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Anglo Irish is nationalised

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  • gozomark
    gozomark Posts: 2,069 Forumite
    bryanb wrote: »
    Tell that to the iceland savers in Guernsey. Also to the County councils (us) who invested in the Icelandic bubble.

    Ireland is not Iceland
  • stevetodd
    stevetodd Posts: 1,016 Forumite
    bryanb wrote: »
    Tell that to the iceland savers in Guernsey. Also to the County councils (us) who invested in the Icelandic bubble.

    That was completely different because the Icelandic banks were bigger than Iceland's economy
  • gozomark
    gozomark Posts: 2,069 Forumite
    the Irish banks are bigger than the Irish economy - the same is true for the UK (and Switzerland, and the US, and Japan and....)
  • cos69
    cos69 Posts: 413 Forumite
    gozomark wrote: »
    Deposits with Anglo Irish are even safer now than they were yesterday, and they were safe yesterday

    Yesterday your deposits were covered by the Irish government under their 100% compensation scheme - today they are covered by the Irish government; so no change there !
    "How could I have been so mistaken as to trust the experts" - John F Kennedy 1962
  • gozomark
    gozomark Posts: 2,069 Forumite
    the difference is that yesterday they were only guaranteed for less than 2 years.
  • bryanb
    bryanb Posts: 5,030 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    gozomark wrote: »
    Ireland is not Iceland

    Also Ireland is not Britain, I'm perfectly happy for you to save/invest there.
    This is an open forum, anyone can post and I just did !
  • gozomark
    gozomark Posts: 2,069 Forumite
    who said anything about investing ??
  • cos69
    cos69 Posts: 413 Forumite
    gozomark wrote: »
    the difference is that yesterday they were only guaranteed for less than 2 years.

    :rotfl: good point, the Irish government will now honour that pledge in perpetuity
    "How could I have been so mistaken as to trust the experts" - John F Kennedy 1962
  • bryanb
    bryanb Posts: 5,030 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    gozomark wrote: »
    who said anything about investing ??

    Getting pedantic now. Call it what you will.
    This is an open forum, anyone can post and I just did !
  • Andrew64
    Andrew64 Posts: 425 Forumite
    My brother-in-law is an economics lecturer and he has just sent me the "joke" that's doing the rounds in the banking world:

    "What's the difference between Iceland and Ireland? One letter and six months!"
This discussion has been closed.
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