It seems like the nationalisation of our “dear” 
banking sector is still a possible outcome.
In the light of yesterday’s OECD report, that likehood has increased, IMO. Not now, but probably in a year, or two, after NAMA fails.
Anyone got any idea how much would the total price tag of such an operation be now?
Or more generally… would it cost more or less than NAMA?
ECB wouldn’t fund it and we need “private” banks to buy NTMA bonds to do the switch and bait with the ECB.
Game over.
Please insert 50 cents or €54 billion to continue.