Chart of the Day: Ireland’s Silent Bank Run

We found this great chart posted over at New N Economics by Rebecca Wilder.  She points out the non-financial corporates have been fleeing Irish banks since 2007 and households 2010 to the tune of 14 percent of GDP.    Irish banks now borrow about one quarter of what they lend from the ECB,.   The ECB  exposure to Irish banks is  more than Euro 100 BN, or close to 100 percent of the country’s GDP.

(click here if chart is not observable)

This entry was posted in Black Swan Watch, Monetary Policy, PIIGS, Sovereign Debt, Sovereign Risk and tagged , , . Bookmark the permalink.

1 Response to Chart of the Day: Ireland’s Silent Bank Run

  1. Pingback: Chart of the Day: Ireland’s Silent Bank Run | The Garden of Princess Aileen 心灵的驿站

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