conquer and enslave a nation. One is by sword. The other is by debt." -- John Adams

  8. #773
    Join Date
    Apr 2010
    Location
    нурмы
    Posts
    4,899

    Default Re: Irish Bonds and the ECB - Bond Sales Watch - the Risk of Sovereign Default

    The banks are rising on the back of yesterdays 'bailout' announcement that the junior bondholders would have to help pay for the bailout. BOI is up 19% so far to 31.4 cents a share. http://www.bloomberg.com/news/2010-1...out-costs.html
    Нооруз пиээ пурылыа выиттыа


    'Our goal is to conquer state power for the Irish working class'
    Pat Rabitte, 1987

    "Can I ask whether this is what the men of 1916 died for: a bailout from the German chancellor with a few shillings of sympathy from the British chancellor on the side?"
    Michael Noonan, November 2010

  9. #774
    Join Date
    Feb 2010
    Location
    Rockall
    Posts
    54,017

    Default Re: Irish Bonds and the ECB - Bond Sales Watch - the Risk of Sovereign Default

    Nouriel Roubini - one of the people who correctly foresaw the credit crunch - tweeting some very useful analysis.

    Nouriel







  10. #775
    Join Date
    Mar 2010
    Posts
    6,524

    Default Re: Irish Bonds and the ECB - Bond Sales Watch - the Risk of Sovereign Default

    Irish ten yr. bonds at 9.28% and rising.

    Euro down against the dollar.

    Anyone up for plan B ?

    Woops my mistake nobody FF/GP/EU/IMF thought we would need a plan B, back to the drawing board I suppose.

  11. #776
    Join Date
    Feb 2010
    Location
    Rockall
    Posts
    54,017

    Default Re: Irish Bonds and the ECB - Bond Sales Watch - the Risk of Sovereign Default

    I think maybe it's time we stopped watching the markets and the politicians and made some plans ourselves.

  12. #777
    Join Date
    Mar 2010
    Posts
    6,524

    Default Re: Irish Bonds and the ECB - Bond Sales Watch - the Risk of Sovereign Default

    Quote Originally Posted by C. Flower View Post
    I think maybe it's time we stopped watching the markets and the politicians and made some plans ourselves.
    I think you could be right on that Cactus.

  13. #778
    Join Date
    Nov 2010
    Posts
    201

    Default Re: Irish Bonds and the ECB - Bond Sales Watch - the Risk of Sovereign Default

    [ame="http://www.youtube.com/watch?v=NOzR3UAyXao"]http://www.youtube.com/watch?v=NOzR3UAyXao[/ame]

    Then the priest answered & said unto the Queen of Space, kissing her lovely brows, and the dew of her light bathing his whole body in a sweet-smelling perfume of sweat: O Nuit, continuous one of Heaven, let it be ever thus; that men speak not of Thee as One but as None; and let them speak not of thee at all, since thou art continuous! Liber AL vel Legis 1:27

  14. #779
    Join Date
    Feb 2010
    Location
    Rockall
    Posts
    54,017

    Default Re: Irish Bonds and the ECB - Bond Sales Watch - the Risk of Sovereign Default

    German bonds have started to show the strains today, as the obvious becomes obvious - a lot of German money has been loaned out to people who can't pay it back.

    This thread was started in the Spring to look at the risks of Irish default. We are now looking at the collapse of the Euro, with bankrupted economies across the Eurozone. Britain can't stay immune as it exports to us all.

    It's a classic and historic capitalist crash at the end of a long boom, the latter part of which was based entirely on fake money.

    Last edited by C. Flower; 02-12-2010 at 10:55 PM.

  15. #780
    Join Date
    Feb 2010
    Location
    Rockall
    Posts
    54,017

    Default Re: Irish Bonds and the ECB - Bond Sales Watch - the Risk of Sovereign Default

    ECB buying last week, and perhaps the budget today, have propitiated the markets, just a small bit. Bond spreads still more than 8%.

    Ireland's 10-year bond yield has continued to fall, down to 8.032% - well down on its opening value today #bondwatch

Page 52 of 95 FirstFirst ... 242505152535462 ... LastLast

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •