Good man Jean Claude

FlutterinBantam

Fair play to Jean-Claude Trichet, head honcho over in the ECB.

Came in and gave us a bit of a boost,said it wouldn't be easy but when the cloud lifts we should be ok.

Said Ireland would be in good nick when the shídt clears.

Those kind of things are important, good man Jean-Claude.

Beats the fcuk out of all the bad news.

Anyone who thinks they can con the public and avoid reality can go and fcuk off.


Let's get real

phasers

He's a liar

admiralofthefleet

i thought you were talking about van damme doing the wife over again when i opened the thread up

AnonoBoy

So this thread isn't about JCVD the new Van Damme movie?

Bah!

*shuffles off unimpressed*

FlutterinBantam

phasers wrote: »

He's a liar

That's a possibility.

Hope it's true though.

admiralofthefleet

whatever happened to the wall of cash that eddie hobbs was talking about

edit:have you got a source for what he said

FlutterinBantam

admiralofthefleet wrote: »

whatever happened to the wall of cash that eddie hobbs was talking about

Didn't hear about that.

Seems a lot of the "cash" in this country was of the ether variety.

However ,be that as it may, a vote of confidence from JCT is, to me anyway, a step forward, and I take a bit of confidence in his statements.

All it needs now is the fookers in charge to take a good grip on the reins and drive the country through to better times.

Strikes and sabre rattling by the Unions wont help, and that well respected doyen of economics Dr. Garret Fitzgerald says we need a emergency budget rapido.

I agree .

Genghiz Cohen

AnonoBoy wrote: »

So this thread isn't about JCVD the new Van Damme movie?

Bah!

*shuffles off unimpressed*

Was a kick in the teeth wasn't it...

Princess Consuela Bananahammock

But if, miracles of miraces, we did pull though and there was a second Celtic tiger: would you have faith in the governemnt (or public for that matter) NOT to fvck things up again...?

Genghiz Cohen

Ikky Poo2 wrote: »

But if, miracles of miraces, we did pull though and there was a second Celtic tiger: would you have faith in the governemnt (or public for that matter) NOT to fvck things up again...?

Jesus no.

FlutterinBantam

Hopefully people would have learned their lesson.

60% of tax income coming from the same industry.... Jaysus:eek:

What happens if that goes wallop.... it did!!!

I am optimistic.

DonJose

There never was a Celtic Tiger, it was just borrowed money, now that the money has dried up we are in sh!t. The only way things will improve is if the ECB lends up a sh!tload of money again, then when that money dries up we'll be in the sh!t again. Sadly Ireland never was and never will be a rich nation, Ireland lived its best years on borrowed money.

Quint

I'm another poor soul that thought it was about the legendary Van Damme, only to find another economy thread

FlutterinBantam

To a certain extent there is a grain of truth in that.

We traded in non manufacturing goods and relied on an unsustainable construction and property industry to a what I would call a criminal extent.

We splashed out and maxed out our credit based on the premise that things would continue as they were.

:eek:They didn't , and we found ourselves in the shoooite.

We have been beaten senseless for the past few months so Jean Claude's note of cautious optimism is to be welcomed.

FlutterinBantam

Quint wrote: »

I'm another poor soul that thought it was about the legendary Van Damme, only to find another economy thread

Sorry Horse

PirateShampoo

So 2012 will be a good year?

FlutterinBantam

Hopefully, if not 2013, I can ignore a 1Euro coin on the sidewalk;)

justcallmetex

FlutterinBantam wrote: »

Fair play to Jean-Claude Trichet, head honcho over in the ECB.

Came in and gave us a bit of a boost,said it wouldn't be easy but when the cloud lifts we should be ok.

Said Ireland would be in good nick when the shídt clears.

Those kind of things are important, good man Jean-Claude.

Beats the fcuk out of all the bad news.

Anyone who thinks they can con the public and avoid reality can go and fcuk off.


Let's get real

Fu(k him only a vote yes to lisbon ploy.

FlutterinBantam

That's a possibility too.

I can ride with that.

Well said.

gurramok

FlutterinBantam wrote: »

We have been beaten senseless for the past few months so Jean Claude's note of cautious optimism is to be welcomed.

Think you maybe a bit over-optimistic. Note the hint in the last paragraph of what he said.http://www.rte.ie/business/2009/0226/ecb.html

JCT wrote:

He said it was essential that budgetary policy 'convincingly' reduces future public deficits.

We can't even get the public sector to take a small pension levy as they are on strike, hardly convincing so far!

