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Saturday, January 22, 2011

End of Euro? ... Ireland Prints Own Notes

Emergency lending from the ECB to banks in Ireland fell in December, the first decline since January 2010, but only because the Irish Central Bank stepped up its help to banks. The Irish Independent learnt last night that the Central Bank of Ireland is financing €51bn of an emergency loan programme by printing its own money. ECB lending to banks in Ireland fell from €136.4bn in November to €132bn at the end of December, according to the figures released by the Irish Central Bank yesterday. At the same time, the bank increased its emergency lending by €6.4bn, bringing the total it is owed to €51bn. – UK Independent

Dominant Social Theme: The heck with a single currency. Oh, wait ... let everyone print it.'

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1 comment:

  1. Greetings, we meet once again;

    Firstly, one must understand; how the realm border crossing is beginning to separate the healing feminine ethical aspect of creation, the sheep, Sophie, right hand, East, the service to
    other-selves candidates, that are non-desirous to possess other-selves from the current war torn religious/political Hell, fire and damnation crusaders with the "them" against "us" masculine moral goat mentality, left hand, service-to-self, West that is desirous to control all of creation.

    Once one understand this, this one then begins to understand what is taking place on this planet.

    The very best to you on your journey of discovery,

    Travis @ http://www.focusonrecovery.net

    ReplyDelete

Thanks for your comment it is much appreciated.