Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi all! We have been experiencing an issue on site where threads have been missing the latest postings. The platform host Vanilla are working on this issue. A workaround that has been used by some is to navigate back from 1 to 10+ pages to re-sync the thread and this will then show the latest posts. Thanks, Mike.
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Is the world ending?

  • 15-09-2008 10:58pm
    #1
    Dave!
    Closed Accounts Posts: 27,857 ✭✭✭✭


    The world economy seems to be going crazy these last few days :confused: I'm not one to follow economic news, but in the last few months there have been all sorts of institutions going bust, Northern Rock, Fannie Mae, Freddie Mac, AIG, Lehmann, about 30 airlines......

    Can someone explain to a layperson what this could/will lead to, or how it might affect Ireland?

    Cheers!


«1

Comments

  • #2
    Danno
    Registered Users, Registered Users 2 Posts: 8,913 ✭✭✭Danno


    A world recession is on the horizon if things keep going the way they are, or if not a world one, then definately a Western World one. Its high time we got over our attachment to the USA and try and get off the Oil drip from the OPEC guys. We should be investing in home grown energy products, especially offshore ones. Another semi-state needs creation to persue green power/clean power.


  • #3
    justmehere
    Registered Users Posts: 143 ✭✭justmehere


    But not too worry - the LHC is due to start colliding protons this Wednesday which will create a black hole and suck the world into it.

    That's one way of avoiding a recession. :D


  • #4
    g5fd6ow0hseima
    Closed Accounts Posts: 2,787 ✭✭✭g5fd6ow0hseima


    Im so happy with all this economic turmoil, it might bring the Irish people down a peg or two.

    Its great how the average joe has now realised how economically vulernable we are, and have been for the past few years.

    Im hoping its recession 1929, and the government turns to focusing on social programs, and I can say 'thats what we deserve when a country like Ireland embraces capitalism'

    but yeah, on a serious note, looking at the words of Max Kaiser - "It is only a doomsday scenario for America and Britain that have been living on borrowed money for generations."; I feel we really are in for a hard time in the coming years, I wonder how will our country actually cope without the large MNCs in bad shape, and worst of all, what will become of Irish materialism and all it brought with it?


  • #5
    suckslikeafox
    Registered Users, Registered Users 2 Posts: 553 ✭✭✭suckslikeafox


    *everybody together* "Its the end of world as we know it....."


  • #6
    estebancambias
    Closed Accounts Posts: 5,103 ✭✭✭estebancambias


    i wish this was youtube and i could give you a thumbs down suckslikeafox. sorry but i just shook my head in disgust when i read that.


  • Advertisement
  • #7
    suckslikeafox
    Registered Users, Registered Users 2 Posts: 553 ✭✭✭suckslikeafox


    estebancambias wrote: »
    i wish this was youtube and i could give you a thumbs down suckslikeafox. sorry but i just shook my head in disgust when i read that.

    Not my proudest comedy moment il admit, but a bit harsh dont ya think


  • #8
    estebancambias
    Closed Accounts Posts: 5,103 ✭✭✭estebancambias


    In hindsight.....no it wasn't.

    nah to be honest when i read it i got a little shimmer in my eye....good work sucks...


  • #9
    leninbenjamin
    Closed Accounts Posts: 8,983 ✭✭✭leninbenjamin


    Celia Obnoxious Income wrote: »
    Im hoping its recession 1929, and the government turns to focusing on social programs, and I can say 'thats what we deserve when a country like Ireland embraces capitalism'

    you mean the kind of socialism that nearly bankrupted the country and left us decades behind our European counterparts in terms of development while doing little to solve the problem of poverty?

    wise up man. Dev's ideals are dead and thank f*ck for that.


  • #10
    damnyanks
    Registered Users, Registered Users 2 Posts: 4,276 ✭✭✭damnyanks


    Needless to say we are ****ed.

    US is ****ed
    UK is gonna be ****ed
    Spain is ****ed
    Ireland is ****ed

    a lot of change is coming. It's going to be tough. I'd get rid of any debt you have ASAP.


