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The Boom 2.0 ?

  • 18-02-2019 5:10pm
    #1
    Registered Users, Registered Users 2 Posts: 4,359 ✭✭✭


    So are we now boomier than the last boom? What will we call this one?


«1

Comments

  • Registered Users, Registered Users 2 Posts: 10,684 ✭✭✭✭Samuel T. Cogley


    jon1981 wrote: »
    So are we now boomier than the last boom? What will we call this one?


    No. We can call this one fùcked by the Brits.


  • Registered Users, Registered Users 2 Posts: 5,554 ✭✭✭valoren


    Another economic boom (from the 90's) or another credit boom (from the 00's)?


  • Registered Users, Registered Users 2 Posts: 11,790 ✭✭✭✭BattleCorp


    This will be a very short lived boom considering that Europe is teetering on the brink of recession and that's even before Brexit has fully kicked in.


  • Registered Users, Registered Users 2 Posts: 4,359 ✭✭✭jon1981


    No. We can call this one fùcked by the Brits.

    So something catchy like "that time the Brits ****ed us ... Again!"


  • Registered Users, Registered Users 2 Posts: 8,034 ✭✭✭mad muffin


    Boom 2.0? It’s been boom to bust to boom again and so on, from the time of the dinosaurs. And it will continue until we stop using money.


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  • Registered Users, Registered Users 2 Posts: 43,028 ✭✭✭✭SEPT 23 1989


    this time its different


  • Registered Users, Registered Users 2 Posts: 5,022 ✭✭✭jamesbere


    More like a bang


  • Site Banned Posts: 5 wanmo


    Boom 2.0??

    I prefer Boom_Bap


  • Registered Users, Registered Users 2 Posts: 18,719 ✭✭✭✭_Brian


    jon1981 wrote: »
    So are we now boomier than the last boom? What will we call this one?

    A boom within the pale ?


  • Banned (with Prison Access) Posts: 2,492 ✭✭✭pleas advice


    Boom Harder


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  • Registered Users, Registered Users 2 Posts: 1,523 ✭✭✭Reckless Abandonment


    Kaboom...


  • Posts: 0 [Deleted User]


    electric boomaloo


  • Registered Users, Registered Users 2 Posts: 2,359 ✭✭✭Ninthlife


    I know what you did last boom


  • Registered Users, Registered Users 2 Posts: 6,123 ✭✭✭Trigger Happy


    Any danger of a soft landing?


  • Registered Users, Registered Users 2 Posts: 12,033 ✭✭✭✭Richard Hillman


    I'm not booming


  • Closed Accounts Posts: 40,061 ✭✭✭✭Harry Palmr


    Pale Boom (Pail Boom with a hole in it), cos it sure ain't happening where I live.


  • Closed Accounts Posts: 7,275 ✭✭✭Your Face


    B2
    Judgement Day


  • Registered Users, Registered Users 2 Posts: 2,933 ✭✭✭holystungun9


    Can't believe it's not booming


  • Registered Users, Registered Users 2 Posts: 6,787 ✭✭✭Feisar


    Any danger of a soft landing?

    Do ya remember that ****e talk on Prime Time/News/everywhere?

    First they came for the socialists...



  • Registered Users, Registered Users 2 Posts: 2,676 ✭✭✭thunderdog


    I can see a lot of cranes around Dublin that might indicate a boom, but are we eating as many chicken fillet rolls as we did just over a decade ago? That will really tell us if we are full on back in the noon cycle again


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  • Closed Accounts Posts: 1,807 ✭✭✭Jurgen Klopp


    Is it a boom or just construction in Dublin catching up after nothing being done during the recession?

