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Financial costs of banking crises

Amplify’d from www.thepeakeffect.com

>> August 17, 2011 – 

bank,
crisis,
Economy,
finance,
Ireland,
south korea,
subprime,
USA

An Interesting chart form Standard & Poor’s on the cost of bank bailouts, hardly surprising that Ireland has trashed more than 30% of its GDP in keeping alive Irish zombie banks but a surprising result is South Korea which appears to be facing the same faith of Ireland on this aspect.

Read more at www.thepeakeffect.com

 

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