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Are children of the 90's and early 2000's capable of surviving the recession?

245

Comments

  • #32
    OPENROAD
    Registered Users, Registered Users 2 Posts: 11,692 ✭✭✭✭OPENROAD


    darkman2 wrote: »
    This is not as stated above - this is a financial collapse of a country. Call it what it is - not wholly language. TBH im shocked at this stage that people don't fully understand the consequences of the situation the country is in. With a collapse there is a time lag. Things on the surface - physical things - still suggest wealth of some sort. The country is now bust. This is a failed state but for the 500 million a week at a debt rate we cannot afford even in two years. The country is going to collapse, probrably into anarchy first. There may be a failed revolution but the writing is on the wall. How people can still have such notions and preconceptions is beyond me. The state of this country horrifies me. I think people are in denial that we are €24 billion in the red this year. This is catastophic. It is really too late to be talking about being ok. We are not ok. This time next year maybe people will really grasp the scope of the situation. The IMF will have been in by then of course.

    It is unlikely the IMF will come imo,can't see the EU allowing the IMF to come into a Eurozone country, though what will happen is that the IMF/EU will force us to make the cutbacks, as it is they have given us another year but they will want to see the govt start to make cuts NOW.


  • #33
    dan719
    Closed Accounts Posts: 1,597 ✭✭✭dan719


    darkman2 wrote: »
    You think people could not do that during the famine? No money means no food. I don't see what is hard to understand about that. Im really shocked so many people are still in denial about the reality of our situation. The country is already bankrupt. We won't be able to service our debts. Do people not accept this yet? FFS.

    Actually it is generally accepted that people in the famine did not the neccessary skills or technology to exploit our seas. And I'm pretty sure that the vegatable option was destroyed by blight. :rolleyes:

    You are scaremongering, and your posts are full of sh*t. I don't know whether you live in an urban or rural area, but you obviously have no familiarity with food producing sectors of the economy, where self consumption of product is so common, it is seen as vital to include it in GDP statistics.


  • #34
    Pride Fighter
    Registered Users, Registered Users 2 Posts: 5,727 ✭✭✭Pride Fighter


    darkman2 wrote: »
    Eh yeah - did not stop the famine did it? - no money = no food.

    We only produce enough food for 40 million people so yes we will starve:rolleyes::rolleyes::rolleyes:


  • #35
    john-joe
    Closed Accounts Posts: 797 ✭✭✭john-joe


    Piste wrote: »
    Ok yes things are bad. We get it. You've pretty much said that in all your posts.


    Now what has that to do with the generation of the 90s and 00s? Considering it was the people of the 50s and 60s that got us into this mess to begin with with their irresponsible lending and policies, and the people of the 70s and 80s with their irresponsible borrowing, I'd worry more about their coping abilities than ours.

    All tidied up in this post,

    good work batman ;)


  • #36
    thatsa spicy
    Closed Accounts Posts: 251 ✭✭thatsa spicy


    To be honest, I'd be more worried for the kids of the 70's and 80's than those of the 90's and 00's! They lived through bad times before and so only have themselves to blame for racking up huge debts and, as a collective group, leading the country down the shtter.

    We're young and free of committments; we can jump ship when things pick up globally in a year or two.

    We can sit out the bleakest years in full time education while living off weetabix in college.

    Plus; when 50% of the under 25 age group is unemployed we can all just get fcuked up on our 100 quid a week dole...joke


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  • #37
    Herbal Deity
    Closed Accounts Posts: 1,397 ✭✭✭Herbal Deity


    Starvation!!???

    I've been laughing at my screen for about 10 mins now.


  • #38
    darkman2
    Banned (with Prison Access) Posts: 8,632 ✭✭✭darkman2


    Herbal Deity wrote: »
    Starvation!!???

    I've been laughing at my screen for about 10 mins now.


    We will see who is laughing (though I think no one will be) in a few years. The rich, like me, will have gone. So I won't need to laugh. Merely feel angry and sorry for those that remain and will, of course, remember the ignorance of what I am saying. Delude yourselves further. Think the good thoughts that someone else will bail us out once again. It ain't gonna happen. This is only making things even worse.


  • #39
    koHd
    Registered Users, Registered Users 2 Posts: 1,142 ✭✭✭koHd


    the OP is clearly trolling.


  • #40
    jetfiremuck
    Registered Users, Registered Users 2 Posts: 3,472 ✭✭✭jetfiremuck


    What I think is most worrying is the delay in getting benefits, means testing for everything and that magic number above which you are on your own no medical card etc. How are those people going to deal with that. Not going to be pretty.


