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Would a reasonably strong earthquake be good for the economy?

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  • 08-11-2011 9:08pm
    #1
    Chuck Stone
    Closed Accounts Posts: 13,030 ✭✭✭✭


    If we experienced a pretty strong earthquake would it be good for pump-priming the Irish economy by putting loads of construction workers, plumbers, plasterers, road repairers and the like back to work?

    We could also get the demolition people in to bulldoze the ghost estates and the property market might stabilise as a result.


    (lets just say nobody was killed or seriously injured by the earthquake before the self-righteously indignant come galloping in on tall horses)

    Well?


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    #2
    My name is URL
    Registered Users Posts: 25,068 ✭✭✭✭My name is URL


    It'd create some short term jobs but the underlying causes of our problems would still be there. All the rebuilding work would be paid for by insurance payouts anyway, with the costs of that eventually passed on to us.


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    #3
    bb1234567
    Registered Users Posts: 5,496 ✭✭✭bb1234567


    no definitely not,japan too was in a recession at the time of their really bad earthquake/tsunami/nuclear reactor crisis and that only destroyed their ecenomy further! i read somehwere that japans econmy receeded by 1.3 percent so short answer no not at all, would be very bad for ireland:p
    http://abcnews.go.com/Business/japan-earthquake-tsunami-lawrence-summers-economists-fallout-negatively/story?id=13113670#.TrmOK_QkAY4


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    #4
    darragh16
    Registered Users Posts: 882 ✭✭✭darragh16


    No. It'd probably set us back a few years if the main infrastructure was damaged.


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    #5
    Wertz
    Closed Accounts Posts: 11,909 ✭✭✭✭Wertz


    Nah but it'd be some crack....


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    #6
    johnny_ultimate
    Moderators, Category Moderators, Arts Moderators, Computer Games Moderators, Entertainment Moderators Posts: 29,198 CMod ✭✭✭✭johnny_ultimate


    The Christchurch earthquake has, oddly, created lots of construction jobs for unemployed Irish workers.

    But it also brought an already struggling city to its knees and destroyed the vibrant town centre. Not to mention the shocking loss of life.

    Any 'positives' (if you could even call them that) are not worth it. Earthquakes are bad, bad things.


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    #7
    AhSureTisGrand
    Closed Accounts Posts: 1,327 ✭✭✭AhSureTisGrand


    Scumbags are good for the economy. They stimulate spending by breaking shit (which means it has to be fixed or replaced) and they provide employment for Gardaí and lawyers


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    #8
    coffee_cake
    Moderators, Category Moderators, Politics Moderators, Recreation & Hobbies Moderators, Society & Culture Moderators Posts: 81,309 CMod ✭✭✭✭coffee_cake


    I'll anonymously have rocks thrown through your windows OP.
    You come back and tell us if you're better off as a result...


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    #9
    Chuck Stone
    Closed Accounts Posts: 13,030 ✭✭✭✭Chuck Stone


    darragh16 wrote: »
    No. It'd probably set us back a few years if the main infrastructure was damaged.

    That would be a problem for sure.

    Maybe we could have a competition where you have a global raffle and if you win you get to go up in a fighter jet and and take out a semi-D in ghost estate.


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    #10
    Indubitable
    Registered Users Posts: 1,300 ✭✭✭Indubitable


    I am going to go out on a limb here and say No.


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    #11
    Chuck Stone
    Closed Accounts Posts: 13,030 ✭✭✭✭Chuck Stone


    bluewolf wrote: »
    I'll anonymously have rocks thrown through your windows OP.
    You come back and tell us if you're better off as a result...

    I c what u did there.


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    #12
    starbelgrade
    Closed Accounts Posts: 20,739 ✭✭✭✭starbelgrade


    Chuck Stone wrote: »
    putting loads of construction workers, plumbers, plasterers, road repairers and the like back to work?

    The chancers & cowboys who ballsed up most of the houses & apartments built over the last 15 years?

    I would sincerely hope not.


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    #13
    Where To
    Closed Accounts Posts: 5,455 ✭✭✭Where To


    A volcanic eruption would be much more beneficial.


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    #14
    senorwipesalot
    Closed Accounts Posts: 1,458 ✭✭✭senorwipesalot


    Chuck Stone wrote: »
    If we experienced a pretty strong earthquake would it be good for pump-priming the Irish economy by putting loads of construction workers, plumbers, plasterers, road repairers and the like back to work?

    We could also get the demolition people in to bulldoze the ghost estates and the property market might stabilise as a result.


    (lets just say nobody was killed or seriously injured by the earthquake before the self-righteously indignant come galloping in on tall horses)

    Well?
    Nothing like a tectonic weapon to get the ball rolling again.


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    #15
    Chuck Stone
    Closed Accounts Posts: 13,030 ✭✭✭✭Chuck Stone


    No fans of the Multiplier effect in here then?


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    #16
    Chuck Stone
    Closed Accounts Posts: 13,030 ✭✭✭✭Chuck Stone


    where do i go from here wrote: »
    A volcanic eruption would be much more beneficial.