    For teh moment banks seem to made keep a tight rein in large lending

    However I've read several articles that personal debt as in small loans and in particular PCP finance on cars is enough to cause another fairly large recession in the UK

    Given how popular PCP is here it might not be much different


  • Closed Accounts Posts: 382 ✭✭Giveaway


    second the above re pcps and personal loans. with the the central bank rules on mortgage finance the banks had to find other loans to sell(PCP,personal loans,)
    i foresee another universal social charge to pay for the bailed out banks that lost billions lending money to gobdaws so they could own a chromebook for just 4 euro a week


  • Registered Users, Registered Users 2 Posts: 1,817 ✭✭✭marvin80


    thunderdog wrote: »
    I can see a lot of cranes around Dublin that might indicate a boom, but are we eating as many chicken fillet rolls as we did just over a decade ago? That will really tell us if we are full on back in the noon cycle again

    Burritos are the new chicken fillet rolls


  • Registered Users, Registered Users 2 Posts: 6,787 ✭✭✭Feisar


    thunderdog wrote: »
    I can see a lot of cranes around Dublin that might indicate a boom, but are we eating as many chicken fillet rolls as we did just over a decade ago? That will really tell us if we are full on back in the noon cycle again

    I work in construction, a supprising amount of lads eating salads these days.

    First they came for the socialists...



  • Registered Users, Registered Users 2 Posts: 27,349 ✭✭✭✭super_furry


    Was out with friends having a few pints in Ranelagh at the weekend and one of them wanted to check out the new hotel bar, the Devlin. Four of us head down only to be told that the bar is 'booked out' and that there's a waiting list for it.

    WE'RE BACK BABY!


  • Closed Accounts Posts: 1,807 ✭✭✭Jurgen Klopp


    Giveaway wrote: »
    second the above re pcps and personal loans. with the the central bank rules on mortgage finance the banks had to find other loans to sell(PCP,personal loans,)
    i foresee another universal social charge to pay for the bailed out banks that lost billions lending money to gobdaws so they could own a chromebook for just 4 euro a week

    The one for me living in a rural area is the massive amounts of people I know are hardly making 400 a week after tax driving around in a new BMW, Audi or Mercedes every 2 years it's feckin unreal


  • Registered Users, Registered Users 2 Posts: 4,359 ✭✭✭jon1981


    http://www.fabulosityparties.ie/

    Yes it's back...far from fabulosity parties i was raised!

    Tl;dr for those who don't want to read it:

    "Fabulosity is a brand new purposely designed kid’s day spa, located in the heart of Terenure village, Dublin, hosting parties for children aged between 4-13 years.
    As two busy mums ourselves we have created a party experience with both the child and the parents’ needs in mind."


  • Registered Users, Registered Users 2 Posts: 16,848 ✭✭✭✭AMKC
    Ms


    Nope no boom here. The recession never ended.

    Live long and Prosper

    Peace and long life.



  • Registered Users, Registered Users 2 Posts: 1,054 ✭✭✭Tuco88


    Feisar wrote: »
    thunderdog wrote: »
    I can see a lot of cranes around Dublin that might indicate a boom, but are we eating as many chicken fillet rolls as we did just over a decade ago? That will really tell us if we are full on back in the noon cycle again

    I work in construction, a supprising amount of lads eating salads these days.

    Have you noticed they put more effort into their lunch than actual work?

    Give me the glory boys of the 90/00s breckfast rolls galore. Or better still the liquid lunch lads from the 70/80s those are the lads could citys for ya.


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  • Posts: 0 [Deleted User]


    Feisar wrote: »
    I work in construction, a supprising amount of lads eating salads these days.

    I've said it before - the obesity epidemic is a thing of the 2000s and has long passed.


  • Posts: 5,518 ✭✭✭ [Deleted User]


    Feisar wrote: »
    I work in construction, a supprising amount of lads eating salads these days.

    My local Centrais a good indicator of this. They now have a queue of lads every morning getting chopped salads and fulfill bars instead of breakfast rolls and snickers.


  • Registered Users, Registered Users 2 Posts: 168 ✭✭AdamB


    Boomsday


  • Registered Users, Registered Users 2 Posts: 24,414 ✭✭✭✭Kermit.de.frog


    AMKC wrote: »
    Nope no boom here. The recession never ended.

