David McWilliams: Taking home the Canadian bacon
Irish investors will suffer again as Ireland’s largest private landlord bides its time to cash in
Why do you think the share price of Bank of Ireland, Ireland’s least bust bank, has been falling dramatically? Obviously, there are clear international factors at play, such as negative interest rates, but could there also be some significant local factors?
Could it be that the market has realised that a banking/land/credit crisis that started with Irish investors being overleveraged to expensive Irish property financed by the Irish banks, will end with Irish investors...
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