  • #11
    derry
    Banned (with Prison Access) Posts: 1,380 ✭✭✭derry


    damnyanks wrote: »
    snip...

    US is ****ed
    UK is gonna be ****ed
    Spain is ****ed
    Ireland is ****ed

    Should read

    US is ****ed

    therefore

    UK is gonna be ****ed
    Spain is ****ed
    Ireland is ****ed

    Lets see out of the top 6 banks in the USA (all of them with funds that make Irealnd look like a fly on a dog ) now 3 have gone belly up two rescued and in deep crap and bought out cents on the dollar and one left to go under

    All part of the policy of those at the top to take over all the wealth

    example of section of the economy houses

    First they own all the land and they sell of parts of it

    Then they loan out money for hapless twots to buy houses and then collapse the economy when the time is right

    Then as they own and control the money supply they can buy back half the house for pennies on the dollar

    Now they own most all land back for cent on the dollar now with houses on it and they are still owed money from hapless twots who built or bought the houses and thye can collect rent from it or sell it later when they put the economy back up



    The same Example applys to Industry and property and wealth generaly

    The world for the poor has for many ended sooner than it would have
    instead of the 40,000 a day each day to die from hunger from this Neo nazi killing machine called world free trade we can expect it to ramp up a lot more

    The world for the 20% of the poverty living in ROI could ramp up to 50% or more even 75% which should ramp up the Irish poor killing machine qwhich is on a smaller scale called trollys in hospital and lack of welfare money

    The world for the mega rich to squash and exterminate the poor world wide has ramped up:pac::pac::pac::pac:

    As long as we go along with the capitalist killing machine expect the risk to be eaten alive from it


    The world population is now 8 billion
    The figures suggest that the world can support easily ten times that figure some 80 billion

    Those who control the show want to reduce world population to 2 billion as they risk to lose control of the world financial systems with increasing population

    So only one in four can be allowed to live in Ireland is the overall plan

    Derry


  • Advertisement
  • #12
    damnyanks
    Registered Users, Registered Users 2 Posts: 4,276 ✭✭✭damnyanks


    thats an interesting theroy


  • #13
    mike65
    Closed Accounts Posts: 88,972 ✭✭✭✭mike65


    Eh? The worlds population is 6.5 billion and will max out at about 8 billion (beyond that there is not enough fresh water or productive sustainable land to keep more of us alive).

    Mike.


  • #14
    derry
    Banned (with Prison Access) Posts: 1,380 ✭✭✭derry


    damnyanks wrote: »
    thats an interesting theroy


    Thats what the hapless jews said to those who were leaving nazi germany saying if you stay they will kill you and 6 million jews ignored the signs


    Now if your like me not in the top 25% of the Irish wealth system then things might be world is ending for those 75% if the plan from on high from force major gets put into full swing

    Derry


  • #15
    derry
    Banned (with Prison Access) Posts: 1,380 ✭✭✭derry


    mike65 wrote: »
    Eh? The worlds population is 6.5 billion and will max out at about 8 billion (beyond that there is not enough fresh water or productive sustainable land to keep more of us alive).

    Mike.


    Yep so you agree with the guys who are out to wipe you out

    I been in countries and they count the population with aircraft flying over head every house has 4 people

    BULL CRAP the world population is at least 20% more than they say

    The Neo nazi want you to belive that resouces are running out so you wil help to ramp up the killing machine that kills 40,000 a day from slow starvation

    when they finished killing off the poorer world then they will turn on you

    you have been informed so you cant say in the futur I was only following orders to deprive poor Irish of social welfare or throw tehm out of ROI like we did in the 1940's to 1990S neo fachist campain to export hapless poor Irish

    Derry


  • #16
    eamonnm79
    Closed Accounts Posts: 459 ✭✭eamonnm79


    Derry Are you jim Corr?

    I think the situation is extreemly grim, but I think we got here out of a mixture of politicians making economic decissions and greed, but I would like to know your source for the exterminate 3/4 of the population theory.


  • #17
    mike65
    Closed Accounts Posts: 88,972 ✭✭✭✭mike65


    Scary isn't he?

