Pelezico wrote: » The public sector are delighted with current events...
Pelezico wrote: » I was so naive as a young man. The woman he referred to was a trainee national school teacher an only child of older well to do parents who owned a fair but of property. Just recently, I was sitting in my car, eating an icecream and scratching my balls when I saw her get into the passenger seat of a four wheel drive 19 plate. She looked very affluent. I could swear I saw the husband give me the wink of a very satisfied man as I sat there staring at them. I just gave my icecream another lick, continued scratching my balls and pondered human existence.
awec wrote: » Everyone will go back to the old ways. Not even the most pessimistic crank believes this is going to be around forever. Within a few years the covid aspect of this will all be yesterday’s news.
Balluba wrote: » You probably told your father that you would marry the one woman in the universe who would make you happy. Imagine that.
Pelezico wrote: » The public sector are delighted with current events. The deeper the recession, the better off they will be. My father used to tell me 40 years ago to marry a laying hen, a teacher or public sector worker who would keep the money coming in during hard times.
Wanderer78 wrote: » jobs may not disappear over night, but you can be damn sure, if we dont keep the larger employer of the state, sme's, you ll quickly have dole queues growing!
Mic 1972 wrote: » Tech companies hire into a variety of jobs that may not be technical at all.If the Irish economy revolves around the multinational corps then jobs aren't going to disappear overnight Amazon alone is doubling its size in ireland and it's all work from home
Curious_Case wrote: » Is there an Irish website that can estimate property value based on the usual parameters ? House type No. of beds No. of bathrooms Size of garden Parking County etc. Property Price Register isn't really helpful as mine is a poorly maintained house, but in a good area.
Leozord wrote: » By my personal experience, this is not true My company is hiring here in Dublin. We hired professionals/interns during the pandemic, without even face-to-face meeting. People are still joining on a weekly basis. Job offers from linkedin recruiters haven't been impacted, to be honest I've received even more offers. I'm not saying tech is flying and it is unbeatable, but it didn't get any major impact, at least within my social circle. Are there any other SDEs here who could relate?
coolshannagh28 wrote: » This may not be the proper forum but of our current 200bn + debt , 50 was carried into the last recession and roughly 40 be went into the banking and property sector and the balance of 110 + billion went into the public side .
Wanderer78 wrote: » nope, the rapid rise of private debt was the main cause of the last recession, this is clearly obvious in the data, and this was obviously due to the encouragement of rapidly growing property prices and connected activities, etc. again, theres also plenty of data and research to prove, rising private debt is far more dangerous than rapidly rising public debt, this just doesnt suit certain political and economic ideologies
Assetbacked wrote: » On (1) we know that even the tech companies have cut jobs and where they haven't, they have stopped hiring.
Pelezico wrote: » Were you hitting on her at the time?
PropQueries wrote: » Interesting article on university students, Covid and the rental market “Students in rush for cars as they can’t afford rents in the city”. “Peter remarked that his own daughter had an accommodation bill of €10,000 in college in Dublin last year, without accounting for food, fees or other expenses. Due to COVID, some students may only be going back for eight hours a week of lectures and to have to pay a full week’s accommodation for that would be madness." Link to article in Irish independent here: https://m.independent.ie/regionals/corkman/news/students-in-rush-for-cars-as-they-cant-afford-rents-in-the-city-39537471.html
Pelezico wrote: » The one house in the universe which will make him happy. Imagine that.
neutral guy wrote: » God ways unknown.Simply keep holding and increasing your ammount of money and keep looking.
Balluba wrote: » I constantly pass a house that I would like to buy. It has been rented out for several years. It had a market value of around €530,000 (pre covid) A friend checked it out and it sold to the current owners in 1997 with a charge of 120,000 held by the Bank. In 2017 that charge of €120,000 was sold on by the bank to Oyster Prementoria (vulture) This house suits me for many reasons and there is no other house like it on the road. Am I wasting my time hoping that it will come on the market?
coolshannagh28 wrote: » Wrong , our public debt in the form of rising PS wages and costs caused the last recession , private debt may have triggered it but the public debt left over from that will cripple us in the next depression.
Wanderer78 wrote: » again, rising public debt has caused far less problems than rising private debt, as we ve recently experienced, yet again
neutral guy wrote: » I dont worry about growing debt of Ireland untill country able pay her debt and investors continue lending. In last years money are very cheap on markets if not free what is good for refinance the debt Some money are even with negative rate But money will be more expensive once global recession will be started If country will be in trouble pay her debt VAT will be rised to 30 per cent / income taxes to heaven high/etc/etc/etc How much people has savings in Ireland ?240 billions ? What is debt of Ireand ? So there is plenty place to rise taxes,country has plenty money.
