Tag: liquidity
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How do we solve a problem like Mario?
Has the European Central Bank gone feral? If it has this is an appalling vista, and with which must be dealt with. But its not clear how.
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Minister says NAMA can continue to operate even if balance sheet-insolvent
Bankruptcy is no bar to NAMA it seems, as the minister suggests that solvency = liquidity. Hmmm… that sounds awfully like what we heard re banks in 2008…