Bailout another example of imprudent banking

IF YOU could actually get a loan from a bank now, it would be on the basis that you were loaded and didn’t need it. From the bank’s point of view, they would be super confident that you could afford to repay it.

They would be sure that you would pay their interest rate on the loan also, which is vital, because that is how they make their profits.

It’s confusing then that the EMU/IMF are loaning Ireland money when we actually do need it, we’re broke and we haven’t got a chance of ever repaying it. It appears to be yet another example of imprudent banking.