  • #41
    john-joe
    Closed Accounts Posts: 797 ✭✭✭john-joe


    koHd wrote: »
    Ban the OP. He'd clearly trolling.

    Might be best to use the report button, if you think that......


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  • #42
    smellslikeshoes
    Registered Users, Registered Users 2 Posts: 3,354 ✭✭✭smellslikeshoes


    If like the OP says people are going to start starving soon what difference would it make being a child from the 80s over a child from the 90s? Did 80s children get survival training in school or something that I missed?


    Darkman2 you seriously need to take off the tinfoil hat.


  • #43
    aftermn
    Closed Accounts Posts: 138 ✭✭aftermn


    Don't think that starvation is a real danger.

    However, unemployment is a form of starvation. It is an emotional/psychological starvation, and it looks like it will be around for years to come.

    Don't want to be too negative though. If anyone can solve this problem it is the younger members of our population. Off your arses boys, finger out and get on with it. We need you.


  • #44
    darkman2
    Banned (with Prison Access) Posts: 8,632 ✭✭✭darkman2


    john-joe wrote: »
    Might be best to use the report button, if you think that......

    No, no this is natural in a catastrophic recession. People don't like wealthy people. It is all part of the collapse. It is understandable of course. I understand it but won't stay in this country as it collapses. Those people have no choice. Though I hope they get out in time.


  • #45
    thatsa spicy
    Closed Accounts Posts: 251 ✭✭thatsa spicy


    darkman2 wrote: »
    TBH im shocked at this stage that people don't fully understand the consequences of the situation the country is in.

    Plenty, in fact most, of us understand the catastrophic position we are in with regard to the public finances. Thing is though, the most the government can do without imposing severe hardship on many people, is trim it down year by year.

    One thing I was thinking. Don't they say Fianna Fails manifesto in 1977 led to the crisis in the eighties? That was one irresponsible and overly generous budget. What long-term damage is almost a decade of overly-generous budgets likely to do? No such thing as a free lunch and now were paying the price!


  • #46
    koHd
    Registered Users, Registered Users 2 Posts: 1,142 ✭✭✭koHd


    john-joe wrote: »
    Might be best to use the report button, if you think that......

    Yea. Thought I'd edit my words and just report him.

    Every post from the OP is clearly just trying to get a negative reaction.


  • #47
    john-joe
    Closed Accounts Posts: 797 ✭✭✭john-joe


    I think somebody has had too much cherry...:rolleyes:


  • #48
    darkman2
    Banned (with Prison Access) Posts: 8,632 ✭✭✭darkman2


    koHd wrote: »
    Yea. Thought I'd edit my words and just report him.

    Every post from the OP is clearly just trying to get a negative reaction.

    My social status and realistic outlook may upset you but hardly my problem is it? It is your problem. Make no mistake about that.


    I am just trying to get my point of view across and im glad some actually realise how dangerous the state of the country is. Because if many don't realise it yet - there is no hope of correcting it and climbing the Everest this country has to climb.


  • #49
    koHd
    Registered Users, Registered Users 2 Posts: 1,142 ✭✭✭koHd


    darkman2 wrote: »
    My social status and realistic outlook may upset you but hardly my problem is it? It is your problem. Make no mistake about that.


    I am just trying to get my point of view across and im glad some actually realise how dangerous the state of the country is.

    I know nothing of your social status.

    I simply think you are talking bull to get negative responses.


  • #50
    brendansmith
    Registered Users, Registered Users 2 Posts: 4,526 ✭✭✭brendansmith


    john-joe wrote: »
    I think somebody has popped too much cherry...:rolleyes:

    What does sex have to do with it?


  • #51
    darkman2
    Banned (with Prison Access) Posts: 8,632 ✭✭✭darkman2


    koHd wrote: »
    I know nothing of your social status.

    I simply think you are talking bull to get negative responses.




    If you want to ignore reality and live your bubble till it bursts who am I too complain? If you don't except the seriousness of the situation then I feel sorry really. Fianna Fail nearly brought this country to obliteration twice before. This time they have succeeded. So are you going to say to me now - don't say anything because it is too negative? How in gods name could anyone not be negative? The stats are there. The country is bankrupt.


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  • #52
    brendansmith
    Registered Users, Registered Users 2 Posts: 4,526 ✭✭✭brendansmith


    Im hungry..................................wait!!.....................am I starving right now???


    HALP ME!!!