    Mike


  • #18
    mickos
    Registered Users, Registered Users 2 Posts: 298 ✭✭mickos


    eamonnm79 wrote: »
    Derry Are you jim Corr?

    .

    My thoughts exactly on reading his comments.
    I've been reading a lot of stuff of late saying how the powers that be are destroying our economy and some of it is very believable but you'd just have to think people can't possibly have so little regard for the future. Can they?


  • #19
    Belfast
    Registered Users, Registered Users 2 Posts: 1,355 ✭✭✭Belfast


    derry wrote: »
    Thats what the hapless jews said to those who were leaving nazi germany saying if you stay they will kill you and 6 million jews ignored the signs Derry

    Even if most Jews accepted that the Nazis were going to Kill them all( not an easy idea to get your head around before the fact), there we not any countries will to take in 6 million Jews of penny less Jews at the time.


  • #20
    Belfast
    Registered Users, Registered Users 2 Posts: 1,355 ✭✭✭Belfast


    Dave! wrote: »
    The world economy seems to be going crazy these last few days :confused: I'm not one to follow economic news, but in the last few months there have been all sorts of institutions going bust, Northern Rock, Fannie Mae, Freddie Mac, AIG, Lehmann, about 30 airlines......

    Can someone explain to a layperson what this could/will lead to, or how it might affect Ireland?

    Cheers!

    High unemployment possibly 18% to 20%

    High inflation at least as high as the 1980s if not higher.

    Wage freezes.

    Big cuts in state spending and increased borrowing.

    Decrease in the price of housing.

    The only question is will it be like the 1980s or the 1930s.

    It depends on what polices the US an other governments adopt.
    if they repeat the polices of the 1930s the out come will be similar.


  • #21
    leninbenjamin
    Closed Accounts Posts: 8,983 ✭✭✭leninbenjamin


    Derry, the conspiracy theories forum is that way.


  • Advertisement
  • #22
    Fratton Fred
    Closed Accounts Posts: 26,567 ✭✭✭✭Fratton Fred


    Is the world ending? No.

    Is the world as we know it ending? well, if you have a mortgage that is way way way above that which your income can justify, if you have a car loan for a 4x4 that you can hardly afford to fill up and you pay for your weekly groceries on a credit card, which you only pay the minimum off each month, then yes, it is the end of the world as you know it.

    People's wealth should be measured on what they own, what they earn and what they save. Not how much they can borrow from a bank.


  • #23
    SimpleSam06
    Closed Accounts Posts: 4,048 ✭✭✭SimpleSam06


    The main thing I'm worried about is stagflation - no faster way to wipe out your middle class, and then its only a hop skip and a jump to corporate feudalism.


  • #24
    nesf
    Registered Users, Registered Users 2 Posts: 27,645 ✭✭✭✭nesf


    Eh so the independent highly leveraged investment bank model turns out to be a risky affair... Who'd a thunk it.


  • #25
    derry
    Banned (with Prison Access) Posts: 1,380 ✭✭✭derry


    Sometimes when i go to the bog the bottom falls out of my world
    or maybe it is the world falls out of my bottom

    But these news reports hourly economies world wide going down the tube with large reputable banks acting like wreckless maniacs

    even I dont make up that srap

    I am more like your reality check

    This is big crap and weather this is the first swing of a long path downwards or the final swing I don't know but the target the force major are aiming for is ~2 billion so sooner or later they look to aim for this target

    I am to old to really care at this stage so I just pass on that's what I see coming down the track

    Anyway I didn't start the thread

    Anyway look on the bright side if its only 18% unemployment and rerun of the eighties crap then it's survivable event for 82% of the population with 18% at severe risk from deportation depending the regime in power through that period
    Or it might be a whole lot worse than that
    Which way it goes is dependent on the force major and sure is not me as I am just another survivor of the the last few irish government regimes


    Derry


  • #26
    leninbenjamin
    Closed Accounts Posts: 8,983 ✭✭✭leninbenjamin


    derry wrote: »
    This is big crap and weather this is the first swing of a long path downwards or the final swing I don't know but the target the force major are aiming for is ~2 billion so sooner or later they look to aim for this target

    interesting hypothesis, but tell me who is this major force you're on about? the Illuminati? the Knights of Templar? the Aqua Teen Hunger Force?


