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Another boom to bust cycle

  • 10-02-2016 8:31am
    #1
    lufties
    Registered Users, Registered Users 2 Posts: 3,507 ✭✭✭


    So, according to the meeja and vested interests, things are getting boomier again. Ah yes, back to the good old days, frivalous spending, the craic, ah shur we deserve a bit of good fortune. Joking aside, nothing has been done to prevent history repeating itself. Also, and the same old greedygob****es are calling the shots. Its easy enough to get caught up in it all, but are those in power repeating the same mistakes?


Comments

  • #2
    andrew
    Moderators, Science, Health & Environment Moderators, Society & Culture Moderators Posts: 3,372 Mod ✭✭✭✭andrew


    Well there's the mortgage lending restrictions, which ought to prevent history repeating itself exactly. In what sense do you see history repeating itself, except to the extent that historically there have been periods of high economic growth?


  • #3
    FreudianSlippers
    Registered Users, Registered Users 2 Posts: 20,397 ✭✭✭✭FreudianSlippers


    +1

    Not to mention there has been absolutely zero "frivolous spending". :confused:


  • #4
    ancapailldorcha
    Moderators, Category Moderators, Science, Health & Environment Moderators, Social & Fun Moderators, Society & Culture Moderators Posts: 40,537 CMod ✭✭✭✭ancapailldorcha


    Given that the OP is below the standard of posting expected here, I am closing this. Lufties, please read the charter before posting again.

    The foreigner residing among you must be treated as your native-born. Love them as yourself, for you were foreigners in Egypt. I am the LORD your God.

    Leviticus 19:34



This discussion has been closed.
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