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.