  • #27
    derry
    Banned (with Prison Access) Posts: 1,380 ✭✭✭derry


    leninbenjamin wrote: »
    Derry, the conspiracy theories forum is that way.


    oh you mean this

    http://www.boards.ie/vbulletin/showpost.php?p=57276486&postcount=15

    coming from that thread

    http://www.boards.ie/vbulletin/showthread.php?p=57276486#post57276486

    but the way the worlds going the lines in the forums are getting blurred when the thread starts for economics is
    "all is Kaput the end is nigh "

    so I came back to say told you so but you never visit those forums all stuck up on how your shares are going up

    Well now the shares are going down the toilet faster than the bottom falls out my world

    Derry


  • #28
    SimpleSam06
    Closed Accounts Posts: 4,048 ✭✭✭SimpleSam06


    leninbenjamin wrote: »
    interesting hypothesis, but tell me who is this major force you're on about? the Illuminati? the Knights of Templar? the Aqua Teen Hunger Force?
    Possibly hes talking about force majeure, a legal term that means basically "act of god"?


  • #29
    derry
    Banned (with Prison Access) Posts: 1,380 ✭✭✭derry


    leninbenjamin wrote: »
    interesting hypothesis, but tell me who is this major force you're on about? the Illuminati? the Knights of Templar? the Aqua Teen Hunger Force?


    Take your pick and others to boot

    Its estimated that 10,000 people decide everything so one of these 10,000 controls 1,000,000 peoples future so 4 people decide ROI future and your future unless your one of those four who decides that future

    What you can see the foot prints they leave with selections and influence of university proffessors who are pro population control and leaning right wing
    Their choice of who pulls the major economic strings

    Their choice of barbaric capitalizm methods in third world which destroys populations and polutes huge regions and then blame the locals for it when it was really the policy they inflicted on the victims

    If you open your eyes you will see the spreaders of these evil anti human thoughts and see how they control the media to fool you

    Remember GoBalls said tell a lie enoeugh times and when you control all the media the lie becomes the truth and a fact


    So who been telling you work hard buy a house the money safe as houses in bricks and mortar


    Remember the average Germn in Nazi Germany thought that he was on the winning side and that the Germans were the good guys and the rest were the bad guys

    Hitler got all his super race ideas from top universities of the time
    Hitler was destroyed but the university bad ideas changed a tad and invented overpopulation and other bad ideas

    The force major influences who comes to the top in white mans universities and banks and everything important so if they want to they find another fall guy jumped up two bit army coperal like Hitler and make mayhem to suit their purposes

    If you can accept that you might be part of the evil forces spreading the evil , and might even be one of the bad guys, and not the goodie two shoes you always thought you were ,
    Then your half way there to seeing how the system is warped to kill 40,000 a day world wide and could contribute solutions to turn the killing machine off

    Derry


  • #30
    drunkmonkey
    Registered Users, Registered Users 2 Posts: 28,330 ✭✭✭✭drunkmonkey


    I think the world has hardly begun let alone ending...pity i'll be dead before the really good times come...

    I hope our Goverment get's it together and starts really winning in foreign investment at a much accelerated rate......this might involve a tiff with the EU but at the end of the day it's all about TU Fein Is Me Fein not Leck mir den Arsch fein recht schön sauber Europeans...

    The housing market is fooked but that needs to happen, the goverment should have never let it get out of control in such a manner, it was reckless managing of our Economy....

    If we can cut down the price and increace the availibility of fuel, drink, cigs and Houses we will have an attractive place to live even if a few of us are unemployed....

    I just hope with all this unemployment people will start going to the pub again...for towns and villages all over Ireland the world as they know it has already ended...The sense of community is shatterd and gone to live in the new estate out the road...


  • Advertisement
  • #31
    Danno
    Registered Users, Registered Users 2 Posts: 8,913 ✭✭✭Danno


    Alot of truth in what you say drunkenmonkey. I remember in the late 80s and early 90s the pubs were teeming with custom in these rural parts with the bhoys on the dole and getting a few cash-in-handers on the side to get the few pints in.

