"Overdoing" the Recession???

Darragh29

Someone said to me over the weekend that we are doing a recession just the same way that we did the boom, completely over the top and to the extreme, previously we were buying everything and drunk 3 nights a week, now we are not buying anything, not going out, etc, etc, so forecourts, restaurants, retail outlets, are closing down, not because we don't have money but because people are "overdoing" the recession, basically its all in our heads...

Comments on a postcard!

inforfun

I agree with Someone.
At the other hand, maybe wait till after Christmass to see if people really dont spend any money. It was busy enough shoppign yesterday :mad:

anniehoo

Im kinda glad things have calmed down a bit and theres now not this underlying pressure to have an endless supply of cash to go everywhere and do everything !

the drifter

im using it as an excuse to completely ignore my family this xmas...

instead im going to spend it with my mistress in a new york penthouse..

Xavi6

There's a recession?

I'm not buying it.

Caoimhín

I think its a bit overdone in the media, and as a result its overdone in the mind of joe soap.

I do find that my monthly costs have gone up in th past year, above the rate of my wage rises, but that's about it.

It is indeed all about consumer sentiment, although i despise that term, more the "consumer" bit. Like busy little bees running around for years borrowing and spending have all got a bit of a shock but will soon be back at it.

Im rambling again, aren't i?

Phototoxin

Until the Taoiseach is on a bicycle dont talk about a recession and until Harney is on a bicycle (better for her too!) dont tell me about 'hospital cutbacks' they are over paid. If they were true public servants then they would do it for minimum wage + expenses

Run_to_da_hills

Phototoxin wrote: »

Until until Harney is on a bicycle

I pity the Bicycle

CantGetNoSleep

Phototoxin wrote: »

Until the Taoiseach is on a bicycle dont talk about a recession and until Harney is on a bicycle (better for her too!) dont tell me about 'hospital cutbacks' they are over paid. If they were true public servants then they would do it for minimum wage + expenses

The expenses would probably run into millions for those robbing cnuts though

jor el

Run_to_da_hills wrote: »

I pity the Bicycle

Burn that seat!


I don't think we're over doing the recession, nor do I think that people have completely stopped going out or spending money. I was in Dundrum town centre on the bank holiday weekend, and the place was mobbed. When I was leaving, at about 3PM, there was queue to get in that went half way back to the M50. And that place is not cheap, everything in there is over priced, and yet the people couldn't seem to get enough of it, especially in Hamilys.

Shopping in Limerick has been crazy at the weekends too. All the retail parks, especially the ones on Childers Road, were packed. It's only going to get worse as Christmas approaches too.

S.I.R

While the resession has scared many people, im quite enjoying the fact that all the cowboys are gone....


no more " job soap budget landscapes "


more business for the men who stay in thew trade and work their way out


also on that bicycle segment


Can mary harney ride her bike with no handle bars, no handle bars, no handle bars ?

Carroller16

http://farm1.static.flickr.com/45/178253069_335270516b.jpg?v=0

HArNEY

gurramok

jor el wrote: »

Burn that seat!


I don't think we're over doing the recession, nor do I think that people have completely stopped going out or spending money. I was in Dundrum town centre on the bank holiday weekend, and the place was mobbed. When I was leaving, at about 3PM, there was queue to get in that went half way back to the M50. And that place is not cheap, everything in there is over priced, and yet the people couldn't seem to get enough of it, especially in Hamilys.

I'd agree to a certain extent. It depends on how much people are spending rather than just browsing around and having a coffee

Or it could be the sales or just that new toy shop!

Watch out for the sales. When sales are on nearly every month of the year and they have been in many shops, we know there is an economic problem on the retail side!

BroomBurner

The few times I've been to shopping centres (including town), they have been packed. I don't think we're over-doing it, I just think people are becoming more careful and (finally) less blasé about what they spend their money on.

Queues in to Newry though are absolutely mental. Hopefully shops sales will show a reduction and they drop their prices, I'm sick of being ripped off. Eg. dress up North = £50Sterling (~€67), selling in the Republic for €85.

javaboy

Phototoxin wrote: »

If they were true public servants then they would do it for minimum wage + expenses

Seriously? I know we don't have the greatest crowd in the Dáil at the moment but would you really expect to get the best and brightest working for peanuts in public service or would they opt for the better paid private sector jobs?

Eoin

I don't think we're over-doing the recession, as I think we are finally beginning to realise that our credit cards aren't a source of free money, and that maybe we should be putting some cash away - or at least spending a bit less than what we are earning. It sounds really obvious, but lots of us don't do it.

The tax increase and reduction in stamp duty might mean a difference of a hundred or so euro per month to a professional couple, so a couple of nights in extra a month could be well needed.

Phototoxin wrote: »

If they were true public servants then they would do it for minimum wage + expenses

No thanks, I'd rather see a good salary paid to attract someone who would be qualified to run a large organisation.

BroomBurner wrote:

Queues in to Newry though are absolutely mental. Hopefully shops sales will show a reduction and they drop their prices, I'm sick of being ripped off. Eg. dress up North = £50Sterling (~€67), selling in the Republic for €85.

I'm not defending all the price differences, but in some cases the cost of operating a shop in the Republic could be far higher than one up North.