Wheeliebin30 wrote: » 6 out of 7 people who emigrated had a job at the time.
A Little Pony wrote: » This is down to Enda Kenny and his fantastic government and his leadership.
Arghus wrote: » And politically, Fianna Fail look set to be the biggest party once more after the next election, despite how we thought we wouldn't be caught dead doing that again.
Arghus wrote: » So we both agree that a lot of people left the country! I'd like to see some evidence to back that 6 in 7 statistic up.
catbear wrote: » That's the kicker for me, seeing FF being popular again but don't overlook that they've a rival in SF for the first time and what I saw in the last election the older FF faithful came back but their next generation voted SF.
Ulysses Gaze wrote: » Don't worry. The Soldiers of Bankruptcy may be the largest party and leading Government after the next election, but after 8/10 years of their rule they'll balls up the economy again on another crazy property & Public Service scheme to win votes. As they always do.
unit 1 wrote: » I don't know which is more shocking, how bad the previous ff administrations were, or that the electorate have forgotten how bad they were.
SPDUB wrote: » One question ,who the hell is Morgan Kelly
For a mild-mannered academic who shuns the public eye, economist Morgan Kelly has a knack of getting under the skin of his detractors. He has been ridiculed, dismissed as a loony and his prescient predictions on the property crash were widely credited with provoking former Taoiseach Bertie Ahern's bewilderment in 2007 at why people on the sidelines "cribbing and moaning . . . don't commit suicide . . ."
Anglo was on its way over the cliff but, publicly, the government was still talking about pumping in €1.5bn to keep it going. Morgan Kelly predicted that - based on the €80bn it had lent to developers - Anglo Irish Bank's losses would not be €15bn but could be twice that. The government's €1.5bn investment would "vaporise in months": "For all it will achieve, the money might as well be piled up in St Stephen's Green and incinerated," Mr Kelly wrote. Over at Anglo's Stephen's Green headquarters, at least some of the remaining executives who had not jumped or been thrown overboard, were outraged.
He had plenty of practice way back in the day, as a lonely, maverick economist heralding the last gasp of the Celtic Tiger. In 2007, he wrote the iconic Irish Times column predicting that house prices would fall by 60pc. He was rubbished in many quarters, most notably by stakeholders in the property market.
Mr Kelly hasn't played up his celebrity economist status. He is an academic who studied at Trinity College and Yale University in the US, was an assistant professor at Cornell University, a lecturer at University College Dublin and is currently professor of economics there. He doesn't blog or tweet and appeared on television once. He delivers his thoughts on the Irish economy in his academic papers and to the nation generally via the Irish Times. He doesn't usually do interviews either, except to Vanity Fair. He was depicted as one of the heroes in its epic analysis of Ireland's bust by the writer, Michael Lewis [whose books include The Big Short and Moneyball], in 2011.
unit 1 wrote: » It quite amazing reading boards and pie the amount of people who still think we should have come through the greatest financial crisis in our history without any consequences for our incomes and standard of living. The amnesia of the irish electorate in their treatment of fg in particular reflects very badly on them. But of course ff expected this and shockingly the man who was minister of foreign affairs, and in bed, on the night of the bank guarantee is still around. The british chancellor of the exchequer (who we had to go cap in hand to and beg €7 billion off iirc) found out about it in the papers. I don't know which is more shocking, how bad the previous ff administrations were, or that the electorate have forgotten how bad they were.
76544567 wrote: » Morgan Kelly should have quit while he was ahead. You don't go repeating the trick or people will cotton on you were just guessing the first time you got it right. If you leave it after the first guess is write there are plenty of people who will think you are a genius.
catbear wrote: » I owe Morgan Kelly a huge debt because after I read his first piece back in 06 I put off taking out a mortgage. I had read McWilliams Generation game but the Kelly cut straight to the point without waffle. For the next two years I listened to family and friends saying I was mad to continue renting, even after the bank bailout and then once the bust was accepted as conventional wisdom I was told by the same people I had been lucky I didn't buy.
SEPT 23 1989 wrote: » Just watching rte now 325,0000 for a house in Crumlin people queuing outside the door It's happening again May the lord have mercy on their souls
Mongfinder General wrote: » So when did you end up buying a house?
Patww79 wrote: » If things get good again then all the ones who emigrated should be barred from re-entry for five years so the rest of us can enjoy it properly.
Patww79 wrote: » This post has been deleted.
