We're back in recession!

bear1

Well that is a surprise....

http://www.rte.ie/news/2013/0627/459204-cso-recession-gdp/

All this nonsense of jobs being created here, there and everywhere in between.. austerity being the answer to everything and that we are a great example to europe.
Load of ****e.
I'd say we are in the ****ter again

Conmaicne Mara

Like we were ever out of it.

not yet

Cool..

Back on the medication so.

April O Neill

LostBoy101

Old news.

Rented Mule

There's no stoppin' us now !!

zef

Be around for a while i'd say.

mikom

Fuck.................... time to go smoke some more green shoots.

6541

I am working away like a mad man, No recession around me.

Anyone

We've turned so many corners we are back were we started.

mathie

bear1 wrote: »

Well that is a surprise....

http://www.rte.ie/news/2013/0627/459204-cso-recession-gdp/

All this nonsense of jobs being created here, there and everywhere in between.. austerity being the answer to everything and that we are a great example to europe.
Load of ****e.
I'd say we are in the ****ter again

Apt username

bear1

Suppose we can forget about the savings from all the deals being pumped back into the economy

I cannot wait to sink to the bottom its gonna be great

bear1

Apt username

Bear1? why?

dr.bollocko

Does this mean beer will be cheaper?

super_furry

Let's all put the Commitments on and have a nice cup of tea.

dr.bollocko

dr.bollocko wrote: »

Does this mean beer will be cheaper?

up 10 cent next budget

Value Hunter

We never left it, the figures from multinationals manipulated the growth figures. The domestic economies been in a constant recession I suspect

Cody Pomeray

This has happened about 3 times since our first recession, I think? The last time it happened, last year, it barely made the headlines. The distinction between being in recession or being out of recession doesn't seem to be hugely logical or relevant to anything. The country is f*cked for the moment, regardless of whether the graphs spike a little bit in either direction.

Specialun

dr.bollocko wrote: »

Does this mean beer will be cheaper?

I will vote for you if you can sort it

The Backwards Man

I take those figures with a pinch of salt. Recession is a made up economic term with liitle or no bearing on the real world finances of the general public

tmc86

Deleted User wrote: »

up 10 cent next budget

Like everything else. How can they expect to see positive consumer spending levels when we're faced with tax increases/benefit cuts/minimal job opportunities?

Even the banks are jumping in and squeezing what precious cents people have by increasing their bank charges.

F*ck us over and let us be the solution. All the while the pathetic morons who run this country have yet to sentence those responsible for this mess.

/rant over

kjl

Value Hunter wrote: »

We never left it, the figures from multinationals manipulated the growth figures. The domestic economies been in a constant recession I suspect

well 8 quarters without growth is a depression, so we must have pulled out of it at some point.

mathie

bear1 wrote: »

Bear1? why?

A bear market is a general decline in the stock market over a period of time.

Value Hunter

kjl wrote: »

well 8 quarters without growth is a depression, so we much have pulled out of it at some point.

Yes but what I'm saying is that although we have shown growth during this period, it has been manipulated by the figures of multinationals operating here. If these figures were subtracted just to get the domestic economies performance, I think it would paint a particularly dark picture economically, which I don't think would be far off depression territory

6541

I was messing in last post. the squeese in definitely getting bad now. Lock them Anglo boys up I say !!

Mr Freeze

Back in recession?

Some of us never got out.

DenMan

Just have just over another year left in this country!

msg11

Seems like these tuff budgets are not working, what a surprise. The government hoovering all the money up, clowns have no idea what to do. Once there IMF targets are green everything is fine. Sure what dose it matter if no one has any money to spend in local shops/businesses once the IMF lights are all green we are fine. No doubt we will continue to give money to the Anglo bond holders :rolleyes: . Clowns, can we get someone in that can actually run the place.

bear1

A bear market is a general decline in the stock market over a period of time.

