<transcript><audio_6>some value on its own um I just think it's completely unrealistic to keep pouring money down this Rat Hole when in fact the real issue may be that nobody has enough money to bail out Italy um it may be interesting also to</transcript><transcript><audio_7>ponder the different experiences between Ireland and Iceland uh in the banking area you know lately as you know there have been a lot of questions about uh what's the best way to deal with the banks that are facing these tremendous difficulties the Irish of course did a</transcript><transcript><audio_8>universal uh Bank guarantee which directly leads to the P pitiful condition of the country today Ireland on the other excuse me Iceland on the other hand dealt with this matter by creating good Banks and</transcript><transcript><audio_9>bad Banks uh and that turned out to be a much less painful much shorter process uh to address uh lastly on this area uh rapid M2 growth is not a sign of inflation in through here because we</transcript><transcript><audio_10>believe that there's been a shift from large uninsured deposits to smaller insured deposits so we're not concerned about this uh money supply change as being particularly inflationary um our final comment today</transcript> some value on its own um I just think it's completely unrealistic to keep pouring money down this Rat Hole when in fact the real issue may be that nobody has enough money to bail out Italy um it may be interesting also to ponder the different experiences between Ireland and Iceland uh in the banking area you know lately as you know there have been a lot of questions about uh what's the best way to deal with the banks that are facing these tremendous difficulties the Irish of course did a universal uh Bank guarantee which directly leads to the P pitiful condition of the country today Ireland on the other excuse me Iceland on the other hand dealt with this matter by creating good Banks and bad Banks uh and that turned out to be a much less painful much shorter process uh to address uh lastly on this area uh rapid M2 growth is not a sign of inflation in through here because we believe that there's been a shift from large uninsured deposits to smaller insured deposits so we're not concerned about this uh money supply change as being particularly inflationary um our final comment today
{"source": "grass-yt-cc-by.0li7XPqvxfo|shard_10051_61|create_multimodal_data.extract_yt_and_generate_transcripts.15|shard_10051|create_multimodal_data.generate_captions.25|shard_10051|create_multimodal_data.generate_captions.5", "params": {"id": "0li7XPqvxfo", "channel_id": "UCV7CLjGPPpZ-0kGA4ggjdFw", "duration": 223, "view_count": 58, "age_limit": 0, "like_count": 2, "channel_follower_count": 34, "license": "Creative Commons Attribution license (reuse allowed)", "uploader_id": "@9tubaman", "yt_tar_file": "/leonardo_work/EUHPC_E03_068/audio/fixed_download/grass-yt-cc-by//shard_10051/0li7XPqvxfo.tar.gz"}}