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Catchword for “Delaware effect”
Catchword: Delaware effect
Filed Under: , ,
Part of Speech: n.
Quotation: The Irish government has thrown everybody (and that includes Sarkozy and Merkel) off track by guaranteeing every last penny in its banks. The risks run by this kind of unilateral action inside the European Union are typified by what is called a Delaware Effect. People might rush money out of some banks to move them into Irish banks in order to benefit from this guarantee.
Article or Document Title:
“J’accuse: Das Kapital… (Kein Kapital)” (URL)
Author:
Jacques René Zammit
Article, Document, Publication, Web Site:
Malta Independent Online
Date of Publication:
Oct. 5, 2008
(This date is uncertain. It is either not given, unclear, or unreliable in the original source.)
This catchword has yet to be researched.
Posted 9 Oct 08 | Permalink | Tell a Friend

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