is the recession over?

SamSamSammy

well?

starbelgrade

What recession?

AntiMatter

Just getting started.

Professey Chin

*looks in wallet*
No

KeithM89_old

It ends 11:59:59 Dec 31st 2010, then everything goes back to the good old days...

SamSamSammy

talk has died down a lot recently alright.

AntiMatter

SamSamSammy wrote: »

talk has died down a lot recently alright.

That's just recession-apathy.

galwayrush

Only for retiring politicans and their cronies. For a mere mortal like me, it's going to be a tough year ahead.

KeithM89_old

SamSamSammy wrote: »

talk has died down a lot recently alright.

Yeah theres a big party with an open bar. All the cool people were invited. The rest are stuck here...

ilovesleep

Recession is mild. We are now going into a deep depression. We're going down.

DublinWriter

Considering the crowds I saw on Grafton St yesterday and in Blachardstown today, I'd say YES! Spend you crazy fools, SPEND!

So the recession is over, but the Rapture begins...

Wurly

starbelgrade

ilovesleep wrote: »

Recession is mild. We are now going in a deep depression. We're going down.

Cheerful & optimistic as ever, I see.

SamSamSammy

things do seem ok in dublin, at least.

melekalikimaka

things are looking up

danbohan

SamSamSammy wrote: »

things do seem ok in dublin, at least.

do they , good , go out and buy a house they are fantastic value , this is probably your last chance to get on housing ladder !!!

Black Swan

no

Mr. Manager

SamSamSammy wrote: »

talk has died down a lot recently alright.

Talk hasn't died down it's just that all this recession sh*t has been moved elsewhere, thankfully!

foxinsox

I think the recession is probably frozen...

It might take a few days to thaw out...

galwayrush

melekalikimaka wrote: »

things are looking up

The holes in my shoes are.

ilovesleep

galwayrush wrote: »

The holes in my shoes are.

Lets start a charity collection for a new pair of shoes for galwayrush

admiralofthefleet

SamSamSammy wrote: »

well?

grand thanks, a bit bloated after my dinner but otherwise cant complain

Run_to_da_hills

Phase two of the recession began on the 7th December 2010 when the IMF/EU bailout was signed. Phase three will kick in as soon as we default :eek:

galwayrush

ilovesleep wrote: »

Lets start a charity collection for a new pair of shoes for galwayrush

Can you raise enough cash so i can buy then in Barcelona next june........ Rush are playing there LOL.

CreepingDeath

SamSamSammy wrote: »

is the recession over?

I think you're mixing up the recession with the snow.

Saila

the snow killed it, or at least gave the media more stuff to sensationilise about
to take our minds off it.

goat2

just starting, worse to come, poster above has said weather has taken up news lately,

ejmaztec

melekalikimaka wrote: »

things are looking up

The only "things" looking up in Ireland are homeless people asking for money.

SamSamSammy

i'm very interested in this stuff......but correct me if i am wrong but doesn't everything seem "grand" or "ok" (whatever words you want to use) because the media are reporting on the snow.......

it's like a recession that's only on the news......

obviously i know it isn't like that, but even so...just a thought, hope not to offend anyone with money troubles.

gothicus

SamSamSammy wrote: »

well?

no but Christmas is. Bring on the 2011 recession, I mean happy new year!

FreudianSlippers

Technically it's been over for a while... but then technically we're also probably double-dipped back into it for a couple of months now.

melekalikimaka

ah well in fairness, banks got bailed out, unemployment is leveling out, we are on the road to recovery, long road maybe, but we'll be a damn better society at the end of it.

iguana

SamSamSammy wrote: »

talk has died down a lot recently alright.

That's because it's Christmas and the politicians and bankers are on their holidays. And because there has been some severe weather which has caused major travel disruption leaving thousands of people stranded (at Christmas) and wide-spread water shortages.

The "recession" has barely started. This country is very, very screwed financially.

ilovesleep

melekalikimaka wrote: »

ah well in fairness, banks got bailed out, unemployment is leveling out, we are on the road to recovery, long road maybe, but we'll be a damn better society at the end of it.

