Advertisement
Help Keep Boards Alive. Support us by going ad free today. See here: https://subscriptions.boards.ie/.
https://www.boards.ie/group/1878-subscribers-forum

Private Group for paid up members of Boards.ie. Join the club.
Hi all, please see this major site announcement: https://www.boards.ie/discussion/2058427594/boards-ie-2026

Not a conspiracy-thoery, just a question. Sept 2008-now...?

  • 24-08-2011 12:53AM
    #1
    stevejr
    Registered Users, Registered Users 2 Posts: 1,042 ✭✭✭


    ...,September 2008 was when I started to realise that the **** was definately gonna hit the fan. It just didn't register before then. Been worried ever since.

    My country took a f**ckin nose-dive off the top-step on any an important flights of stairs that matter. Our country has landed on it's face. We're all different. Nothing is the same now.

    So 1095 days later and the **** (political, economic, or social) continues to hit the fan, and hard. When will it end?

    But maybe 20 years from now, as we tell our "old soldier" stories. What will you say, when asked how it started, how it affected you, and, the aftermath....?

    What's the reason for being reasonable?

    Is that an unreasonable question?



«1

Comments

  • #2
    hatrickpatrick
    Registered Users, Registered Users 2 Posts: 17,798 ✭✭✭✭hatrickpatrick


    I have to be honest, I don't understand why everyone cites Sept 2008 as the beginning of all this.
    Anyone who had bank shares will tell you the sh*t hit the fan MAJORLY in August 2007 and it's been in a downward spiral ever since.


  • #3
    [Deleted User]
    Posts: 15,055 ✭✭✭✭ [Deleted User]


    So long as you've got a good bed and a good pair of shoes you'll be okay. You'll spend most of your life in one or the other.


    It just helps to also have high speed broadband, central heating, double glazing, high-end technology products like MP3 players, smartphones, laptops and 42 inch TVs.


  • #4
    Where To
    Closed Accounts Posts: 5,455 ✭✭✭Where To


    We can always go to the neighbours for something to eat


  • #5
    Naomi00
    Registered Users, Registered Users 2 Posts: 670 ✭✭✭Naomi00


    In 2007, my history/geography teacher kept insisting that there would be a recession. At the time there was no talk about problems with the economy. Whenever we were reading about how poor Russia was because of Communism, or about poverty etc he'd go on about how that 'would be us soon'. Everyone thought he was just being really negative/extreme though. Not in a naive way, it was just because he kept going on about it all the time.


    Anyway I think that the recession actually was good in some ways, because it stopped developers from destroying the rest of our landscape with their housing estates that no one wanted in the first place.


  • #6
    OPENROAD
    Registered Users, Registered Users 2 Posts: 11,692 ✭✭✭✭OPENROAD


    Naomi00 wrote: »
    In 2007, my history/geography teacher kept insisting that there would be a recession. At the time there was no talk about problems with the economy. Whenever we were reading about how poor Russia was because of Communism, or about poverty etc he'd go on about how that 'would be us soon'. Everyone thought he was just being really negative/extreme though. Not in a naive way, it was just because he kept going on about it all the time.


    Anyway I think that the recession actually was good in some ways, because it stopped developers from destroying the rest of our landscape with their housing estates that no one wanted in the first place.

    Certainly wasn't the view of AH at the time :p


  • Advertisement
  • #7
    joshrogan
    Registered Users, Registered Users 2 Posts: 855 ✭✭✭joshrogan


    I complained about it on the internet.


  • #8
    saa
    Registered Users, Registered Users 2 Posts: 2,194 ✭✭✭saa


    hatrickpatrick wrote: »
    I have to be honest, I don't understand why everyone cites Sept 2008 as the beginning of all this.
    Anyone who had bank shares will tell you the sh*t hit the fan MAJORLY in August 2007 and it's been in a downward spiral ever since.


    That may be true and many more things were hitting the fan starting to crack before 08/07 but it did take time for that to filter through the working class' I suppose. /

    I started a course in 2008, strolled into a part time job without any competition at the same time ended up in hospital a few weeks later so that was the end of that and I've never been able to just stroll into another job, not able to find one without experience either,

    It was at Sept 08 I definitely noticed the change, although I have never had money anyway but the next year for me any way the cuts began and this sense of hopelessness ensued.


  • #9
    AgileMyth
    Closed Accounts Posts: 3,746 ✭✭✭AgileMyth


    hatrickpatrick wrote: »
    I have to be honest, I don't understand why everyone cites Sept 2008 as the beginning of all this.
    Anyone who had bank shares will tell you the sh*t hit the fan MAJORLY in August 2007 and it's been in a downward spiral ever since.
    I'll agree with that. A family member of mine sold a house at that time which would have been a very sought after property only a few months previously. Interestingly the County Council were the only ones who didn't see the collapse coming.
    Its still standing there untouched four years after they bought it.

    The 2008 budget, in December of 2007, was the first thing which brought it to the attention of the general public. Though it was played off as being a short term dip at that stage.