    Good days them were! Everybody went to the local hurling matches, kids played on the streets, everybody helped with the tidy towns competitions etc... Community was evident everywhere.

    However, with the pint hittin €4 a pop now I doubt the pubs will ever be the same again especially with the cheap cans in the offys. People are riddled with mortgages and are working overtime, commuting more so the community is fooked.


  • #32
    derry
    Banned (with Prison Access) Posts: 1,380 ✭✭✭derry


    Danno wrote: »
    Alot of truth in what you say drunkenmonkey. I remember in the late 80s and early 90s the pubs were teeming with custom in these rural parts with the bhoys on the dole and getting a few cash-in-handers on the side to get the few pints in.

    Good days them were! Everybody went to the local hurling matches, kids played on the streets, everybody helped with the tidy towns competitions etc... Community was evident everywhere.

    However, with the pint hittin €4 a pop now I doubt the pubs will ever be the same again especially with the cheap cans in the offys. People are riddled with mortgages and are working overtime, commuting more so the community is fooked.



    Yeah I say start with the local region and get that straight and hopefully the rest of the country will go together

    Buts its a good idea to keep a wary oye on the big piture as the gombeen men who are in power go to EU and learn new ideas how to fook us with new staeth taxxes so we end up working extra hours and comuting extra distances just to keep afloat


    drunkmonkey wrote: »


    snip...

    I hope our Goverment get's it together and starts really winning in foreign investment at a much accelerated rate......this might involve a tiff with the EU but at the end of the day it's all about TU Fein Is Me Fein not Leck mir den Arsch fein recht schön sauber Europeans...

    The housing market is fooked but that needs to happen, the goverment should have never let it get out of control in such a manner, it was reckless managing of our Economy....

    snip....

    This government comes mostly from the previous one and mostly from the one before that and that was when Charlie was in charge off it

    The policy Charily had was ROI needs to tighten its belt while Charlie lived it up

    and the Charley clones dressed in yellow babling innocence at tribinals came from that system

    which begat the new one Cowen who did minister of Finance the well trodden path that Bertie proved is lucrative


    Now we know Cowen has his eye on the big golden egg and wants to carve it up and use it all up so that there will be nothing left in the kitty after Cowen is gone

    reference this thread

    http://www.boards.ie/vbulletin/showthread.php?t=2055370522

    And whats the big golden egg yet to be raided
    Why of course its the 20 billion Euro retiremnt fund that civil servants and others have invested into for the last fourty years

    And when the old go to retire in 10 or twenty years there will be nothing left in the kitty and Cowen will be forgoten like Charlie was ( may he ... in .... for the disfavores he did to Ireland and screw Bertie for having givin Charlie a state funeral) and you hope this lot will find solutions

    what planet do you live on

    20% of the Irish live in poverty earing less than 15,000 euro a year

    Put you head between your legs and kiss your arse goodbye if this government is your hope

    The government wont lose their pensions but everybody else will if you let them :pac::pac::pac::pac:


    Become involved with the keeping an eye on the who is doing what that is not good for Ireland do your best to stop them usualy through media or local politics then the tide might be turned back in Irelands favor

    But the real heros in todays ROI are the farmers and the fishermen who appose the Shell company using its contracts written in secret rooms which steal the irish kids future

    Derry


  • #33
    Flamed Diving
    Closed Accounts Posts: 6,609 ✭✭✭Flamed Diving


    Derry, could you talk some, you know, Economics? This isn't a politics forum.


  • #34
    g5fd6ow0hseima
    Closed Accounts Posts: 2,787 ✭✭✭g5fd6ow0hseima


    leninbenjamin wrote: »
    you mean the kind of socialism that nearly bankrupted the country and left us decades behind our European counterparts in terms of development while doing little to solve the problem of poverty?

    wise up man. Dev's ideals are dead and thank f*ck for that.
    Surely capitalism isnt much different, its based on the exploitation of cheap labour / material from the poorer countries of the world, thats why we 'benefitted' we were poor, now were not, and the MNC boat sets sail to the south.