  • #53
    koHd
    Registered Users, Registered Users 2 Posts: 1,142 ✭✭✭koHd


    darkman2 wrote: »
    If you want to ignore reality and live your bubble till it bursts who am I too complain? If you don't except the seriousness of the situation then I feel sorry really. Fianna Fail nearly brought this country to obliteration twice before. This time they have succeeded. So are you going to say to me now - don't say anything because it is too negative? How in gods name could anyone not be negative? The stats are there. The country is bankrupt.

    You can talk about negative things all you want. I have no problem with that.

    It's the sensationalist bull you add in such as we're heading for starvation and a worst situation than WWII?

    Money is tight. Don't blow it out of proportion to try annoy people into angry posting.


  • #54
    AlmightyCushion
    Moderators, Education Moderators, Technology & Internet Moderators Posts: 35,351 Mod ✭✭✭✭AlmightyCushion


    koHd wrote: »
    the OP is clearly trolling.
    He's not trolling, he actually believes this stuff. If you don't like it don't read it.


  • #55
    koHd
    Registered Users, Registered Users 2 Posts: 1,142 ✭✭✭koHd


    AlmightyCushion wrote: »
    If you don't like it don't read it.

    Fair enough.


  • #56
    darkman2
    Banned (with Prison Access) Posts: 8,632 ✭✭✭darkman2


    koHd wrote: »
    we're heading for starvation and a worst situation than WWII?

    This country's situation is far, far more dangerous now then it was in WW2. Ireland could borrow no end in WW2 it's credit rating was so good. Today we have a far worse economic crisis then in WW2. Our rating is describded as "unstable". We won't be able to service our debts. Im not saying there is no way out - there is - but it will require great pain for many people. Those people are protesting on the streets. If they don't cop on or the government does not grow a pair and deal with them then how does this country have a future?


  • #57
    Pace2008
    Closed Accounts Posts: 3,587 ✭✭✭Pace2008


    OP, have you been smoking crack?

    We are not on the brink of collapse.
    We are not in a state of emergency.
    We are still a first world country.
    Children of the nineties are the same as children from any other generation. You've just grown older and grumpier, and your judgement has been obscured by rose-tinted glasses.


  • #58
    darkman2
    Banned (with Prison Access) Posts: 8,632 ✭✭✭darkman2


    Pace2008 wrote: »
    OP, have you been smoking crack?

    We are not on the brink of collapse.
    We are not in a state of emergency.
    We are still a first world country.

    Are YOU smoking crack? What planet are you on? It's the opposite to everything you have typed there.

    I would describe Ireland as 2nd world at the present time.

    You honestly think this country is 1st world with it's Saharan Africa style corruption that would make the Italians blush?

    The same corruption that continues and has bought us to our knees?


  • #59
    dan719
    Closed Accounts Posts: 1,597 ✭✭✭dan719


    darkman2 wrote: »
    This country's situation is far, far more dangerous now then it was in WW2. Ireland could borrow no end in WW2 it's credit rating was so good. Today we have a far worse economic crisis then in WW2. Our rating is describded as "unstable". We won't be able to service our debts. Im not saying there is no way out - there is - but it will require great pain for many people. Those people are protesting on the streets. If they don't cop on or the government does not grow a pair and deal with them then how does this country have a future?

    Our debt rating is AA-, and there are no plans to downgrade it further in the near future. The EU cannot allow the spread on bonds to increase much further, so as to protect the euro. It is highly unlikely we will see any movement in interest rates for at least nine months.

    See, your problem is, as soon as you bring 'facts' in to it, you end up looking like a moron. You should stick to making vague threats about starvation and rampant default.


  • #60
    darkman2
    Banned (with Prison Access) Posts: 8,632 ✭✭✭darkman2


    dan719 wrote: »
    Our debt rating is AA-

    Credit Rating Agency Fitch downgraded us 3 days ago twice! (in one day!) - to "unstable" (that means essentially Ireland cannot be trusted)- now you use facts and don't criticise me for using facts.


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  • #61
    AlmightyCushion
    Moderators, Education Moderators, Technology & Internet Moderators Posts: 35,351 Mod ✭✭✭✭AlmightyCushion


    darkman2 wrote: »
    Credit Rating Agency Fitch downgraded us 3 days ago twice! (in one day!) - to "unstable" (that means essentially Ireland cannot be trusted)- now you use facts and don't criticise me for using facts.
    Fitch downgraded us to AA-, he said we are at AA-. So he is using facts (moreso than you as you didn't even know what our rating is). And going by the stories I read, they said the outlook was stable and not negative which means it's unlikely we'll be downgraded further.....like he also said.


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