Tuesday, March 27, 2012

27/3/2012: One song, two charts... oh, dear

So long and thanks for all the fish
So sad that it should come to this
We tried to warn you all but oh dear

You may not share our intellect
Which might explain your disrespect
For all the natural wonders that
grow around you

So long, so long and thanks
for all the fish...


Do spot that Bank of Ireland name in the above.

via FTAlphaville today's suckers are European taxpayers and economies as the 'dolphin' of Irish banking are stuck in high gear shifting ELA funding for ECB funding. And don't forget that IL&P too dipped in for a cool 2bn (here).And that, of course is translating into the brilliant 'reduction' in Irish banks ELA debts as detailed in the chart here (H/T to AD).

A game of shells big enough to:

The world's about to be destroyed
There's no point getting all annoyed
Lie back and let the planet dissolve
Around you...

Well, may be not the world, but enough to toast Irish economy.

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