The Boom 2.0 ?

jon1981 · 18-02-2019 6:10pm #1

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

Samuel T. Cogley · 18-02-2019 6:17pm

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.

valoren · 18-02-2019 6:18pm

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

BattleCorp · 18-02-2019 6:20pm

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.

jon1981 · 18-02-2019 6:21pm

Samuel T. Cogley wrote: »

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

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

mad muffin · 18-02-2019 6:29pm

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.

SEPT 23 1989 · 18-02-2019 6:35pm

this time its different

jamesbere · 18-02-2019 7:06pm

More like a bang

wanmo · 18-02-2019 7:08pm

Boom 2.0??

I prefer Boom_Bap

_Brian · 18-02-2019 7:12pm

jon1981 wrote: »

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

A boom within the pale ?

pleas advice · 18-02-2019 7:12pm

Boom Harder

Reckless Abandonment · 18-02-2019 7:14pm

Kaboom...

18-02-2019 7:14pm

electric boomaloo

Ninthlife · 18-02-2019 7:19pm

I know what you did last boom

Trigger Happy · 18-02-2019 7:22pm

Any danger of a soft landing?

Richard Hillman · 18-02-2019 7:23pm

I'm not booming

Harry Palmr · 18-02-2019 7:24pm

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

Your Face · 18-02-2019 7:28pm

B2
Judgement Day

holystungun9 · 18-02-2019 8:14pm

Can't believe it's not booming

Feisar · 18-02-2019 8:18pm

Trigger Happy wrote: »

Any danger of a soft landing?

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

thunderdog · 18-02-2019 8:21pm

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

Jurgen Klopp · 18-02-2019 8:37pm

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

Giveaway · 18-02-2019 8:44pm

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

marvin80 · 18-02-2019 8:48pm

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

Feisar · 18-02-2019 8:54pm

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.

super_furry · 18-02-2019 8:57pm

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!

Jurgen Klopp · 18-02-2019 9:00pm

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

jon1981 · 18-02-2019 9:01pm

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."

AMKC · 18-02-2019 9:10pm

Nope no boom here. The recession never ended.

Tuco88 · 18-02-2019 10:27pm

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.

18-02-2019 11:15pm

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.

18-02-2019 11:24pm

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.

AdamB · 18-02-2019 11:25pm

Boomsday

Kermit.de.frog · 18-02-2019 11:25pm

AMKC wrote: »

Nope no boom here. The recession never ended.

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

dmc17 · 18-02-2019 11:27pm

Boom boom?

The J Stands for Jay · 18-02-2019 11:29pm

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?

The Tetrarch · 18-02-2019 11:30pm

Kaboom.

super_furry · 18-02-2019 11:40pm

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.

Franz Von Peppercorn · 19-02-2019 12:00am

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.

Franz Von Peppercorn · 19-02-2019 12:00am

Hotel prices are nuts though.

19-02-2019 12:02am

Jurgen Klopp wrote: »

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?

Sajid Javid · 19-02-2019 12:05am

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

jon1981 · 19-02-2019 12:10am

Franz Von Peppercorn · 19-02-2019 12:11am

Rocky Victorious Milkshake wrote: »

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.

Franz Von Peppercorn · 19-02-2019 12:14am

Sajid Javid wrote: »

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.

trixiebust · 19-02-2019 12:14am

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

Charles Babbage · 19-02-2019 12:18am

https://www.youtube.com/watch?v=lz5ZCu25hVg

Giveaway · 19-02-2019 12:25am

Franz Von Peppercorn wrote: »

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

Franz Von Peppercorn · 19-02-2019 12:45am

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.

ROAAAR · 19-02-2019 2:58am

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.

Beanntraigheach · 19-02-2019 7:06am

Boom 2: Boom Harder

The Boom 2.0 ?

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