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Relaxation of restrictions Part II

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Comments

  • #8192
    snowcat
    Registered Users, Registered Users 2 Posts: 1,218 ✭✭✭snowcat


    Cork Boy 53 wrote: »
    What evidence other than anecdotes do you have for this claim?

    https://www.rte.ie/news/coronavirus/2020/0505/1136477-covid19-coronavirus-europe/


  • #8193
    Cork Boy 53
    Banned (with Prison Access) Posts: 3,829 ✭✭✭Cork Boy 53


    is_that_so wrote: »
    But you still floated it out there like a fake news virus! :p

    Indeed. A very Trump like statement.


  • #8194
    Nickindublin
    Registered Users, Registered Users 2 Posts: 724 ✭✭✭Nickindublin


    frillyleaf wrote: »
    I find it astonishing that the amount we lost in April - due to a pandemic - is only a fraction of what Ireland was bailed out by years ago. I know that is off topic but it is hard to understanding just how massive the bail out was when I look back at it now ! It’s hard to comprehend how much money we owe

    This will tip us over. We have way too much debt coming into this. The longer we keep the economy lock down the worse its going to be. We have the payments going out etc but the longer these business are closed the more wont re open. We had 200k unemployment approx coming into this. We could end up with 700 k at the end of year. Government income down from a projected 64 Billion to 49 Billion this year. Thats a loss of 14 billion plus we could be paying out for an extra 500k unemployed more than we thought. If the markets change our borrowing costs could flip from low interest to sky rocket rates and that would mean a bailout is required.


  • #8195
    is_that_so
    Registered Users, Registered Users 2 Posts: 32,136 ✭✭✭✭is_that_so


    road_high wrote: »
    Wouldn’t be too confident they’ll all be back and for long? How much are banks and investors going to be putting up for the next projects?
    Who in their right minds would be investing in new shops, offices, gyms etc right now with the current mania? Very few I’d imagine.
    From what's happened elsewhere, Austria, Denmark etc, they should be out there until whenever they expect it to return. That would be from autumn it seems.


  • #8196
    snowcat
    Registered Users, Registered Users 2 Posts: 1,218 ✭✭✭snowcat


    Cork Boy 53 wrote: »
    Indeed. A very Trump like statement.

    Im no trump supporter. Im an engineer. A study today showed the virus can transmit up to 8m at least from a cough. It is more like cigarette smoke in the region it travels.


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  • #8197
    stephenjmcd
    Registered Users, Registered Users 2 Posts: 15,443 ✭✭✭✭stephenjmcd


    Nickindublin wrote: »
    This will tip us over. We have way too much debt coming into this. The longer we keep the economy lock down the worse its going to be. We have the payments going out etc but the longer these business are closed the more wont re open. We had 200k unemployment approx coming into this. We could end up with 700 k at the end of year. Government income down from a projected 64 Billion to 49 Billion this year. Thats a loss of 14 billion plus we could be paying out for an extra 500k unemployed more than we thought. If the markets change our borrowing costs could flip from low interest to sky rocket rates and that would mean a bailout is required.

    Yup its staggering based on today's figures. But like we've seen on here the solution from some people is to keep the country in lockdown, ride it out by sitting at home watching netflix on €350 a week.

    Any fool can see how unsustainable it is. Theres only so much the country can borrow before credit dries up and as you referenced then we have to go running for a bailout again.

    But I think some here would reckon that's worth it for public health.


  • #8198
    is_that_so
    Registered Users, Registered Users 2 Posts: 32,136 ✭✭✭✭is_that_so


    snowcat wrote: »
    Im no trump supporter. Im an engineer. A study today showed the virus can transmit up to 8m at least from a cough. It is more like cigarette smoke in the region it travels.
    Was there anything on the directionality of it or the environment? Similar claims were made about supercharged sneezes about a month back. Fauci knocked that one back.


  • #8199
    snowcat
    Registered Users, Registered Users 2 Posts: 1,218 ✭✭✭snowcat


    is_that_so wrote: »
    Was there anything on the directionality of it or the environment? Similar claims were made about supercharged sneezes about a month back.

    Yes lots. I believe the video is on the New York Times online if anyone has subscription. It shows the differences with a mask as well. The mask works but the virus still dissipates. Really depends on airflow, wind direction, air speed, indoors, outdoors etc. 2m is pointless. Its like saying you wont inhale secondary cigarette smoke from 2m. You might and you might not. Same at 8m


  • #8200
    Nermal
    Registered Users, Registered Users 2 Posts: 2,836 ✭✭✭Nermal


    https://www.telegraph.co.uk/news/2020/05/05/exclusive-government-scientist-neil-ferguson-resigns-breaking/

    Is there anything this man can avoid making a mess of?