  • #10
    suspectdevice
    Registered Users, Registered Users 2 Posts: 328 ✭✭suspectdevice


    all the signs were there well before '08

    just that no one wanted to see them except for the dope on rte


  • #11
    looky loo
    Closed Accounts Posts: 296 ✭✭looky loo


    'The future isn't what it used to be'.


  • Advertisement
  • #12
    jimmycrackcorm
    Registered Users, Registered Users 2 Posts: 14,372 ✭✭✭✭jimmycrackcorm


    stevejr wrote: »
    ...,September 2008 was when I started to realise that the **** was definately gonna hit the fan. It just didn't register before then. Been worried ever since.

    Were you even born in the 1980's?


  • #13
    [Deleted User]
    Posts: 1,452 ✭✭✭ [Deleted User]


    Back in 2004/2005 I was telling everyone who would listen that the over reliance of the Irish economy on construction and ever rising property prices was a disaster in the making. People mostly told me to shut up.

    When I said that our planning system was a recipe for corruption (in that political donations from developers play a larger part in re-zoning of land than the need or sense to having housing on said land) a college friend of mine said :

    "Sure there's no harm in brown envelopes, they get things done"

    This is the attitude that got us into this mess. If I were asked to look into my crystal ball and predict the future again I would say: things are going to get worse, a lot worse, and they won't improve for 10 to 15 years at least.


  • #14
    stevejr
    Registered Users, Registered Users 2 Posts: 1,042 ✭✭✭stevejr


    jimmycrackcorm wrote: »
    Were you even born in the 1980's?


    Yes, Dublin-January 1981. Why?

    What's the reason for being reasonable?

    Is that an unreasonable question?



  • #15
    stevejr
    Registered Users, Registered Users 2 Posts: 1,042 ✭✭✭stevejr


    OPENROAD wrote: »
    Certainly wasn't the view of AH at the time :p


    :D Forest Gump voice-" Zeitgeist is, as Zeitgeist does!

    What's the reason for being reasonable?

    Is that an unreasonable question?



  • #16
    Mark200
    Registered Users, Registered Users 2 Posts: 3,536 ✭✭✭Mark200


    hatrickpatrick wrote: »
    I have to be honest, I don't understand why everyone cites Sept 2008 as the beginning of all this.

    This is why:

    http://i53.tinypic.com/zx8vup.jpg

    Deleted User wrote: »
    Back in 2004/2005 I was telling everyone who would listen that the over reliance of the Irish economy on construction and ever rising property prices was a disaster in the making. People mostly told me to shut up.

    When I said that our planning system was a recipe for corruption (in that political donations from developers play a larger part in re-zoning of land than the need or sense to having housing on said land) a college friend of mine said :

    "Sure there's no harm in brown envelopes, they get things done"

    This is the attitude that got us into this mess. If I were asked to look into my crystal ball and predict the future again I would say: things are going to get worse, a lot worse, and they won't improve for 10 to 15 years at least.

    People are saying crap all the time. The vast majority of which doesn't come true. Just because you allegedly got something right does not make you an expert.

    "Even a broken clock is right twice a day".

    And I'm bored of the "<insert thing I don't like> is why we're in this mess".


  • #17
    hatrickpatrick
    Registered Users, Registered Users 2 Posts: 17,798 ✭✭✭✭hatrickpatrick


    saa wrote: »
    That may be true and many more things were hitting the fan starting to crack before 08/07 but it did take time for that to filter through the working class' I suppose.

    And that the problem in my view. Nobody worries or complains about anything until it directly impacts on their life.
    It's the old "First they came for the jews, communists and gays, but I was none of these so I didn't speak out, then they came for me and there was no one else left to speak out for me" cliche.

    World stock markets utterly collapsed in Aug-Sept '07 and they never recovered after that. The US subprime crisis had been brewing for at least a year previous, and there were constant warnings from economists that the world financial markets had become so integrated that a disaster in the US would be a disaster for everyone.

    I remember at the time when people said "Meh, '08 will be a bad year but we'll bounce back in '09" :rolleyes:

    I remember on "Black Monday" around Paddy's Day '08 when the ISEQ came hurtling down amid accusations of "false rumors" being spread about scandals in Anglo Irish Bank. LOL @ "false rumors". The national naivety at the time, my own included, is absolutely astounding in bitter hindsight.


  • #18
    pajunior
    Registered Users, Registered Users 2 Posts: 697 ✭✭✭pajunior


    20/20 hindsight is class!


  • #19
    thebigbiffo
    Registered Users, Registered Users 2 Posts: 2,941 ✭✭✭thebigbiffo


    the topic mentions a conspiracy theory but it hasn't really been fleshed out...

    personally, i think it's only crackpots that believe the central European powers and power brokers/banks threw money at fringe nations like us for years to get us to view Europe favourably (and pass certain treaties etc) knowing the party could not last and the bailing out of those same countries would lead to a more centralised, federal Europe ruled over by those same nations and power brokers...

    yeah, crackpots...lot of yis.

    and anybody who's seen my posts on this topic back in 'the good ol days', and even through the start of this recession, will know that i was very pro-Europe...it's just that the more this develops and the more i think about the causes etc the more i'm convinced this may have been contrived. it's true: 'guns were once used to take over countries, now it's money'.