    Whyzat?


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    #17
    CreepingDeath
    Closed Accounts Posts: 8,016 ✭✭✭CreepingDeath


    AhSureTisGrand wrote: »
    Scumbags are good for the economy. They stimulate spending by breaking shit (which means it has to be fixed or replaced) and they provide employment for Gardaí and lawyers

    That explains the function of the Northsiders.


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    #18
    Saila
    Closed Accounts Posts: 7,751 ✭✭✭Saila


    I think we should vote for one, we never get anything :mad:

    ill be voting for it :cool:


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    #19
    Where To
    Closed Accounts Posts: 5,455 ✭✭✭Where To


    Chuck Stone wrote: »
    Whyzat?
    1. Fertile soil
    2. Free heating
    3. Tourism
    4. Kills nosey people


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    #20
    bb1234567
    Registered Users Posts: 5,496 ✭✭✭bb1234567


    Chuck Stone wrote: »
    Whyzat?

    im fairly sure he was being sarcastic;)


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    #21
    marcsignal
    Registered Users Posts: 4,072 ✭✭✭marcsignal


    Chuck Stone wrote: »
    If we experienced a pretty strong earthquake would it be good for pump-priming the Irish economy by putting loads of construction workers, plumbers, plasterers, road repairers and the like back to work?

    Might not have to wait too long to find out OP.


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    #22
    Where To
    Closed Accounts Posts: 5,455 ✭✭✭Where To


    bb1234567 wrote: »
    im fairly sure he was being sarcastic;)
    I wasn't actually :mad:


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    #23
    AhSureTisGrand
    Closed Accounts Posts: 1,327 ✭✭✭AhSureTisGrand


    bb1234567 wrote: »
    im fairly sure he was being sarcastic;)

    If I could post a picture of an iron and an ironing board I would


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    #24
    Chuck Stone
    Closed Accounts Posts: 13,030 ✭✭✭✭Chuck Stone


    marcsignal wrote: »
    Might not have to wait too long to find out OP.

    Frackin' Backstards.


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    #25
    Chuck Stone
    Closed Accounts Posts: 13,030 ✭✭✭✭Chuck Stone


    Saila wrote: »
    I think we should vote for one, we never get anything :mad:

    ill be voting for it :cool:

    A Department of Earthquakes would be pretty ground-breaking.


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    #26
    bnt
    Registered Users Posts: 12,965 ✭✭✭✭bnt


    Chuck Stone wrote: »
    No fans of the Multiplier effect in here then?
    Not really relevant here, since the OP has fallen foul of the broken window fallacy and hasn't factored in opportunity costs ... ;)

    From out there on the moon, international politics look so petty. You want to grab a politician by the scruff of the neck and drag him a quarter of a million miles out and say, ‘Look at that, you son of a bitch’.

    — Edgar Mitchell, Apollo 14 Astronaut



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    #27
    x in the city
    Closed Accounts Posts: 7,134 ✭✭✭x in the city


    Chuck Stone wrote: »
    If we experienced a pretty strong earthquake would it be good for pump-priming the Irish economy by putting loads of construction workers, plumbers, plasterers, road repairers and the like back to work?

    We could also get the demolition people in to bulldoze the ghost estates and the property market might stabilise as a result.


    (lets just say nobody was killed or seriously injured by the earthquake before the self-righteously indignant come galloping in on tall horses)

    Well?


    if the epicentre was smack bang in the middle of a mass gathering of all the nations scum bags on a godly dutch gold session it would be very good indeed


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    #28
    Wertz
    Closed Accounts Posts: 11,909 ✭✭✭✭Wertz


    marcsignal wrote: »
    Might not have to wait too long to find out OP.

    Oh FFS...they'll let this go on and then slap a feckin' carbon tax on the rest of us next month? :mad:

    Fracked gas is a filty source of energy nevermind the consequences for minor seismic events.


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    #29
    sh1tstirrer
    Closed Accounts Posts: 2,489 ✭✭✭sh1tstirrer


    where do i go from here wrote: »
    A volcanic eruption would be much more beneficial.
    We did have volcanoes in Ireland many years ago. Giants causeway. Even down in Cork there are formations of volcanic rock.


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    #30
    Chuck Stone
    Closed Accounts Posts: 13,030 ✭✭✭✭Chuck Stone


    sh1tstirrer wrote: »
    We did have volcanoes in Ireland many years ago. Giants causeway.

    Lol don't be silly. The giants causeway was made by a giant.

    The clue is in the name.


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    #31
    Riddle101
    Registered Users Posts: 8,388 ✭✭✭Riddle101


    Simple answer is no, it wouldn't be good for the economy. Even if it did allow for employment(short term at that). There problems caused by the earthquake would be a lot worse, and more costly for the economy. Making it worse for the economy. Unless of course other countries donated money to us, like they did for Japan's tsunami and the 2005 tsunami in the Indian Ocean. But if i'm not mistaken, aren't they still suffering from the damage even today.


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