We are getting hosed in the US on our Savings account interest rates

Another thing that I noticed on my trip to Ireland is that we are getting hosed on our savings account interest rates. My HSBC account pays me just over 3%. If I had a Halifax account I could get up to 7.25%. The US just can't compete in the equities market anymore. I wonder why nobody is covering this. I think it would be good information to know. I wouldn't mind putting my money in Euros or Pounds. US currency is going down the hole based on what I saw overseas.

Check out the Halifax.ie rates. It will piss you off.

Halifax Rates

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Ireland and the UK is feeling the fallout from the mortgage mess in the US

I just returned from a trip to Ireland. I live in Arizona and coming from the desert I was in for a real shock. It just wasn't the weather or all the greenery. One thing I noticed from city to city was the amount of real estate for sale signs everywhere. This was even the case in the Isle of Man where I saw tons of Chrystals signs all over. There were Sherry Fitzgerald signs on every corner in Ireland. Sherry Fitzgerald is one of the biggest real estate companies in Ireland. I was told that Ireland is always six months behind of whatever the United States is doing. If this is the case they are in for a bumpy ride. I know that in Arizona this is still a huge inventory that needs to be dealt with before the market can turn around here.

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