    Ah now, that's enough about Britain...


  • Registered Users, Registered Users 2 Posts: 3,782 ✭✭✭dmc17


    Boom boom?


  • Registered Users, Registered Users 2 Posts: 5,876 ✭✭✭The J Stands for Jay


    jon1981 wrote: »
    So are we now boomier than the last boom? What will we call this one?

    You mean the one that ended in 2018 and you haven't realised it yet?


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  • Registered Users, Registered Users 2 Posts: 2,092 ✭✭✭The Tetrarch


    Kaboom. :o


  • Registered Users, Registered Users 2 Posts: 27,349 ✭✭✭✭super_furry


    Every GAA team and football team seems to be having huge raffles to win a house. Don't remember that from the last go round.


  • Closed Accounts Posts: 7,070 ✭✭✭Franz Von Peppercorn


    It’s nowhere near as boomy as the Celtic tiger ballcrap. Wages have been fairly stagnant. Taxes are still high. Housing is moderating. Rents are eating into disposable income.

    And we’re afeared. We’re afeared of the boom.


  • Closed Accounts Posts: 7,070 ✭✭✭Franz Von Peppercorn


    Hotel prices are nuts though.


  • Posts: 24,714 ✭✭✭✭ [Deleted User]


    Is it a boom or just construction in Dublin catching up after nothing being done during the recession?

    For teh moment banks seem to made keep a tight rein in large lending

    However I've read several articles that personal debt as in small loans and in particular PCP finance on cars is enough to cause another fairly large recession in the UK

    Given how popular PCP is here it might not be much different

    Anyone who writes an article saying pcp could cause a recession is financially illiterate and should be ignored.

    The absolute worst case ending of a pcp is the car being handed back. Handing it back covers the money owed and the garage can sell it on for a profit. The owner who hands it back loses some money on it (the equity left in the car) and has no car but they don’t have a debt. How can pcp lead to a recession?


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  • Banned (with Prison Access) Posts: 116 ✭✭Sajid Javid


    Well the Irish never call anything by its correct name (no offense) and blame everybody and everything for all that has gone wrong and is wrong and your leaders are so good at this that they apportion blame for the disaster which has not happened yet in advance usually the Brits get the blame and for the good historic reason that they committed genocide against the Irish yet the Irish establishment refers to it as the great famine even Jeremy Corybn can call it what it was (link below)
    I will skip what was called The Rising, The Cause, The Rebellion, and The Troubles all caused by British Imperialism and jump to The Crash, for the most part media organisations around the world refer to it as the World Wide Financial Crash, The Banking Crash, The Financial Melt Down and so on yet Ireland one of the top ten most indebted countries in the world refers to it as simply The Crash or The Property Crash with no mention of banks or money therefore no mention of treason, fraud, greed and absolutely no need for accountability or a future history lesson for your children or your childrens children just a sorry your in the kaka it was The Crash.
    To sum it up the name already exists in most peoples mind and it has been placed there by the establishment with the help of the repetitive outpourings from politicians, rte and all the other vested status quo individuals and organisations, your leader along with the rte muppets love to parrot the phrase and have been doing so for a long period of time.
    Somebody appears to have given Leo Varadkar the two Simons (not Biblical) Clare Byrne Marian and Miriam a licence to implant the Irish Hippocampus with what should be future historic terms.
    Ever wonder who gives them their orders? you will when the IMF come back and Europe turns its back because the Brits will just want to give the cold shoulder and there will be no more nice guys left no more you decide Mr Government because Ireland is the new Venezuela.

    POST BREXIT

    https://www.facebook.com/watch/?v=2216835661919697


  • Registered Users, Registered Users 2 Posts: 4,359 ✭✭✭jon1981


    <insert anchor man escalation meme here>


  • Closed Accounts Posts: 7,070 ✭✭✭Franz Von Peppercorn


    Anyone who writes an article saying pcp could cause a recession is financially illiterate and should be ignored.

