Here are two telling charts rarely seen side by side:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEicgNsI-WAgvaRxOzxyrgon4XhMEaHuT6yqK1cMYCohHBj_2-MB-INwKge6QwU5mC7xcRWc8p6YLao8LPmdH3oZQe7h-zjnQKGSQTNbhIaRqxus2WrrphAwJk93AO1SLBEePfwX5xIEj9Cm/s280/Screen+shot+2011-03-02+at+00.12.56.png)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjcHc865cz3fSiJ2ZKpqjpOkvGRTI9Rqa9WG1zyIFxAzxsTfC_bUv7QgJM5D_H5qdfVFA9WgK6Q63HrTpuR-Qv-fdU0EJnJYuED4xoDLi_83WkzoyrKkFWTmLDVUioqGWrJ87UNypNknS6e/s280/Screen+shot+2011-03-02+at+00.13.09.png)
- Total deposits from non-residents fell 36.35% year on year in January 2011 (€190.88bn) and 3.71% mom (€12.685bn)
- Private sector deposits from non-residents fell 22.89% yoy (€22.888bn) or 0.79% mom (€0.616bn)
- Total private sector deposits from Irish residents declined 9.05% yoy (€16.613bn) and 0.82% (€1.6387bn) mom
- No media outlet to my knowledge told us just how much distrust in our financial system do foreigners have
No surprise really. I mean, what non-resident would want to leave deposits in Irish banks?!
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