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Are things genuinely tigering up again?

  • 27-11-2013 08:11PM
    #1
    Sh1tbag OToole
    Closed Accounts Posts: 3,971 ✭✭✭Sh1tbag OToole


    Brick boxes getting more expensive, particularly in Dublin

    Jobless numbers down slightly

    Enda has successfully put the huge national debt on the long finger for the next century or so.

    Is this just a temporary halt before the country slides further into oblivion or are things actually looking up for once and not the usual "turned a corner, soft landing, green shoots of recovery" bullsiht we have been hearing about since 2008?

    Shall we have the AH beers in Cafe en Seine instead? Should I pack up my job, buy a house, power wash it and sell it for €10,000 more than I paid for it next week?

    Are things tigering up? 241 votes

    Yes
    0%
    No
    34%
    Samuri SuicideirishgeoSupercell_Kaiser_SpearjellyboyuchMerrionScuba_ScoperweemcdtoxofDoesNotComputemelekalikimakacantdeciderecyclebinZen 2ndstonecipherzegaroad_highbriman1983 82 votes
    Mandatory atari option
    65%
    Sir Digby Chicken CaesarDingatronAugmersonalbsuper_furryspooky donkeyCrucifixFighting IrishsReq | uTeKdudaraAkrasiaHolsten[Deleted User]DravokivichgustafoiguanaCool Mo Dm5ex9oqjawdg2icassette50Roanmore 159 votes


«1345

Comments

  • #2
    tommyboy2222
    Closed Accounts Posts: 914 ✭✭✭tommyboy2222


    If you don't get on the ladder now you never will


  • #3
    Dravokivich
    Moderators, Category Moderators, Music Moderators, Politics Moderators, Society & Culture Moderators Posts: 22,424 CMod ✭✭✭✭Dravokivich


    Mandatory atari option
    Just because some people are trying to squeeze as much as they can from our pockets, doesn't mean we've more in there to be handed out.


  • #4
    Mint Aero
    Closed Accounts Posts: 3,570 ✭✭✭Mint Aero


    No
    I can feel it in me waters Sh1tbag. Next economic collapse will be 2030. Time to partahy again :cool:


  • #5
    Oregano_State
    Registered Users, Registered Users 2 Posts: 2,288 ✭✭✭Oregano_State


    Mandatory atari option
    You can't go wrong with land.


  • #6
    Corvo
    Registered Users, Registered Users 2 Posts: 3,811 ✭✭✭Corvo


    Mandatory atari option
    I'd liken it more to a car hanging off the end of a cliff, balancing ever so slightly with all of us in it staring wide eyed at each other, begging it not to fall


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  • #7
    Ted_YNWA
    Registered Users, Registered Users 2 Posts: 71,833 ✭✭✭✭Ted_YNWA


    Is the fact that the jobless have fallen not down to half the country Fecked off?


  • #8
    Cee-Jay-Cee
    Registered Users, Registered Users 2 Posts: 12,234 ✭✭✭✭Cee-Jay-Cee


    No
    WoooHoooo...can't wait for the return of 110% mortgages and freely available money!!


  • #9
    mikom
    Closed Accounts Posts: 16,391 ✭✭✭✭mikom


    Sh1tbag OToole wrote: »
    Are things genuinely tigering up again?

    https://www.youtube.com/watch?v=yKY2O4KFmMU


  • #10
    _Redzer_
    Closed Accounts Posts: 5,056 ✭✭✭_Redzer_


    Is tigering a word? I've never heard it before, or even know what it means, but I like it!


  • #11
    keith16
    Closed Accounts Posts: 8,061 ✭✭✭keith16


    I'm putting my decking tree up early this decking. I normally don't decking until at least the decking of decking but the neighbours have already put up their decking.

    I think next year I will trade all my decking up. I am climbing the decking ladder. Bow before me you deckless peasants.


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  • #12
    BBDBB
    Registered Users, Registered Users 2 Posts: 26,899 ✭✭✭✭BBDBB


    my decking is now tracking your decking..........I have no idea why


  • #13
    statesaver
    Banned (with Prison Access) Posts: 2,084 ✭✭✭statesaver


    Mandatory atari option
    Quick, everyone get on the property ladder before you can't afford to !!


  • #14
    dxhound2005
    Registered Users, Registered Users 2, Paid Member Posts: 24,784 ✭✭✭✭dxhound2005


    Ted_YNWA wrote: »
    Is the fact that the jobless have fallen not down to half the country Fecked off?

    Not if you look at the actual figures. Unemployment is on the way down but the numbers in work is on the way up and so is the overall labour force. The trend indentified in the 2011 Census of immigration to the country is still continuing and is probably even increasing.

    The number of Irish residents who were born outside Ireland continues to increase and stood at 766,770 in 2011 an increase of 25 per cent on 2006, and accounting for 17 per cent of the population.


  • #15
    Dravokivich
    Moderators, Category Moderators, Music Moderators, Politics Moderators, Society & Culture Moderators Posts: 22,424 CMod ✭✭✭✭Dravokivich


    Mandatory atari option
    statesaver wrote: »
    Quick, everyone get on the property ladder before you can't afford to !!

    ...but what if hypothetically, asking for a mate like *wink* they couldn't afford to get on the property ladder already?

    :( <- for my mate, hypothetically.


  • #16
    coinflip13
    Registered Users, Registered Users 2 Posts: 21 ✭coinflip13


    No
    I doubt it but I really hope it is. Funny how people talk down the boom years, it was absolutely great. No christmas since 2007 has felt like christmas. Most peoples lives are worse than in 2007 or before. Even if you have a bit money to spend you are conscious of your fellow countrymen and women suffering, unlike during the boom when everyone was in great form.