    With co-operation, socialism is the better alternative for a country like Ireland which has no natural resources (whatever we had has been sold), im not much of a left-winger to be honest, but capitalism is a temporary fix for a vulnerable country like Ireland, we're not Switzerland or Norway. I feel people need a wake up call, and that this economic turmoil will do Irish society a whole world of good. To be honest id love to see the return of the days when we didnt have much money in our pockets so we'd no longer see money as the be all and end all of life. Capitalism is a disease, and a sly one.

    Ireland hasnt even gotten used to money before its already starting to dry up, were not cut out for capitalism, just look at how are society is reacting... as a unit we really are 'a lavatory attendent who recently won the lottery'


  • #35
    g5fd6ow0hseima
    Closed Accounts Posts: 2,787 ✭✭✭g5fd6ow0hseima


    SimpleSam06 wrote: »
    The main thing I'm worried about is stagflation - no faster way to wipe out your middle class, and then its only a hop skip and a jump to corporate feudalism.
    that is a scary prospect, makes you think about it more when the world goes from booming to reeling in under a decade


  • #36
    Dave!
    Closed Accounts Posts: 27,857 ✭✭✭✭Dave!


    Lads a simple yes or no would have sufficed

    :p


  • Advertisement
  • #37
    leninbenjamin
    Closed Accounts Posts: 8,983 ✭✭✭leninbenjamin


    Celia Obnoxious Income wrote: »
    Surely capitalism isnt much different, its based on the exploitation of cheap labour / material from the poorer countries of the world, thats why we 'benefitted' we were poor, now were not, and the MNC boat sets sail to the south.

    With co-operation, socialism is the better alternative for a country like Ireland which has no natural resources (whatever we had has been sold), im not much of a left-winger to be honest, but capitalism is a temporary fix for a vulnerable country like Ireland, we're not Switzerland or Norway. I feel people need a wake up call, and that this economic turmoil will do Irish society a whole world of good. To be honest id love to see the return of the days when we didnt have much money in our pockets so we'd no longer see money as the be all and end all of life. Capitalism is a disease, and a sly one.

    Ireland hasnt even gotten used to money before its already starting to dry up, were not cut out for capitalism, just look at how are society is reacting... as a unit we really are 'a lavatory attendent who recently won the lottery'

    hang on, now you're blaming Capitalism for Ireland's new money snobbery? big leap of faith and one that has little to do with economics.

    it's also funny how people harp on about how wonderful the 70s and 80s with their high public spending were... the people who lived back then didn't seem to think so. ever remember a thing called emigration? the thing that broke up so many families and caused so much hardship for people?


  • #38
    nesf
    Registered Users, Registered Users 2 Posts: 27,645 ✭✭✭✭nesf


    Celia Obnoxious Income wrote: »
    With co-operation, socialism is the better alternative for a country like Ireland which has no natural resources .... im not much of a left-winger to be honest ... Capitalism is a disease, and a sly one.

    Are you sure you're not much of a left winger....


  • #39
    g5fd6ow0hseima
    Closed Accounts Posts: 2,787 ✭✭✭g5fd6ow0hseima


    nesf wrote: »
    Are you sure you're not much of a left winger....
    To me, the left and right wing ideologies are flawed in my opinion, doesnt national socialist and socialist economy hold many similarities to be at the opposite end of the spectrum?

    Perhaps your just finding it unusual to see a person hate capitalism who isnt a guevara flouting 'lefty'...

    Ireland was happier without all the money it has now, my parents say that, along with most older people I spoke to. We need a wake up call, not in the form of an alarm, but a mallet across the head. You probably feel we cant be happy nor can society be vibrant without plenty of money. I dont see too many smiley facers when I walk down the street to be honest, although we might blame the weather :(

    About emigration, well its all we have known, and in my opinion, looking at our country, its all we might ever know. Can you see the possibility of an exodus to OZ (if they'd have us), its not a too distant prospect.


