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Is this the worst recession ever?

245

Comments

  • Registered Users, Registered Users 2 Posts: 43,038 ✭✭✭✭SEPT 23 1989


    Yes but we are better dressed than the last one

    rat tashes and christmas jumpers and slipons aint cool


  • Registered Users, Registered Users 2 Posts: 38,227 ✭✭✭✭Guy:Incognito


    It's nowhere near the worst. Theres very little real suffering compared to even the 80's.

    We struggled hugely for years when I was young and it's just not the same now.


  • Banned (with Prison Access) Posts: 731 ✭✭✭inmyday


    I really like the way people on boards.ie are ranting on about the economy, on their lovely laptops/PCs, on their fast broadband, in their warm home, sitting on a lovely comfy chair, wearing their nice clothes, probably having food, probably thinking about what they will do at the weekend.

    Our country has its problems, we all know them, but it could be alot worse!

    I love this country, I am so lucky


  • Registered Users, Registered Users 2 Posts: 12,816 ✭✭✭✭galwayrush


    Have you cancelled the sky and broadband yet?

    Can't afford sky and share broadband with 2 family members.


  • Closed Accounts Posts: 8,289 ✭✭✭parker kent


    marzic wrote: »
    so she was preggers for 54weeks? OMG!
    (actually the feast of the immaculate conception is 8th dec)

    I wouldn't put too much stock in the date that the Romans decided to have as JC's birthday.


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  • Registered Users, Registered Users 2 Posts: 38,227 ✭✭✭✭Guy:Incognito


    galwayrush wrote: »
    Can't afford sky and share broadband with 2 family members.

    Surely food is more important than a share of BB?

    At the end of the day (not directed at you Galwayrush) people nowadays see suffering as not being able to live in the manner they are accustomed.


  • Closed Accounts Posts: 148 ✭✭trish23


    I don't see many kids going around in dungarees and wellies today like I did for years

    We've eaten them all... Seriously this recession is bad & a lot of people are hurting. But standards in this country have risen so much in the past 10-15 years. We do have better hospitals ( ask anyone who remembers formica & green paint), better schools & roads than in the 80's. It's now expected to have meat 7 days a week, TV & broadband on tap & transport at our call. In the 80's we saved for a pair of shoes. Now we give out cos we can't buy them NOW. (I'm not ranting. I know there's a lot of debt & unemployment out there. Just think it's different times.)


  • Registered Users, Registered Users 2 Posts: 1,099 ✭✭✭Johnny Bitte


    galwayrush wrote: »
    Can't afford sky and share broadband with 2 family members.[/qoute]
    I am honestly sorry to hear that but how many people around the country are in a position like you. 10% maybe 20% max. Until it's 50 or 60% then it's not a recession in my opinion.

    While there s still brand new cars and houses being bought nothing will be done.


  • Banned (with Prison Access) Posts: 731 ✭✭✭inmyday


    galwayrush wrote: »
    Can't afford sky and share broadband with 2 family members.

    You say, you are struggling to put food on the table. but you can complain about sharing the broadband??

    how about selling your laptop? how about cancelling the broadband? how about selling your television?

    there is so much you can do if you are struggling


  • Registered Users, Registered Users 2 Posts: 12,816 ✭✭✭✭galwayrush


    Stekelly wrote: »
    Surely food is more important than a share of BB?

    At the end of the day (not directed at you Galwayrush) people nowadays see suffering as not being able to live in the manner they are accustomed.

    :)

    I am struggling because i can't collect money i'm owed, lots of clients go into liquidation and i get next to zero. Having said that, in the so called good times, we never had a new car or fancy holidays , tried to save but wife's illness cost all that not to mention her ability to work. Being self employed, we couldn't even get a medical card.


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  • Closed Accounts Posts: 1,379 ✭✭✭Sticky_Fingers


    Stekelly wrote: »
    It's nowhere near the worst. Theres very little real suffering compared to even the 80's.

    We struggled hugely for years when I was young and it's just not the same now.
    I'm glad you have not been significantly affected but many people around the country are not as fortunate as you. They are up to their eyes in debt (please lets not get into the whole no one forced them argument), there are very few job opportunities with little or no chance of trading our way out of this by devaluation or other methods. We have very few options left on the table and I fear the worst is still to come.


  • Registered Users, Registered Users 2 Posts: 12,816 ✭✭✭✭galwayrush


    inmyday wrote: »
    You say, you are struggling to put food on the table. but you can complain about sharing the broadband??

    how about selling your laptop? how about cancelling the broadband? how about selling your television?

    there is so much you can do if you are struggling

    What the hell are you talking about??? where did i complain about sharing BB, and what the hell do you know about us having Laptop, perhaps you think we have all the latest in technology?do i have a large expensive TV? One thing i don't have thankfully, is ignorant smugness.