  • #8201
    gmisk
    Registered Users, Registered Users 2 Posts: 34,382 ✭✭✭✭gmisk


    JoeA3 wrote: »
    Ivan Yeats is on fire! Newstalk right now...
    Ah of course...the less successful follow up from the Kings of leon


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  • #8202
    gmisk
    Registered Users, Registered Users 2 Posts: 34,382 ✭✭✭✭gmisk


    Nermal wrote: »
    https://www.telegraph.co.uk/news/2020/05/05/exclusive-government-scientist-neil-ferguson-resigns-breaking/

    Is there anything this man can avoid making a mess of?
    Yikes almost as bad if not worse than the Scottish medical advisor and her little jaunts to the holiday home


  • #8203
    FintanMcluskey
    Registered Users, Registered Users 2 Posts: 8,621 ✭✭✭FintanMcluskey


    Nermal wrote: »
    https://www.telegraph.co.uk/news/2020/05/05/exclusive-government-scientist-neil-ferguson-resigns-breaking/

    Is there anything this man can avoid making a mess of?

    Have you ever seen unprofessionalism like that man? He need's to be held accountable for his recent and previous ineptitude.
    The lack of accountability is the science and immunology sectors is breathtaking. Some of the ridiculous unfounded claims never get called out but Trump is the problem!


  • #8204
    Tell me how
    Registered Users, Registered Users 2 Posts: 23,030 ✭✭✭✭Tell me how


    stephenjmcd wrote: »
    Yup its staggering based on today's figures. But like we've seen on here the solution from some people is to keep the country in lockdown, ride it out by sitting at home watching netflix on €350 a week.

    Any fool can see how unsustainable it is. Theres only so much the country can borrow before credit dries up and as you referenced then we have to go running for a bailout again.

    But I think some here would reckon that's worth it for public health.

    Do you think there is any chance Leo, Simon, Pascal et al are aware of the financial implications or is only people who are on Boards that have figured it out?


  • #8205
    Nickindublin
    Registered Users, Registered Users 2 Posts: 724 ✭✭✭Nickindublin


    stephenjmcd wrote: »
    Yup its staggering based on today's figures. But like we've seen on here the solution from some people is to keep the country in lockdown, ride it out by sitting at home watching netflix on €350 a week.

    Any fool can see how unsustainable it is. Theres only so much the country can borrow before credit dries up and as you referenced then we have to go running for a bailout again.

    But I think some here would reckon that's worth it for public health.

    Lets stay in lock down. No breast cancer scans etc have being performed. People ringing up and basically told no.

    I am a realist and we did have to lock down as i dont think we were ready. Major mistakes have been made. WE now need to exit this lock down by the end of June at the latest. Its simple we all have to take responsibility for our actions. Social distance where possible etc.


  • #8206
    FintanMcluskey
    Registered Users, Registered Users 2 Posts: 8,621 ✭✭✭FintanMcluskey


    Tell me how wrote: »
    Do you think there is any chance Leo, Simon, Pascal et al are aware of the financial implications or is only people who are on Boards that have figured it out?

    Simon is to busy figuring out how many Covid 18s are about!!
    Seriously though, the fact that the have imposed restrictions that will be months behind Europe, one would think no they dont seem to be aware.


  • #8207
    Kermit.de.frog
    Registered Users, Registered Users 2 Posts: 25,109 ✭✭✭✭Kermit.de.frog


    FintanMcluskey wrote: »
    Simon is to busy figuring out how many Covid 18s are about!!
    Seriously though, the fact that the have imposed restrictions that will be months behind Europe, one would think no they dont seem to be aware.

    That is not true.

    Do you know the timelines of the continental countries? Do you know their plans?


  • #8208
    ChelseaRentBoy
    Closed Accounts Posts: 473 ✭✭ChelseaRentBoy


    JoeA3 wrote: »
    Ivan Yeats is on fire! Newstalk right now...

    Heard him earlier and had me in stitches. The guys an absolute clown.