  • #40
    g5fd6ow0hseima
    Closed Accounts Posts: 2,787 ✭✭✭g5fd6ow0hseima


    Danno wrote: »
    Alot of truth in what you say drunkenmonkey. I remember in the late 80s and early 90s the pubs were teeming with custom in these rural parts with the bhoys on the dole and getting a few cash-in-handers on the side to get the few pints in.

    Good days them were! Everybody went to the local hurling matches, kids played on the streets, everybody helped with the tidy towns competitions etc... Community was evident everywhere.

    However, with the pint hittin €4 a pop now I doubt the pubs will ever be the same again especially with the cheap cans in the offys. People are riddled with mortgages and are working overtime, commuting more so the community is fooked.
    that talks leaves most 'modern' irish people seething.

    they'll say 'and what was the national debt in that period' etc...

    Its great to hear people reminisce :)


  • #41
    Evangelion
    Registered Users Posts: 183 ✭✭Evangelion


    Celia Obnoxious Income wrote: »
    To me, the left and right wing ideologies are flawed in my opinion, doesnt national socialist and socialist economy hold many similarities to be at the opposite end of the spectrum?

    Perhaps your just finding it unusual to see a person hate capitalism who isnt a guevara flouting 'lefty'...

    Ireland was happier without all the money it has now, my parents say that, along with most older people I spoke to. We need a wake up call, not in the form of an alarm, but a mallet across the head. You probably feel we cant be happy nor can society be vibrant without plenty of money. I dont see too many smiley facers when I walk down the street to be honest, although we might blame the weather :(

    About emigration, well its all we have known, and in my opinion, looking at our country, its all we might ever know. Can you see the possibility of an exodus to OZ (if they'd have us), its not a too distant prospect.


    What exactly do you consider left wing?
    What I consider a brief explaination is Socialism is Left, Capitalism is Right. Communism is Extreme Left, Facism is Extreme Right.

    I dont believe for a second people were happier before. The morgages were just as hard to pay. Houses were cheaper, but interest rates were sky high


  • Advertisement
  • #42
    DublinWriter
    Registered Users, Registered Users 2 Posts: 9,559 ✭✭✭DublinWriter


    nesf wrote: »
    Eh so the independent highly leveraged investment bank model turns out to be a risky affair... Who'd a thunk it.
    Only a bank could call debt 'leverage'.

    [Kent Brockman]: Professor ... would you say it's time for our viewers to crack each other's heads open and feast on the goo inside?

    [Professor]: Yes I would, Kent.


  • #43
    damnyanks
    Registered Users, Registered Users 2 Posts: 4,276 ✭✭✭damnyanks


    So back on topic and no more looney tunes -

    AIG are in government control taking 80% of the company.

    Barclays bought up the good business areas of Lehman Brothers. I guess they need to just let these companies fail and the good will be bought up.


  • #44
    nesf
    Registered Users, Registered Users 2 Posts: 27,645 ✭✭✭✭nesf


    Celia Obnoxious Income wrote: »
    To me, the left and right wing ideologies are flawed in my opinion, doesnt national socialist and socialist economy hold many similarities to be at the opposite end of the spectrum?

    If you go far enough to the right you'll meet the same kind of idiots coming around from the left. That doesn't mean there isn't something meaningful between the hard left and hard right though.
    Celia Obnoxious Income wrote: »
    Perhaps your just finding it unusual to see a person hate capitalism who isnt a guevara flouting 'lefty'...

    I was more getting at you proposing socialism as the better choice, ergo traditionally a left wing position. You don't need to be a frothing at the mouth communist to be on the left wing economically after all similar to how you don't need to be a complete laissez faire leave everything to the market and get rid of the Government pseudo anarchist to be on the right wing.
    Celia Obnoxious Income wrote: »
    Ireland was happier without all the money it has now, my parents say that, along with most older people I spoke to.

    And I find the exact opposite. Most older people I talk to are happy that their children have far better access to jobs, education and opportunities in general than they ever had. College degrees, and even secondary level education, used to be rare in my family until relatively recently because the parents couldn't afford to keep their kids in education. Plenty of the previous generation had to leave after primary school to work simply because the money wasn't there to keep them fed if they went on to second level. We're a hell of a lot better off than we were. We still have a bunch of problems, don't get me wrong, but health wise and opportunity wise we're doing a lot better than most of our grandparents did.