  • Closed Accounts Posts: 1,379 ✭✭✭Sticky_Fingers


    I am honestly sorry to hear that but how many people around the country are in a position like you. 10% maybe 20% max. Until it's 50 or 60% then it's not a recession in my opinion.

    While there s still brand new cars and houses being bought nothing will be done.
    Not a recession? Perhaps you would change your tune if you were part of that 10 to 20%.


  • Banned (with Prison Access) Posts: 731 ✭✭✭inmyday


    galwayrush wrote: »
    What the hell are you talking about??? where did i complain about sharing BB, and what the hell do you know about us having Laptop, perhaps you think we have all the latest in technology?do i have a large expensive TV? One thing i don't have thankfully, is ignorant smugness.

    read post 35 ya clown...

    eh well you obviously have a laptop/PC to write here on boards....

    Im the one thats ignorant, but you were the one complaining about lack of food on your table on the internet. do you not see my point????

    I wonder what mobile phone do you have! get real mate


  • Posts: 1,060 ✭✭✭ Charleigh Flaky Mouthful


    this isnt a recession its like all the recessions in the world have joined hands and created its Big Daddy the depression


  • Registered Users, Registered Users 2 Posts: 12,816 ✭✭✭✭galwayrush


    inmyday wrote: »
    read post 35 ya clown...

    eh well you obviously have a laptop/PC to write here on boards....

    Im the one thats ignorant, but you were the one complaining about lack of food on your table on the internet. do you not see my point????

    I wonder what mobile phone do you have! get real mate

    It's very real, hope you never have to experience it.


  • Registered Users, Registered Users 2 Posts: 25,243 ✭✭✭✭Jesus Wept


    It is hardly the time to make that judgement. Tip of the iceberg right now.


  • Closed Accounts Posts: 1,379 ✭✭✭Sticky_Fingers


    inmyday wrote: »
    read post 35 ya clown...

    eh well you obviously have a laptop/PC to write here on boards....

    Im the one thats ignorant, but you were the one complaining about lack of food on your table on the internet. do you not see my point????

    I wonder what mobile phone do you have! get real mate
    Perhaps galwayrush needs computer/internet access for business, but fook that, why not just sell the computer and TV and have done with it. I'd also say that they are wasting valuable food money on non essentials like lightbulbs in every room of the house, he should just buy the one and move it from room to room as he needs it. I shudder at the thought of all those valuable pennies that he has spent on underwear and socks, pure vanity since no one will ever know, shame on him.


    Jesus inmyday, will you get a hold of yourself


  • Registered Users, Registered Users 2 Posts: 38,227 ✭✭✭✭Guy:Incognito


    I'm glad you have not been significantly affected but many people around the country are not as fortunate as you. They are up to their eyes in debt (please lets not get into the whole no one forced them argument), there are very few job opportunities with little or no chance of trading our way out of this by devaluation or other methods. We have very few options left on the table and I fear the worst is still to come.

    What do you consider significantly affected? I spent a yearon 3 day or less weeks and the last 3 months out of work altogether. I can still survive and theres no chance I'll end up on the streets. In th e80's we came very close to losign our house numerous times, with no where to go if we did. We had no luxuries,what we had we struggled for.


  • Registered Users, Registered Users 2 Posts: 9,900 ✭✭✭InTheTrees


    The 80's may have been bad but this recession is a long way from over yet.

    I'd say Ireland still has a year of decline before it even hits bottom. Unfortunately.


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  • Registered Users, Registered Users 2 Posts: 1,184 ✭✭✭KINGVictor


    Real difficult times...no doubt.. but I'll agree with the OP,

    Unfortunately the situation is characterised by mudslinging, name calling and unbelieavable trivialities. Instead of the current herd mentality that is typified by fear and pessimism, how about some dose of optimism and the reality that so many speculators are desperately awaiting the downfall of the Irish economy.

    Ireland has been used in literature and in practice as a success story , mainly due to the tenancity of its peoples- forget past failures and the associated negativity...lets move on.


  • Closed Accounts Posts: 37,214 ✭✭✭✭Dudess


    The main thing making this recession "worse" IS the reporting, constant BULLSH!T on that show with vincent "zombie" brown, the news, prime time, basically any outlet where people can moan about stuff. If we all shut up about it, it wouldn't be half as bad!
    To be fair, it may not be pleasant to hear, but that doesn't make it bullsh1t.
    Don't thinks it bad at all!
    The majority if the country is still working and everyone is still eating.