Ok I get you now I thought you meant something along the lines of I cant BARE it or something.
I'd say at this point, I can see myself removing all my savings from the bank and hiding them under the mattress.. when get paid, remove it all and do the same.

mathie

Looks like I'll be chomping down own brand caviar tonight.

mathie

bear1 wrote: »

Ok I get you now I thought you meant something along the lines of I cant BARE it or something.
I'd say at this point, I can see myself removing all my savings from the bank and hiding them under the mattress.. when get paid, remove it all and do the same.

And you'd be right too ...

bear1

I wonder what would have become of the country if the then government had decided not to guarantee deposits/bailout the banks....
Probably all 3 credit rating agencies would have us as junk status... amazing how things can go from boom to bust in such a short time.

ScumLord

dr.bollocko wrote: »

Does this mean beer will be cheaper?

No, in Ireland everything gets more expensive in a recession.

Freddy Smelly

ScumLord wrote: »

No, in Ireland everything gets more expensive in a recession.

i bet the black market can sell us dangerous bootlegged guiness and budweiser cheap... might go blind though but the money you save can go towards buying a guide dog

uch

Blame the Public service again maybe ??

Wattle

We're the greatest little broke country in the world. Go us!

Nemeses

Wattle wrote: »

We're the greatest little broke country in the world. Go us!

We're more broke than Greece?

Ga'wan - This should be in the Guinness book of records

donegal_road

the new government have turned the country right around....

360 degrees

WoollyRedHat

super_furry wrote: »

Let's all put the Commitments on and have a nice cup of tea.

If only this was the solution to all lifes questions.

RiverOfLove

And it's from RTE

at a time that many have copped to fcuk on to FG. It's just a smokescreen for the plebs who follow RTE Like a bible. Take the news of FG very quickly.

fishy fishy

going forward I think we've turned a corner a hundred and ten percent.

Nemeses

fishy fishy wrote: »

going forward I think we've turned a corner a hundred and ten percent.

I'm sure there's no corners, Just a sphere - We just keep going around and around!

paddy147

bear1 wrote: »

Well that is a surprise....

http://www.rte.ie/news/2013/0627/459204-cso-recession-gdp/

All this nonsense of jobs being created here, there and everywhere in between.. austerity being the answer to everything and that we are a great example to europe.
Load of ****e.
I'd say we are in the ****ter again

Dont worry about it........Enda Kenny doesnt give a hoot....he never did.As long as he and all his "buddies" are all kept in their nice cushy jobs then thats all that matters.


Banks given more powers today to harrass and bully people in mortgage distress and 3 months before a persons house can be taken off them.



But hey,remember what Enda told us all in his address to the nation????




"you were not to blame"

IM0

honestly these economists are ****ing idiots, consumer spending makes up a significant percentage of the economy so why do they tell people [thats a rhetorical question I already know the answser btw] so that when the public hear it they spend less, and so making the situation even worse.

ITS A ****ING FIRESALE

gob****es :rolleyes: :mad::mad::mad:

bear1

The thing is, this country would 100 times better if we could for once have a proper government which dont talk bo33ocks 7 days a week.
I thought they said we would outgrow any other Eurozone nation this year? or was it the next - cant remember.
Honestly I couldnt give a ****e that the EU is pissed at these Anglo clowns as its us who have to deal with it in the long run.

****ING STUPID ***** THE LOT OF THEM!!!!!!!!!!!!!!!!! and the solution is to increase ****? increase my ****in wages then as well ye *****

Cee-Jay-Cee

I bought a can of fanta, 1/4 lb of cola bottles, packet of cheeses twists today. No recession in my house.

notnumber

The numbers are being massaged ..oh back in recession paves the way for the next austerity budget.

Duggy747

I knew something was up when Dunnes were selling 5 donuts for €1.10 now instead of a €1 for 6.

charlemont

Should be out of here come August, Can't wait...

NuckingFacker

charlemont wrote: »

Should be out of here come August, Can't wait...

Of After Hours? This is the Hotel California, aint no leaving gonna happen.