Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Irish bank lending not doing so well

  • 02-05-2016 8:03pm
    #1
    Closed Accounts Posts: 6,363 ✭✭✭


    Here is a publication from the examiner detailing the current situation in the Irish economy as it does not look rosy.
    http://www.irishexaminer.com/business/bank-lending-continues-to-contract-384861.html

    I'm not here to make political point scoring but the facts don't lie. Despite the progress that was made at ECB level to improve the banking picture we still have economic problems.

    I am sick and tired of people talking and waffling on about social housing when the banks are finding it difficult to lend to the economy. People are getting way too complacent.

    We might be the most successful economy in the EU thus far but that will not last and it certainly won't last if we don't pay attention to the market and what it is showing. People don't like looking at the stock market because it never paints a good picture. But look at bonds. When the next president comes to power in America we will have drastically different economic policy. They will have to make changes to their economy. We cannot afford to languish in the dark ages of financial illiteracy.


Comments

  • Registered Users, Registered Users 2 Posts: 4 PeterHands


    Helicopter money coming soon for the EU..

    Well more than they are currently doing anyway.
    Currency wars haven't even started properly yet.


Advertisement