    The absolute worst case ending of a pcp is the car being handed back. Handing it back covers the money owed and the garage can sell it on for a profit. The owner who hands it back loses some money on it (the equity left in the car) and has no car but they don’t have a debt. How can pcp lead to a recession?

    Yeh, it’s nonsense. If all pcp loans defaulted then there would be no effect on the economy expect the few people who defaulted don’t have the equity they expected and there’s a possible glut of second hand cars.


  • Closed Accounts Posts: 7,070 ✭✭✭Franz Von Peppercorn


    Well the Irish never call anything by its correct name (no offense) and blame everybody and everything for all that has gone wrong and is wrong and your leaders are so good at this that they apportion blame for the disaster which has not happened yet in advance usually the Brits get the blame and for the good historic reason that they committed genocide against the Irish yet the Irish establishment refers to it as the great famine even Jeremy Corybn can call it what it was (link below)
    I will skip what was called The Rising, The Cause, The Rebellion, and The Troubles all caused by British Imperialism and jump to The Crash, for the most part media organisations around the world refer to it as the World Wide Financial Crash, The Banking Crash, The Financial Melt Down and so on yet Ireland one of the top ten most indebted countries in the world refers to it as simply The Crash or The Property Crash with no mention of banks or money therefore no mention of treason, fraud, greed and absolutely no need for accountability or a future history lesson for your children or your childrens children just a sorry your in the kaka it was The Crash.
    To sum it up the name already exists in most peoples mind and it has been placed there by the establishment with the help of the repetitive outpourings from politicians, rte and all the other vested status quo individuals and organisations, your leader along with the rte muppets love to parrot the phrase and have been doing so for a long period of time.
    Somebody appears to have given Leo Varadkar the two Simons (not Biblical) Clare Byrne Marian and Miriam a licence to implant the Irish Hippocampus with what should be future historic terms.
    Ever wonder who gives them their orders? you will when the IMF come back and Europe turns its back because the Brits will just want to give the cold shoulder and there will be no more nice guys left no more you decide Mr Government because Ireland is the new Venezuela.

    POST BREXIT

    https://www.facebook.com/watch/?v=2216835661919697

    As I read that that it got me angrier and angrier. I almost spilt me tea.

    But then I realised it was just incoherent bollocks.


  • Registered Users, Registered Users 2 Posts: 1,114 ✭✭✭trixiebust


    When there's adverts on TV from banks pushing loans for a kiddies playhouse out the backyard. WTF is that about?


  • Registered Users, Registered Users 2 Posts: 6,085 ✭✭✭Charles Babbage




  • Closed Accounts Posts: 382 ✭✭Giveaway


    Yeh, it’s nonsense. If all pcp loans defaulted then there would be no effect on the economy expect the few people who defaulted don’t have the equity they expected and there’s a possible glut of second hand cars.
    Massive glut repossessed pcp cars being sold into a market with massively reduced spending power selling for less than the equity in the pcp loan. I bet a new financial product has been developed masking ****ty pcp debt just like the subprime mortgages prior to the last bust. Same sh1t, different flavour


  • Closed Accounts Posts: 7,070 ✭✭✭Franz Von Peppercorn


    Giveaway wrote: »
    Massive glut repossessed pcp cars being sold into a market with massively reduced spending power selling for less than the equity in the pcp loan. I bet a new financial product has been developed masking ****ty pcp debt just like the subprime mortgages prior to the last bust. Same sh1t, different flavour

    Nowhere near as destructive. It will harm one industry.

    I’m not saying there won’t be a post Brexit recession, or a recession. I can’t see it being as destructive. If it is we’re doomed.


  • Registered Users, Registered Users 2 Posts: 316 ✭✭ROAAAR


    Give over the boom is only going to get boomier so would you all stop sitting on the sidelines cribbing and moaning. In fact I don’t know how people who engage in that don’t commit suicide.


  • Registered Users, Registered Users 2 Posts: 789 ✭✭✭Beanntraigheach


    Boom 2: Boom Harder


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