Monday 26 February 2018

Our bank bailout bill just doesn't add up

The final cost of the US bank bailout is €65bn. The ESRI just announced our bank bailout will be €73bn.

America has a population of 350 million people. We have a population of four million people.

America allowed Lehman Brothers to go bankrupt, even though it was systemically important -- as the subsequent stock market crash proved.

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