{"id":1,"date":"2016-02-01T13:00:13","date_gmt":"2016-02-01T13:00:13","guid":{"rendered":"http:\/\/publicbankingalliance.ie\/?p=1"},"modified":"2016-02-07T15:00:48","modified_gmt":"2016-02-07T15:00:48","slug":"hello-world","status":"publish","type":"post","link":"https:\/\/publicbankingalliance.ie\/?p=1","title":{"rendered":"In a Nutshell."},"content":{"rendered":"<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-357\" src=\"https:\/\/publicbankingalliance.ie\/wp-content\/uploads\/2016\/02\/Nutshell.gif\" alt=\"Nutshell\" width=\"224\" height=\"161\" \/>This was written as Text message for a friend.<\/strong><\/p>\n<p>Germany has nearly 70% Public Banks, 42% public n 26% Co-op banks. Small banks that are the back bone of the German economy, the 4th biggest in the world. 3 banks in Ireland have over 90% of the marked. They basically control the country by controlling the money supply. Further restrictions are being put on the Credit Unions by government n the central bank continuously to prevent them competing. The CUs cannot survive under their current model. Their funds of prob \u20ac7bn are by by law held in the private banking system, returning just <a href=\"tel:0.9\">0.9<\/a>%. Lending is down over 50%. The CUs could setup regional banks, take back their funds n lend them for productive purposes in the communities. A public banking system takes no profits out of the economy, the private system continually takes between 30% &amp; 40% of the profits of the economy.\u00a0 The Public Banking Forum of Ireland, now joined by the Public Banking Alliance are working to introducing a network of 10 Regional Public Banks across Ireland to support communities n SMEs who provide over 70% of all jobs.\u00a0The Post Offices Network could be used as Service Outlets fr the PB&#8217;s.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This was written as Text message for a friend. Germany has nearly 70% Public Banks, 42% public n 26% Co-op banks. Small banks that are the back bone of the German economy, the 4th biggest in the world. 3 banks<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/publicbankingalliance.ie\/index.php?rest_route=\/wp\/v2\/posts\/1","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/publicbankingalliance.ie\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/publicbankingalliance.ie\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/publicbankingalliance.ie\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/publicbankingalliance.ie\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1"}],"version-history":[{"count":9,"href":"https:\/\/publicbankingalliance.ie\/index.php?rest_route=\/wp\/v2\/posts\/1\/revisions"}],"predecessor-version":[{"id":398,"href":"https:\/\/publicbankingalliance.ie\/index.php?rest_route=\/wp\/v2\/posts\/1\/revisions\/398"}],"wp:attachment":[{"href":"https:\/\/publicbankingalliance.ie\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/publicbankingalliance.ie\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/publicbankingalliance.ie\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}