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Le coût du plan de sauvetage des
banques irlandaises dépasse désormais les 142 milliards de
dollars. Pire, le nouveau gouvernement irlandais a totalement plié
devant l’Union Européenne et va tenter de faire supporter le
coût de l’intégralité de ce plan au contribuable
irlandais.
Quel était donc le point, lors du
vote, de bouter hors du gouvernement
l’intégralité des imbéciles du gouvernement
précédent si les nouveaux idiots qui les remplacent font
exactement la même politique ?
L’Euro a réagi positivement
à cette nouvelle, ainsi qu’à la hausse des taux
annoncée par Trichet. Bien
évidemment cette hausse de taux va exacerber les problèmes de
la Grèce, de l’Irlande, du Portugal et de l’Espagne.
Je maintiens ma position, à savoir que
« ce qui ne peut pas être remboursé ne le sera
pas ». Le timing est incertain, mais Nuriel
Rubini l’a formulé
intelligemment : « à un certain moment,
l’échine des gouvernements sera rompue ».
Je me permets d’ajouter que les
échines des contribuables le seront également.
La seule question pertinente est de savoir
combien de temps les électeurs continueront à subir des
politiciens acceptant tout des banquiers.
Vous trouverez ci joint un article révélateur
: Ireland Bows to Trichet on Bondholders as
Bank Rescue Reaches $142 Billion
Ireland yielded to
the European Central Bank to protect bondholders even as its bailout bill for
the region’s worst banking crisis moved to as much as 100 billion euros ($142 billion) after stress tests.
The ECB in Frankfurt was “solidly opposed” to imposing losses on
investors in senior bank debt, Finance Minister Michael Noonan told
broadcaster RTE today. The ECB agreed to provide “ongoing”
funding for the banks, he said.
Ireland agreed yesterday to inject as much as 24 billion euros
into four banks, while leaving bondholders untouched. The government already
funneled 46.3 billion euros into the financial
system and set up an agency that paid more than 30 billion euros to assume risky property loans. The total equates
to about two-thirds the size of the Irish economy.
During an election campaign last month, Eamon
Gilmore, now deputy prime minister, dismissed ECB
President Jean-Claude Trichet as a “civil
servant” who would answer to politicians. As recently as March 28,
Agriculture Minister Simon Coveney said the
government planned to impose losses on senior bondholders in the banks to cut
the costs of its bailout.
“Taking all of the losses of the banking system and putting them on the
balance sheet of the government doesn’t make sense,” Nouriel Roubini, co-founder of Roubini Global Economics LLC, said today in an interview
from Cernobbio, Italy, with Maryam
Nemazee on Bloomberg Television’s “The
Pulse.” “Eventually, the back of the government will be
broken.”
“Rather than go after over 20 billion euros
in unguaranteed bonds, the government is making ordinary citizens bear the
burden of this debt,” Gerry Adams, leader of nationalist party Sinn
Fein, said in statement today. “Rather
than act in the interests of the Irish people they are acting in the interest
of the banks.”
Mish
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