Economic Worst Nightmare?

ninebeanrows

3 years after the economic crisis hit the world...

We have this as the evening headline on Bloomberg

'Stocks, Oil Fall on Economy; Euro Weakens on Stimulus Concern'

The global economy is going nowhere, the Irish economy winding back to mid to early 90's esk.

The full effects to you and me not nearly here yet.

What will you do with your future?

Those that are lucky will cling onto their jobs which will become increasingly sought after as a new low wage base will take over.

Emigration,?

Sad to think it could be 15 years before we see a bump upwards.

Irish people are usually negative but boy..

JONJO THE MISER

Double dip recession and indeed depression all the way here in Ireland im afraid.
This fall will see another recession in the states, what they call a double dip.

Duggy747

As bad as things get, I'll refuse to leave the country on those merits........I love this place too much to abandon it, despite it swirling about in the shìtter.

ninebeanrows

Duggy747 wrote: »

As bad as things get, I'll refuse to leave the country on those merits........I love this place too much to abandon it, despite it swirling about in the shìtter.

True, but when you have 5-10 years of job erosion ends will begin not to meet. necessity will rule preference.

bad2dabone

this thread depresses me

JONJO THE MISER

bad2dabone wrote: »

this thread depresses me

I thrive on it:p, well not really but some people think i do.

Duggy747

Weathercheck wrote: »

True, but when you have 5-10 years of job erosion ends will begin not to meet. necessity will rule preference.

Maybe, it's hard to exactly forecast these things. My speciality is in I.T. hardware where the jobs have become few and far between on the west side of the country (In the end I decided to take a 9 - 5 volunteer job as a technician)

But, hey, it's not all doom and gloom. FÀS are covering for the unemployed the Comptia / Microsoft / CCNA courses which would normally set people back a lot of money if they were employed.

I'm grinding my teeth and riding this shìt-storm out.

bad2dabone

What can we, as the peasants, do about the global economy? Nothin.

So we only get ourselves all depressed worrying about it.

Einhard

Bah, I have a degree in history so I'm not worried. Could walk into a job in the morning if I wanted. Even in the midst of a recession, every employer needs a history graduate on their books!











Dont they?

Duggy747

Einhard wrote: »

Bah, I have a degree in history so I'm not worried. Could walk into a job in the morning if I wanted. Even in the midst of a recession, every employer needs a history graduate on their books!











Dont they?

Well, at least you're not a Philosophy graduate waiting for that Philosophy factory to open :pac:

Einhard

Duggy747 wrote: »

Well, at least you're not a Philosophy graduate waiting for that Philosophy factory to open :pac:

I'm trying to build a flux capacitor so I can go back to the Middle Ages and get a job as a current affairs pundit!

Wacker

Duggy747 wrote: »

Well, at least you're not a Philosophy graduate waiting for that Philosophy factory to open :pac:

That's my degree! Biggest waste of time ever. Thankfully it was six years ago and I got decent, unrelated work. But then, I struggle to think of what work would be related...

Prabhu Deva

JONJO THE MISER wrote: »

Double dip recession and indeed depression all the way here in Ireland im afraid.
This fall will see another recession in the states, what they call a double dip.

Pfft. When the double dip is over they'll say it's a triple

SEPT 23 1989

Its only money:)

fonecrusher1

Duggy747 wrote: »

As bad as things get, I'll refuse to leave the country on those merits........I love this place too much to abandon it, despite it swirling about in the shìtter.

That sounds heroic & all but in my view people who emigrate in times of recession aren't leaving because they don't love Ireland.

If people are given no choice but to emigrate due to zero employment opportunities & want to make a better life for themselves its hardly abandonment. Its being proactive. Instead of collecting the dole every week, complaining about the state of the economy & then heading off to the pub to lament about the good oul days week in week out.

If things get as bad as the OP says they will i would seriously consider heading off for a few years in the near future. The thought of things actually getting worse is seriously depressing.