Do we work for the banks, or make them work for us?
Banks are on the way back. AIB will be sold within a year. Bank of Ireland is set to make a €1 billion profit.
We’d like overdrafts and short-term loans for plumbers again. The odd SME loan. Little plastic savings boxes and stickers for kids. We want them to repair their balance sheets and recoup their losses, without causing too many of their customers crippling psychological damage. All that.
It would also be just super of them not to blow up again with cheap inter-bank loans from Britain and Europe, cause an unsustainable asset bubble based on flipping ...
