Irlanda: le comiche del BUCO....

Verrebbe da ridere....non ci fosse da piangere.
Chi ha visto la mia presentazione al BlogEconomy Day (disponibile su Youtube)
non avrà problemi a comprendere le fondate PREOCCUPAZIONI del Governatore della Banca Centrale Irlandese....;-)
Irlanda: Honohan, il sistema bancario potrebbe nascondere ulteriori perdite
Finanzaonline.com - 29.11.10/15:16
"Nonostante un controllo constante sul sistema bancario irlandese, e nonostante non ci siano indizi di possibili buchi, le banche irlandesi potrebbero registrare ulteriori perdite". Lo ha dichiarato oggi Patrick Honohan, n.1 della Central Bank of Ireland......
Ho come l'impressione....;-) che Honohan si stia riferendo alla LEVA esasperata ed al bubbone dei MUTUI irlandesi, che ancora non è esploso in tutta la sua virulenza.
Vedi alcune mie slides:



Vedi anche il seguente articolo
Here Are The Ugly Details Behind The Irish Mortgage Crisis
Nov. 8, 2010, 9:50 PM
Everyone is still talking about the column from economist Morgan Kelly in the Irish Times regarding the Irish debt crisis, and the coming bankrupting of the country.
As you'll recall, one his warnings was that Ireland would soon experience a mortgage crisis, the likes of which it hadn't seen yet.

This evening WSJ follows up on Kelly's piece with some more stats:

A rising tide of Irish households has been falling behind on their mortgage payments. More than 36,000 borrowers, representing 4.6% of Irish mortgage loans, were at least 90 days behind on their loans as of June 30, according to Ireland's financial regulator. That compares with 26,000, or 3.3%, nine months earlier. Data for September, due next month, is expected to show another rise but remain below the U.S. rate, which was above 9% in June.

In a foreboding sign, nearly 200,000 Irish mortgages—about one of every four outstanding home loans—is expected to be "underwater" by the end of the year, according an estimate made earlier this year by David Duffy, a research officer at the Economic and Social Research Institute in Dublin. That means the outstanding loan balance will be greater than the underlying value of the home, increasing the odds that borrowers will default. If the house-price decline becomes even more calamitous, Mr. Duffy said in a March paper, some 350,000 homeowners could be underwater.

Read the whole thing >