  • #8209
    gozunda
    Registered Users, Registered Users 2 Posts: 18,996 ✭✭✭✭gozunda


    Ginger n Lemon wrote: »
    Well the fact that you created 22% unemployment in the state should also be lauded. 14% permanent unemployment September onward into the next year. How many suicide deaths will occur from us sitting at home and putting younger generation into poverty? how many drug addicts will we create? Leo will not even give you an estimate, because it would be much higher than 1300. And younger generation has 50 + years ahead of them. Government has made a huge error and it will be very clear in a matter of 6 months from now.



    More generalisations and hyperbolic type speculation? Ok.

    Though I'd reckon you comment about drug use has some validity with a probable link to existing drug addicts and at least some casual / recreational users - with a lot of those being more likley interested in getting their next fix rather than any concern for others tbh.

    In 2018 there was a total of 352 people died by suicide. In just two months in 2020 1,125 people have died from the Corona virus. Yes people may take their own lives - gross speculations as to how many may take in the face of a pandemic in order to make a case against restrictions is in very poor taste at best.

    Younger generations will do fine imo. And like the last recession - the unemployment rate will fairly rapidly swing to effective full employment once things improve. Life isn't a box of chocolates no matter how much we demand it should be ...


  • #8210
    easypazz
    Closed Accounts Posts: 2,346 ✭✭✭easypazz


    Kermit.de.frog wrote: »
    That is not true.

    Do you know the timelines of the continental countries? Do you know their plans?

    A lot of them opening pubs this month, 3 months before us.


  • #8211
    road_high
    Registered Users, Registered Users 2 Posts: 19,858 ✭✭✭✭road_high


    Tell me how wrote: »
    Do you think there is any chance Leo, Simon, Pascal et al are aware of the financial implications or is only people who are on Boards that have figured it out?

    Well if their plan last week is anything to go by it would appear emphatically that no, they most certainly do not


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  • #8212
    brickster69
    Registered Users, Registered Users 2 Posts: 6,271 ✭✭✭brickster69


    Problem for Irelands economy is it's debt repayments going forward.

    Already of 50% of the income ( 19.5 Billion ) goes on annual debt servicing, and that's before Covid.

    https://commodity.com/debt-clock/ireland/

    "if you get on the wrong train, get off at the nearest station, the longer it takes you to get off, the more expensive the return trip will be."



  • #8213
    road_high
    Registered Users, Registered Users 2 Posts: 19,858 ✭✭✭✭road_high


    gozunda wrote: »
    More generalisations and hyperbolic type speculation? Ok.

    Though I'd reckon you comment about drug use has some validity with a probable link to existing drug addicts and at least some casual / recreational users - with a lot of those being more likley interested in getting their next fix rather than any concern for others tbh.

    Younger generations will do fine imo. And like the last recession - the unemployment rate will fairly rapidly swing to effective full employment once things improve. Life isn't a box of chocolates no matter how much we demand it should be ...

    It took about 6/7 years to regain the employment lost in the last recession. And that was with large scale emigration.
    Things will not just swing back to how they were. Can we at least be honest about it and try salvage some lesser damage before august


  • #8214
    road_high
    Registered Users, Registered Users 2 Posts: 19,858 ✭✭✭✭road_high


    brickster69 wrote: »
    Problem for Irelands economy is it's debt repayments going forward.

    Already of 50% of the income ( 19.5 Billion ) goes on annual debt servicing, and that's before Covid.

    https://commodity.com/debt-clock/ireland/

    Been saying that all along- it’s the servicing of the debt that will hurt current expenditure- welfare, health, public service wages. Many on here and elsewhere would sooner stick cotton wool in their ears though


  • #8215
    Princess Consuela Bananahammock
    Registered Users, Registered Users 2 Posts: 33,779 ✭✭✭✭Princess Consuela Bananahammock


    easypazz wrote: »
    A lot of them opening pubs this month, 3 months before us.

    Don't believe any country has set a date for opening pubs yet...?

    Everything I don't like is either woke or fascist - possibly both - pick one.



  • #8216
    gozunda
    Registered Users, Registered Users 2 Posts: 18,996 ✭✭✭✭gozunda


    road_high wrote: »
    It took about 6/7 years to regain the employment lost in the last recession. And that was with large scale emigration. Things will not just swing back to how they were. Can we at least be honest about it and try salvage some lesser damage before august

    And yet we did - to effective full employment.

    Who is saying things will swing back immediately? And yes going by the previous economic boom which witnessed large scale immigration of workers - things will indeed improve.