  • #20
    Celly Smunt
    Banned (with Prison Access) Posts: 9,463 ✭✭✭Celly Smunt


    recessions come booms go,booms come recessions go,it's just a matter of time and holding out,and in Ireland's case holding out is opting for a 32 inch tv opposed to a 52 inch and a car five years old rather than a brand new one,time to cop on and realise we live within other countries celtic tigers.


  • #21
    smash
    Closed Accounts Posts: 34,808 ✭✭✭✭smash


    stevejr wrote: »
    But maybe 20 years from now, as we tell our "old soldier" stories. What will you say, when asked how it started, how it affected you, and, the aftermath....?

    It will still be affecting us in 20 years time. We'll still be paying for it, and so will our kids.


  • Advertisement
  • #22
    Vicxas
    Registered Users, Registered Users 2 Posts: 15,646 ✭✭✭✭Vicxas


    I definately noticed it in the start of 2008 when shops started to close down and banks started to rein in loans.


  • #23
    7sr2z3fely84g5
    Closed Accounts Posts: 1,571 ✭✭✭7sr2z3fely84g5


    it happened on this moment-
    https://www.youtube.com/watch?v=GrEfKXTatWE


    Of course he denied that he knew it would happen,denied that was warned,and then this happened-

    http://www.belfasttelegraph.co.uk/news/local-national/republic-of-ireland/bertie-ahern-and-brain-cowen-lsquoignored-irish-financial-meltdown-warningsrsquo-15101029.html
    The report, compiled by Canadian expert Rob Wright, exposes how Department of Finance officials repeatedly warned the Irish government about the dangers of its economic policies over the last 10 years. But crucially, their advice was ignored.


  • #24
    dsmythy
    Registered Users, Registered Users 2 Posts: 10,593 ✭✭✭✭dsmythy


    RTE report from November 2007

    http://www.rte.ie/news/2007/1114/mortgages.html

    The governor of the central bank is a genius clearly.


    Also the good people of After Hours mostly had it sussed not to vote for FF in 2007.

    http://www.boards.ie/vbulletin/showthread.php?t=2055065786


  • #25
    RichieC
    Closed Accounts Posts: 7,331 ✭✭✭RichieC


    Resession = when rich people start losing money.

    Happy days= when the poor quietly suffer and the rich get richer and fatter.


  • #26
    Jonny7
    Registered Users, Registered Users 2 Posts: 6,696 ✭✭✭Jonny7


    stevejr wrote: »
    ...,September 2008 was when I started to realise that the **** was definately gonna hit the fan. It just didn't register before then. Been worried ever since.

    My country took a f**ckin nose-dive off the top-step on any an important flights of stairs that matter. Our country has landed on it's face. We're all different. Nothing is the same now.

    So 1095 days later and the **** (political, economic, or social) continues to hit the fan, and hard. When will it end?

    But maybe 20 years from now, as we tell our "old soldier" stories. What will you say, when asked how it started, how it affected you, and, the aftermath....?

    I'd recommend not telling any Africans or Chinese or Indians .. they might not be able to handle the magnitude of the hardship we have had to suffer


  • #27
    Zebra3
    Registered Users, Registered Users 2 Posts: 14,299 ✭✭✭✭Zebra3


    Naomi00 wrote: »
    In 2007, my history/geography teacher kept insisting that there would be a recession. At the time there was no talk about problems with the economy.

    There was talk about problems in the economy in 2007.

    And Blankcheque Bertie told those who were talking about the problems to go and commit suicide.

    To much laughter from his audience. :rolleyes:


  • #28
    mikemac
    Closed Accounts Posts: 19,967 ✭✭✭✭mikemac


    Brian Lenihan went on the news from Brussels and did a live interview denying we would be seeking support from Europe

    Two days later...........

    I was more a fool for actually believing him
    Sure why would a man go on live TV and lie to the nation :confused:


  • #29
    inmyday
    Banned (with Prison Access) Posts: 731 ✭✭✭inmyday


    WE DIDN'T LISTEN!


  • #30
    mikemac
    Closed Accounts Posts: 19,967 ✭✭✭✭mikemac


    November 2008, country heads downhill and regulator increases taxi prices :rolleyes:


  • Advertisement
  • #31
    Zebra3
    Registered Users, Registered Users 2 Posts: 14,299 ✭✭✭✭Zebra3


    mikemac wrote: »
    Brian Lenihan went on the news from Brussels and did a live interview denying we would be seeking support from Europe

    Two days later...........

    I was more a fool for actually leaving him

    Had you been dating long? :pac:


Advertisement
Advertisement