Quote from: jaysabi on April 20, 2016, 02:39:41 AM

Quote from: stan.distortion on April 16, 2016, 08:35:27 PM

Quote from: Pab on April 16, 2016, 08:19:29 PM

US Industrial data are showing that USA is entering in recession,no doubt about,data are the same ike in the
begiing of any previous recession
So no more rates increase and what,lowering rates,negatives rates,new QE
Dead end

No no, everything's fine, nothing to see here at all. In fact, I'd suggest giving our bankers a bonus for keeping everything so stable and secure. That was pretty much the message in 2007 but I doubt taxpayers will be so easily fooled into footing the bill this time around.

You make it sound like the taxpayers have a say in the matter. There was no referendum in 2008. Things were just done without much consideration of how politically popular the actions were.

I'm sure it was considered, probably much in the same way as the popularity of the Iraq war was considered, ie. "how much can we get away with?".
Here's how one of Irelands biggest banks added up the numbers:
http://www.zerohedge.com/news/2013-06-24/anglo-irish-picked-bailout-number-out-my-arse-force-shared-taxpayer-sacrifice