    It's over hyped because of the over priced houses and dodgy banks.

    If u keep the banking **** up separate from the fact that this recession was coming anyway, it doesn't seem that bad!
    And it's being going for 2 years now people!
    Just because things are all right for you, doesn't mean it's not that bad.
    inmyday wrote: »
    I really like the way people on boards.ie are ranting on about the economy, on their lovely laptops/PCs, on their fast broadband, in their warm home, sitting on a lovely comfy chair, wearing their nice clothes, probably having food, probably thinking about what they will do at the weekend.

    Our country has its problems, we all know them, but it could be alot worse!
    I'd agree with that when it comes to some threads here, but be that as it may, setting aside individual circumstances, the economy is ****ed. Of course we weren't going to suddenly find ourselves on the breadline - there was a lot of money, and there still is, but that money's gonna run out. It's very, very early days...


  • Closed Accounts Posts: 1,379 ✭✭✭Sticky_Fingers


    Stekelly wrote: »
    What do you consider significantly affected? I spent a yearon 3 day or less weeks and the last 3 months out of work altogether. I can still survive and theres no chance I'll end up on the streets. In th e80's we came very close to losign our house numerous times, with no where to go if we did. We had no luxuries,what we had we struggled for.
    And many today are in the same position your family was in in the 80's, the possible loss of their home due to repossession. While you can cope on the dole many people out there cannot.

    From David McWilliams article: http://www.davidmcwilliams.ie/2010/09/29/we-must-face-reality-and-end-bank-guarantee
    Their plight is now evident. Recent Central Bank data shows that of the €118bn in mortgages outstanding, €6.95bn are more than 90 days in arrears, with €4.8bn of those more than six months behind.
    For these people in arrears (there are 36,620 of them) there is no way out, as property price falls mean that they cannot sell their property to relieve their debts (negative equity) and they cannot earn more money to pay off their debts (due to the economic collapse). Essentially, when these people most need money, they can’t get it.
    I'm not making excuses or letting them shrug responsibility for their decisions but I can sympathize with their situation and realise that I could very well be one of them.
    Things are going to get a lot harder in this country in the coming years, this depression hasn't even begun IMO and after all FF's good work we can count on it lasting much longer then it really needed to.


  • Registered Users, Registered Users 2 Posts: 4,082 ✭✭✭sheesh


    No!

    This puff of a recession is over-hyped, over-reported and more than a tad over-indulged.

    The 80s was a proper recession, not like this namby-pamby little recession. I hear young folk are complaining 'cos they haven't got enough room in their Mammies house, or their broadband is a bit slow.

    In the 80s you ate your kids and were happy to have kids to eat.
    :p

    not yet, not the worst recession yet. it has another 10 years to go


  • Posts: 31,828 ✭✭✭✭ [Deleted User]


    galwayrush wrote: »
    The real depression will be starting on Dec 6th, and will last at least 10 years, tank you FF.:mad:


    fyp.

    Biflation here we come! Those big screen tellies will be cheaper than ever but you won't be able to afford the electric to run it.


  • Posts: 31,828 ✭✭✭✭ [Deleted User]


    galwayrush wrote: »
    I am struggling to put food on the table atm, no hype, harsh reality, and i am experiencing it getting worse by the month.

    Same here. :mad:


  • Registered Users, Registered Users 2 Posts: 9,653 ✭✭✭Voodoomelon


    Completely agree with you, watching Prime Time is condensed depression.

    You've obviously never seen Nationwide...


  • Posts: 31,828 ✭✭✭✭ [Deleted User]


    Stekelly wrote: »
    Surely food is more important than a share of BB?

    At the end of the day (not directed at you Galwayrush) people nowadays see suffering as not being able to live in the manner they are accustomed.

    True, but the BB costs about the price of only a couple of family meals, as for living standards, well every month or so another item that we are "accustomed" to, is dropped. Life is becomming more and more basic as each month passes.


  • Posts: 31,828 ✭✭✭✭ [Deleted User]


    inmyday wrote: »
    You say, you are struggling to put food on the table. but you can complain about sharing the broadband??

    how about selling your laptop? how about cancelling the broadband? how about selling your television?

    there is so much you can do if you are struggling

    A voice from the 1930s, unless the TV is something special it will barly sell for a weeks groceries, same for the laptop.


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  • Closed Accounts Posts: 20,739 ✭✭✭✭starbelgrade


    You've obviously never seen Nationwide...


    What's depressing about Nationwide?

    Michael Ryan standing by a river in a small rural town, introducing the show and Mary "lovely legs" Kennedy meeting a German couple who've set up a jam making factory in Ballyhaunis.

    Nothing depressing about that.


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