  • #45
    Kama
    Closed Accounts Posts: 1,027 ✭✭✭Kama


    Ireland was happier without all the money it has now

    I'm somewhat amazed when I hear depression-nostalgia, usually assume people weren't there for it, or 'mature recollection' has a selective edit...I really doubt cascading failures in global financial markets will lead naturally and cheerfully to some kind of dancing-at-the-crossroads good-ol-times scenario *that* easily.

    Unless of course Irish hedonic utility is perverse hehe, sure we're only happy when we have something to whinge about! :D


  • #46
    CorkJack
    Closed Accounts Posts: 8 ✭CorkJack


    Geldof and Bono rumoured to be campaiging to forgive the Debt for Fannie , Freddie, Morgan, Lehman
    New promo concert (Live 8 part II) next year.
    Another 3,000% increase in Geldof sales next year.


  • #47
    Flamed Diving
    Closed Accounts Posts: 6,609 ✭✭✭Flamed Diving


    Elderly people in 'The Old Days Were Better' shocka!


  • #48
    g5fd6ow0hseima
    Closed Accounts Posts: 2,787 ✭✭✭g5fd6ow0hseima


    Evangelion wrote: »
    What exactly do you consider left wing?
    What I consider a brief explaination is Socialism is Left, Capitalism is Right. Communism is Extreme Left, Facism is Extreme Right.

    I dont believe for a second people were happier before. The morgages were just as hard to pay. Houses were cheaper, but interest rates were sky high

    Ive said it before in this forum, but Id like to ask your opinion on the phrase in which contemporary Irish people are 'acting like a lavatory attendant who just won the lotto'

    Do you feel that us Irish, being unused to money, have been over rawed by all the economic upturns over the last decade or so and have came to he point where our materialism / love of money leaves us in a very vulnerable position in the event of an onset serious economic downturn? We are a society living on borrowed money, just like many others, wo what will good auld capitalism do for us now that the banks are shoring up their money? Head to loan sharks? :cool: Perhaps the world is ending:eek:


  • #49
    nesf
    Registered Users, Registered Users 2 Posts: 27,645 ✭✭✭✭nesf


    Celia Obnoxious Income wrote: »
    what will good auld capitalism do for us now that the banks are shoring up their money?

    What exactly do you mean by capitalism? (I'm trying to figure out exactly what you consider so distasteful)


  • #50
    g5fd6ow0hseima
    Closed Accounts Posts: 2,787 ✭✭✭g5fd6ow0hseima


    Free market economy, etc etc, MNCs lord over governments in both political and economic ways.

    Ah, weve embraced market capitalism to the fore in the past few decades, I just view it as a force that will expire sometime. Capitalism encouraged greed, as it did here in Ireland, and now what is has encouragd is falling back on us.

    Basically, when the rainy day comes, capitalism has no plan B. Or does it? how will we manage if, lets say Dell, HP and Microsoft leave Ireland in the coming year and re-locate to Bombay or that? where will we be then? Our over relience on MNCs (essence of capitalism) just worries me to be honest, as it might worry others these days


  • #51
    derry
    Banned (with Prison Access) Posts: 1,380 ✭✭✭derry


    Seems this regime isn't wasting any time to ramp up the killing machine

    Listing to the RTE joe Duffy show
    It seems Seems this regime isn't wasting any time to ramp up the killing machine and the first step in process is starting

    They are getting rid of the agency that highlight poverty a gency that existed since even the bad 1970 era

    Thats a logical thing to do with a killing machine that will deliberatly ramp up poverty and causes cold and starvation to kill of the masses of the stricken poverty classes as surplus to requirements

    Seems the regime learnt a few of Hitlers tricks remove any agency that reports poverty and therefore poverty doesn't exist

    SEEIKE HIEL COWEN RAUS BITTE

    Derry


  • Advertisement
This discussion has been closed.
Advertisement