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RBS

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    RBS

    Anyone still got money in there? What happens if Ireland goes under, and brings RBS (who apparently are heavily exposed) down with it? Does the UK govt (ie us the taxpayer) have to bail it out again?

    Genuine questions - there seems to be a lot of speculation out there. It'd be interesting to know the answers.
    Speaking gibberish on internet talkboards since last Michaelmas. Plus here on Twitter

    #2
    Ireland isn't going under without dragging the rest of Europe with it.

    Therefore, you'll probably be alright.
    ‎"See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."

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      #3
      Originally posted by MrMark View Post
      Anyone still got money in there? What happens if Ireland goes under, and brings RBS (who apparently are heavily exposed) down with it? Does the UK govt (ie us the taxpayer) have to bail it out again?

      Genuine questions - there seems to be a lot of speculation out there. It'd be interesting to know the answers.
      Mmm RBS exposure to the IR is only a few billion.

      IR appears unlikely to go bust, they're already talking about bailout cash

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        #4
        Originally posted by Moscow Mule View Post
        Ireland isn't going under without dragging the rest of Europe with it.

        Therefore, you'll probably be alright.
        There's been a lot of talk about Europe going under too

        Comment


          #5
          Originally posted by TimberWolf View Post
          There's been a lot of talk about Europe going under too
          Mmm the Euro may go down, but not convinced the EU will fail.

          Comment


            #6
            Didn't Gordo increase the amount of compo we get (correction -we pay out via taxes) when a bank goes under? Could prove to have been his worst policy....
            Speaking gibberish on internet talkboards since last Michaelmas. Plus here on Twitter

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              #7
              How long does it take to "print" 100 trillion pounds?

              We could bail out the World a million times over.

              I wouldn't worry.

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                #8
                Interestingly, I heard that there is no central printing press for Euros, each country prints their own.

                So the Irish could start their own QE if they felt like it...
                ‎"See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."

                Comment


                  #9
                  Northern & Southern (+Ireland) Euros - the only way
                  How fortunate for governments that the people they administer don't think

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                    #10
                    Can't be bothered to check obviously but seem to recall National Savings and Post Office accounts are with the Bank of Ireland.
                    bloggoth

                    If everything isn't black and white, I say, 'Why the hell not?'
                    John Wayne (My guru, not to be confused with my beloved prophet Jeremy Clarkson)

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