And politicians are running away with their fat pensions while ireland was sold into debt slavery and poverty. How can anyone look on the bright side of that.

galwayrush

ilovesleep wrote: »

And politicians are running away with their fat pensions while ireland was sold into debt slavery and poverty. How can anyone look on the bright side of that.

The people who can leave can.

ilovesleep

galwayrush wrote: »

The people who can leave can.

Ok. I absolutely love my job. Im married to it. Do you think should I up and leave and let people down in doing so. I really want to run away fast away from this country but hate letting people down.

melekalikimaka

ilovesleep wrote: »

And politicians are running away with their fat pensions while ireland was sold into debt slavery and poverty. How can anyone look on the bright side of that.

I can, suck it up, the old sob story is getting old in my book

Het-Field

OisinT wrote: »

Technically it's been over for a while... but then technically we're also probably double-dipped back into it for a couple of months now.

The key word is "techincally". Ireland has never been properly out of recession, and the reason we have been technically out of recession is by the use of other barometers which are not useful in determining recessionary activity.

It depends on what you mean by "recession". If you are using it as a catch all term for our economic woes, and not the economic meaning (i.e. two consecutive quarters of negative growth), then I believe we are not out of "recession". The entry of the IMF to the playing field articulates this.

Chucky the tree

The last budget didn't come close to making the cuts that needed to be made. Wait until the next few years when well be forced to make serious cuts to our public spending, thats when the fun will began.

Degsy

Probably at least another ten years for a return to economic growth..Dublin with its coffee tables and expensive eateries will look like Paris after a nuclear war.

galwayrush

ilovesleep wrote: »

Ok. I absolutely love my job. Im married to it. Do you think I should up and leave and let people down in doing so. I really want to run away fast away from this country.

A lot of people are leaving because they don't have a job or even the prospect of one. I know people who have left, and are wondering why they didn't sooner because of the standard of life they can now provide for their families. I love my work as well, but if lack of income and prospects start affecting my families lives, i am off because i don't want to let them down.

Doublin

melekalikimaka wrote: »

I can, suck it up, the old sob story is getting old in my book

Old sob story? You only have to look back a month to see the IMF/EU taking the reins as they know Ireland is in no way close to the road to recovery yet, while our ruling class are running to the hills locking in their plush pensions and/or transferring assets to avoid any impact on their lifestyle. They know there is major pain still coming down the line.

Hank_Jones

We've turned a corner anyway.

Sea Sharp

The recession is over, now it's a depression.

Degsy

Sea Sharp wrote: »

The recession is over, now it's a depression.

It will run for ten years,minimum.

Rockery Woman

We had a recession in the 80's, some growth in the 90's, the boom of the 00's and recession in the 10's.... so we will have growth in the 20's a boom in the 30's, and.... we will be too old to give a ****e in the 40's!:D

xw2lj9uspm1eyh

The reason there is less talk of it,most of the people affected by it who lost there jobs etc etc and have no ties here (marriage/kids etc) have emigrated.I'm sure everyone in Ireland knows of at least one of there neighbours/friends/ex workmates who have moved to a new country in the past year or so.

Hank_Jones

Rockery Woman wrote: »

We had a recession in the 80's, some growth in the 90's, the boom of the 00's and recession in the 10's.... so we will have growth in the 20's a boom in the 30's, and.... we will be too old to give a ****e in the 40's!:D

By that reasoning we should have had a boom in the 70's as well.....

I don't think your theory is sound.

Celly Smunt

Hank_Jones wrote: »

By that reasoning we should have had a boom in the 70's as well.....

I don't think your theory is sound.

the 70's was disco time,nobody cared about money as long as they had enough soul glow for their hair

Naikon

I reckon it will be at least 20 years before this country gets back to some sort of reasonable state. 85 billion euro + interest can't be paid back in a short period of time. I fear the worst has yet to come...

congo_90

save money by getting gov to switch off every 2nd street light..

anyhow time to update my passport and review intensive savings plan in case i get let go I'm outta here. one less tax payer but also one less on the dole.
hopefully I don't lose my job though