Tag Archives: Bank Runs

Chart of the Day: Ireland’s Silent Bank Run

Posted on July 20, 2011 by macromon

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 … Continue reading →

Posted in Black Swan Watch, Monetary Policy, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , | 1 Comment

Nowhere to Hide…

Posted on July 16, 2011 by macromon

Larry Summers understands the risks the game Congress is playing with on lifting the debt ceiling.   Bloomberg writes, Summers said a potential default makes him worry about “runs on banks, runs on money market funds,” exchanges facing “the prospect … Continue reading →

Posted in Black Swan Watch, Budget Deficit, Fiscal Policy, Sovereign Debt, Sovereign Risk | Tagged , , , | 2 Comments