Would a reasonably strong earthquake be good for the economy?

Chuck Stone

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?

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.

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

darragh16

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

Wertz

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

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.

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

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

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.

Indubitable

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

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.

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.

Where To

A volcanic eruption would be much more beneficial.

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.

Chuck Stone

No fans of the Multiplier effect in here then?

Chuck Stone

where do i go from here wrote: »

A volcanic eruption would be much more beneficial.

Whyzat?

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.

Saila

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

ill be voting for it :cool:

Where To

Chuck Stone wrote: »

Whyzat?

1. Fertile soil
2. Free heating
3. Tourism
4. Kills nosey people

bb1234567

Chuck Stone wrote: »

Whyzat?

im fairly sure he was being sarcastic;)

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.

Where To

bb1234567 wrote: »

im fairly sure he was being sarcastic;)

I wasn't actually :mad:

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

Chuck Stone

marcsignal wrote: »

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

Frackin' Backstards.

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.

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 ...

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

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.

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.

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.

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.

Derfil

They reckon a good old fashioned war is good for the world economy and would help to slowdown the overpopulation thats occurring.

Sam Kade

Chuck Stone wrote: »

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

The clue is in the name.

http://en.wikipedia.org/wiki/Giant's_Causeway

Chuck Stone

Sam Kade wrote: »

http://en.wikipedia.org/wiki/Giant's_Causeway

Yeah?

the Irish warrior Fionn mac Cumhaill (Finn McCool) built the causeway to walk to Scotland to fight his Scottish counterpart Benandonner.

From Wikipedia

Giant's Causeway.

not 'The Volcanic Causeway'

stevenmu

It'd certainly shake up the property market.

galah

considering how this country deals with a bit of rain and a bit of snow, can you imagine what an earthquake would do? :rolleyes:

Chuck Stone

stevenmu wrote: »

It'd certainly shake up the property market.

I like your pun but it's bitter sweet because nobody noticed my one on page two and this is a shameless attempt at drawing attention to it and I haven't used nearly enough punctuation in this sentence.

Riddle101

galah wrote: »

considering how this country deals with a bit of rain and a bit of snow, can you imagine what an earthquake would do? :rolleyes:

Something like this I would imagine

sh1tstirrer

What about all the aid we would receive? There was enough money gathered for Haiti that they could have rebuilt it 3 times over.

44leto

No it would not be good for the economy, the now third biggest economy Japan has had stagnant growth since the Kobe earthquake now because of the recent earthquake Japan expects negative growth.

stevenmu

Chuck Stone wrote: »

I like your pun but it's bitter sweet because nobody noticed my one on page two and this is a shameless attempt at drawing attention to it and I haven't used nearly enough punctuation in this sentence.

That's a shame, you seem quite shook up about it.