FlutterinBantam

I agree with you on that.

If the populace can't see that a pensions levy on Public Service workers is not a fair and equitable start, then we are all fcuked.

These people get guaranteed jobs, guaranteed index linked pensions.

I really cannot understand the union attitude, well I can actually, they have to go through the motions.

However I'm quite sure,that whatever the cause and whoever caused it,Ireland Inc. is faced with at least a three year term of fiscal excoriating and a lot of real pain.

ferdi

all he's concerned about is lisbon - boost the feel good factor in ireland and boost the odds of a yes vote.

put it this way, the man has "full confidence" in the present government.

enough said.

Ziggurat

justcallmetex wrote: »

Fu(k him only a vote yes to lisbon ploy.

ferdi wrote: »

all he's concerned about is lisbon - boost the feel good factor in ireland and boost the odds of a yes vote.

That didn't take long. :rolleyes:

justcallmetex

Quinine wrote: »

That didn't take long. :rolleyes:

Surprised? It is after all the truth

994

FlutterinBantam wrote: »

Hopefully, if not 2013, I can ignore a 1Euro coin on the sidewalk;)

You're unlikely to find a 1 euro coin on "the sidewalk", because if you are walking on "the sidewalk" that would mean you are in AMERICA.

Ziggurat

justcallmetex wrote: »

Surprised? It is after all the truth

You have proof, I presume?

justcallmetex

Quinine wrote: »

You have proof, I presume?

Proof! Jesus wept....a banker telling us the enconomy will be fine....have u been out of the country or off planet Earth altogether?You gonna give any proof he's not pushing a European agenda?

K-9

ferdi wrote: »

all he's concerned about is lisbon - boost the feel good factor in ireland and boost the odds of a yes vote.

put it this way, the man has "full confidence" in the present government.

enough said.

Might be interested in giving confidence to a member of the Euro and the EU and avoiding what happened to Latvia, a fellow member.

I think a currency and economic depression is more important than Lisbon.

Time Magazine

justcallmetex wrote: »

Fu(k him only a vote yes to lisbon ploy.

Lads, Jean-Claude Trichet is the President of the European Central Bank which is based in Frankfurt. The ECB don't give a **** about Lisbon.

K-9

The Economist wrote: »

The ECB don't give a **** about Lisbon.

YEP, Lisbon has nothing to do with the ECB.

I'd say he is more interested in keeping his job and the Euro not failing or collapsing.

Politicians and self interest and all that.

Ziggurat

justcallmetex wrote: »

Proof! Jesus wept....a banker telling us the enconomy will be fine

Damage control, basically. Remember, he's the head of the ECB, not some pissy little Irish bank. He's obviously going to try to smooth things over as best he can.

....have u been out of the country or off planet Earth altogether?You gonna give any proof he's not pushing a European agenda?

I don't have to. You made the claim that it's a ploy to rouse support for Lisbon, so it falls to you to prove that claim.

Zaph

I hope George Lee doesn't hear this. He's been so happy lately and this sort of news could plunge him into the depths of depression.

Mmmm_Lemony

Not only a really great actor and all round entertainer, but also

http://www.youtube.com/watch?v=SL37HsPAA1M

Ruu_Old

He gave handed it to this tree I can tell ya!

https://www.youtube.com/watch?v=s-uJUQe80AY

Professey Chin

Ruu wrote: »

He gave handed it to this tree I can tell ya!

https://www.youtube.com/watch?v=s-uJUQe80AY

In soviet russia tree kick you


Im tired

Compak

Head of ECB - concerned about the collapse of his currency or F-in lisbon

He may be trying to falsely raise optimism -though I believe him- however it would be for much more serious matters than F-in Lisbon.

Aslo if that was the case why not say we are in the crappper totally, more of a reason for us to stay close to Europe

Compak

Quint wrote: »

I'm another poor soul that thought it was about the legendary Van Damme, only to find another economy thread

The way we have been kicked around lately, Its easy for an economy thread to be mistaken for a Van Damme film.

Unfortunately our action hero is Biffo!

nacho libre

What a surprise. I had expected him to say we were ****ed.
He is gunning for the mass appeasement placebo effect AKA self-fulfilling prophecy. Build up consumer confidence by a promise that is backed by nothing except an authoritative statement. Obviously there is enough people to fall for this cow dung as there was when Brian was being bullish on Q+A prior to the last election about Fianna Fail being the party to manage any downturn.

faceman

I have to admit I was surprised at Trichet's comments when he made them. Maybe he had a few Guinness before saying it?