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They Are Nationalising The Bank Of Ireland

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http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/8165146/Irish-fury-as-EU-nationalises-Bank-of-Ireland.html

This is starting to get so predictable, there will be no collapse, we will eventually have a Global banking system owned by the Sovereigns, the debt of the Sovereigns will be on the balance sheets of the banks owned by the Sovereigns, the tax payers will be paying off this debt for the next century. Soon we will be taxed to pay off our own Sovereign debt which is on our own Sovereign banks balance sheet, they are basically shifting the liabilities from the banks to the tax payer by allowing the tax payer to own the banks, so it is in our own interest to pay the debt down as we own the banks................

Edited by Panda

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http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/8165146/Irish-fury-as-EU-nationalises-Bank-of-Ireland.html

This is starting to get so predictable, there will be no collapse, we will eventually have a Global banking system owned by the Sovereigns, the debt of the Sovereigns will be on the balance sheets of the banks owned by the Sovereigns, the tax payers will be paying off this debt for the next century. Son we will be taxed to pay off our own Sovereign debt which is on our own Sovereign banks balance sheet, they are basically shifting the liabilities from the banks to the tax payer by allowing the tax payer to own the banks, so it is in our own interest to pay the debt down as w own the banks................

If you read the thread on here linking to Paul Mason's blog you will realise that the UK Govt quietly took over being guarantor of savings in the Bank of Ireland's Post Office accounts.

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Then the sovereigns will go bust...

...oh they already are.

P.s. It's nationalising, the over use of Z's is such an Americanisation of the English language.

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Oooooooooooops Saturday night, a glass of bubbly.....................

At least the outcome will be a Global Sovereign Banking Elite owned by us the taxpayer, paid for by us the tax payer but profits going not to us but to the bond holders....

NO Haircuts there then move along, nowt to see here?

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Soon we will be taxed to pay off our own Sovereign debt which is on our own Sovereign banks balance sheet, they are basically shifting the liabilities from the banks to the tax payer by allowing the tax payer to own the banks, so it is in our own interest to pay the debt down as we own the banks................

Because the pensions (in some way) will shortly depend on it...

Ireland will also have to provide part of the bail-out funding itself from its National Pension Reserve Fund...

That'll end well. :blink:

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http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/8165146/Irish-fury-as-EU-nationalises-Bank-of-Ireland.html

This is starting to get so predictable, there will be no collapse, we will eventually have a Global banking system owned by the Sovereigns, the debt of the Sovereigns will be on the balance sheets of the banks owned by the Sovereigns, the tax payers will be paying off this debt for the next century. Soon we will be taxed to pay off our own Sovereign debt which is on our own Sovereign banks balance sheet, they are basically shifting the liabilities from the banks to the tax payer by allowing the tax payer to own the banks, so it is in our own interest to pay the debt down as we own the banks................

This seems like theft to me. :blink:

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Then the sovereigns will go bust...

...oh they already are.

P.s. It's nationalising, the over use of Z's is such an Americanisation of the English language.

[Pedant mode on] The use of the Z in this and similar cases is actually 'old' English, and quite common up to the second world war. [/pedant mode off]

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privatise the profits socialise the losses

:angry:

What an exciting few months/years this is going to be, the whole thing is a ticking time bomb....

Did anyone watch ITV news when the bailout was unfolding for Ireland? The news reader woman finished off with "Atleast with a bailout in place, this could spell the end of the banking crisis"

Is she fecking mad? It's just the beginning :P silly mer

Edited by jones87

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[Pedant mode on] The use of the Z in this and similar cases is actually 'old' English, and quite common up to the second world war. [/pedant mode off]

Quite correct, indeed it is arguable that in many cases American English is more proper English than modern day contemporary British English.

Coronation street is exclusively to blame for this phenomena.

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Oooooooooooops Saturday night, a glass of bubbly.....................

At least the outcome will be a Global Sovereign Banking Elite owned by us the taxpayer, paid for by us the tax payer but profits going not to us but to the bond holders....

NO Haircuts there then move along, nowt to see here?

And just who do people think the bond holders are?

Bonuses all round while the bankers skim the owners and producers of wealth...THATS the problem..

Edited by Bloo Loo

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[Pedant mode on] The use of the Z in this and similar cases is actually 'old' English, and quite common up to the second world war. [/pedant mode off]

And still correct in many cases according to the Oxford dict.

I used to write for a big UK publisher whose house style included a lot of 'ize' endings ('realize' was one that cropped up a lot). When I first found out I was about to make a very indignant complaint to my ed. about Yankifying the language - but thought I'd just check my big fat Oxford first.

Just as well I did - making a t*t of yourself is not exactly the best way to start with a new publisher. :)

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Quite correct, indeed it is arguable that in many cases American English is more proper English than modern day contemporary British English.

Coronation street is exclusively to blame for this phenomena.

Phenomenon

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I ponder you'll thee will find it's it be fpelt 'olde'. For they know not how it be fpelt.

fix-ed for thee.

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State owned banks. That's going to be one hell of a monopoly.

I wonder how long before the Giant Squid becomes state owned?

i think you are confused...they own the States already....Now the World is in their sites.....Muuwahahahahaaaaaa!

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i think you are confused...they own the States already....Now the World is in their sites.....Muuwahahahahaaaaaa!

Perhaps, but maybe the Giant Squid will be getting new owners. Politicians love power and seizing Goldman would be a nice coup.

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  • 149 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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