    As is the case with ths majority of other countries where the emphasis atm is dealing with the pandemic and keeping the number of cases under control so health services are not overwhelmed. No difficult to understand tbf.


  • #8217
    stephenjmcd
    Registered Users, Registered Users 2 Posts: 15,443 ✭✭✭✭stephenjmcd


    gozunda wrote: »
    More generalisations and hyperbolic type speculation? Ok.

    Though I'd reckon you comment about drug use has some validity with a probable link to existing drug addicts and at least some casual / recreational users - with a lot of those being more likley interested in getting their next fix rather than any concern for others tbh.

    In 2018 there was a total of 352 people died by suicide. In just two months in 2020 1,125 people have died from the Corona virus. Yes people may take their own lives - gross speculations as to how many may take in the face of a pandemic in order to make a case against restrictions is in very poor taste at best.

    Younger generations will do fine imo. And like the last recession - the unemployment rate will fairly rapidly swing to effective full employment once things improve. Life isn't a box of chocolates no matter how much we demand it should be ...

    Younger generations will do fine.... we can't buy our own houses at the moment as it is, how are we expected to do fine with another recession ?? I'd love to move out of home and buy my own apartment or house but we're completely priced out of the market.

    I've a full time job with quite a good salary and yet it would be nowhere near enough to satisfy the banks deposit requirements. That's going to become even more difficult when banks tighten lending now


  • #8218
    Kermit.de.frog
    Registered Users, Registered Users 2 Posts: 25,109 ✭✭✭✭Kermit.de.frog


    brickster69 wrote: »

    Already of 50% of the income ( 19.5 Billion ) goes on annual debt servicing, and that's before Covid.

    https://commodity.com/debt-clock/ireland/


    Can you provide a link that shows 50% of the state's annual income is servicing debt?

    I'd hate to think this was yet more fake news (and from a brexiter no less), it would make me flustered and sad :(


  • #8219
    easypazz
    Closed Accounts Posts: 2,346 ✭✭✭easypazz


    Princess Consuela Bananahammock wrote: »
    Don't believe any country has set a date for opening pubs yet...?

    Loads have, read back the thread for info., or use google.


  • #8220
    jmayo
    Registered Users, Registered Users 2 Posts: 13,224 ✭✭✭✭jmayo


    lord quackinton wrote: »
    If we had not locked down we would have had 2500 deaths max
    That is more then acceptable when you compare to the economic devastation coming
    I have put my cards in the table let me turn it on you

    How many people long term unemployed would you consider unacceptable before removing restrictions
    500k 750k 1million

    If I told you 5000 max would die this year from it but 750,000 would be left long term unemployed with thousands of children facing poverty, how would you respond?

    Are you a bit .... never mind I think I know the answer. :rolleyes:

    I am tired of trying to point out the obvious here, but a huge chunk of little old Ireland's economy that you and your cohorts keep chom[ing at the bit to save is outside of our control.

    A huge chunk of our effort goes on export related stuff you know.
    If the rest of the world is in some sort of lockdown what do you expect to do with the stuff we produce ?
    We can slaughter a sh** load of animals just in case the Brits open up McDonalds or the French fancy some extra lamb.
    Sure everyone out in the world will be investing in new stuff.

    And another huge chunk of our economy is based on tourism and visitors to this state.
    What the fook is a hotel in Killarney going to do when there is no one there, well apart from the nations heroes such as yourself. :rolleyes:
    What the fook will all those tourist attractions like the Guinnes Hopstore, etc do when it is only yourself and the people like you that are bothering to visit.
    If we open the economy as you claim what are the staff in Aer Lingus and Ryanair going to do ?
    I guess the pilots can taxi around the airport or maybe even do a few circuits for a laugh.

    Yes we can open building sites to start building again.
    We can open hardware shops, garden centres, hell even the pubs, but all of that is really consumer spending.
    And a lot of consumers have bigger issues than buying unnecessary shyte or going out.

    But anyway it is probably a waste of time explaining some things.
    We should all open away and fook the old.
    Oh and the healthcare professionals as well.

    Sure isn't it all a big conspiracy. :rolleyes:

    I am not allowed discuss …



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  • #8221
    Princess Consuela Bananahammock
    Registered Users, Registered Users 2 Posts: 33,779 ✭✭✭✭Princess Consuela Bananahammock


    easypazz wrote: »
    Loads have, read back the thread for info., or use google.

    I see....

    Everything I don't like is either woke or fascist - possibly both - pick one.



This discussion has been closed.
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