Cork Boy 53 wrote: » What evidence other than anecdotes do you have for this claim?
is_that_so wrote: » But you still floated it out there like a fake news virus!
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
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.
Cork Boy 53 wrote: » Indeed. A very Trump like statement.
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.
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.
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.
JoeA3 wrote: » Ivan Yeats is on fire! Newstalk right now...
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?
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.
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?
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.
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.
Kermit.de.frog wrote: » That is not true. Do you know the timelines of the continental countries? Do you know their plans?
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 ...
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/
easypazz wrote: » A lot of them opening pubs this month, 3 months before us.
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
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 ...
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/
Princess Consuela Bananahammock wrote: » Don't believe any country has set a date for opening pubs yet...?
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?
easypazz wrote: » Loads have, read back the thread for info., or use google.