    The reason I don't think another boom is on the way is that nowadays people are far too conscious of economics to fall into the mass herd mentality needed for a boom, due to a mixture of the severity of this recession, immense media focus on what led up to it and every aspect of it, and high speed internet to gather information related to the economy, the news, etc.. - in the boom years most people had very foggy vague ideas about economics and an optimism bias whereby bad news events regarding the economy only happened in history or in other countries - now we are all too sharp when it comes to economics and history to allow for a boom to happen in the near future, which is unfortunate. I'd say in 20 years or more it could happen but it will never be as bonkers as the 10 - 12 years up to 2007.


  • #17
    BillyMitchel
    Registered Users, Registered Users 2 Posts: 3,324 ✭✭✭BillyMitchel


    Mandatory atari option
    Yes it's tigering up againg and we are roaring to go!































    Joke lad.. Still not much happening


  • #18
    dxhound2005
    Registered Users, Registered Users 2, Paid Member Posts: 24,784 ✭✭✭✭dxhound2005


    coinflip13 wrote: »
    I doubt it but I really hope it is. Funny how people talk down the boom years, it was absolutely great. No christmas since 2007 has felt like christmas. Most peoples lives are worse than in 2007 or before. Even if you have a bit money to spend you are conscious of your fellow countrymen and women suffering, unlike during the boom when everyone was in great form.

    The reason I don't think another boom is on the way is that nowadays people are far too conscious of economics to fall into the mass herd mentality needed for a boom, due to a mixture of the severity of this recession, immense media focus on what led up to it and every aspect of it, and high speed internet to gather information related to the economy, the news, etc.. - in the boom years most people had very foggy vague ideas about economics and an optimism bias whereby bad news events regarding the economy only happened in history or in other countries - now we are all too sharp when it comes to economics and history to allow for a boom to happen in the near future, which is unfortunate. I'd say in 20 years or more it could happen but it will never be as bonkers as the 10 - 12 years up to 2007.

    There was higher unemployment and emigration in the 1980's and 20% mortgage rates. Things were much worse then. But people soon forgot and they will soon forget this time too.


  • #19
    UCDVet
    Closed Accounts Posts: 2,894 ✭✭✭UCDVet


    I remain skeptical.....

    Ireland is experiencing the highest rates of emigration since the famine (http://www.irishcentral.com/news/Irish-emigrating-at-highest-point-since-Famine
    3000--leaving-per-month-150565735.html). Last I heard, it was something like a net loss of 3,000 people.

    From what I read in the paper and quick Google just now, it seems the 'good news' is just limited to us having fewer unemployed - 'the number of people signing on to the Live Register fell by 3,700 in October'.

    I also hear that the gear up to the holiday season often brings in seasonal, part-time and temporary work.

    Even if I'm wrong, and things are improving....we've got a long way to go before we'd reach anything I'd consider calling a tiger. From what I understand, the average annual wage has been dropping each year (http://www.irishexaminer.com/ireland/average-annual-salary-falls-to-40775-213305.html) and I can speak from personal experience when I say taxes have been going up (and new ones being introduced too). My utilities cost more, public transport costs more, groceries are out-pacing inflation here too, health insurance rates are sky-rocketing too.


  • #20
    dxhound2005
    Registered Users, Registered Users 2, Paid Member Posts: 24,784 ✭✭✭✭dxhound2005


    The current unemployment rate is not much above the long term average.

    From 1983 until 2013, Ireland Unemployment Rate averaged 11.0 Percent reaching an all time high of 17.3 Percent in December of 1985 and a record low of 3.7 Percent in January of 2001.

    Even at the height of the tiger there was 4 to 5% on the dole. At a time when hundreds of thousands of workers from abroad were coming here to take up employment. So that would point to about 93% of people who want to work are working now.


  • #21
    KyussBishop
    Closed Accounts Posts: 5,797 ✭✭✭KyussBishop


    The real crisis is private debt, not public debt - and people don't have the money now, to pay their private debts.

    This will end in massive defaults or debt forigiveness, because there is no other way out now, and this will destroy banks balance sheets, and this blowing up will lead to the next part of the economic crisis.

    So, if you think it's over or nearly over, look at private debt levels. We're not even close to really turning the corner.


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  • #22
    dxhound2005
    Registered Users, Registered Users 2, Paid Member Posts: 24,784 ✭✭✭✭dxhound2005


    KyussBishop wrote: »
    The real crisis is private debt, not public debt - and people don't have the money now, to pay their private debts.

    This will end in massive defaults or debt forigiveness, because there is no other way out now, and this will destroy banks balance sheets, and this blowing up will lead to the next part of the economic crisis.

    So, if you think it's over or nearly over, look at private debt levels. We're not even close to really turning the corner.

    Not the same for everyone. In fact we have one of the highest savings ratios in Europe. €91 billion on deposit with the banks from private individuals and about €17 billion in State Savings.


  • #23
    Montroseee
    Registered Users, Registered Users 2 Posts: 1,188 ✭✭✭Montroseee


    KyussBishop wrote: »
    The real crisis is private debt, not public debt - and people don't have the money now, to pay their private debts.

    This will end in massive defaults or debt forigiveness, because there is no other way out now, and this will destroy banks balance sheets, and this blowing up will lead to the next part of the economic crisis.

    So, if you think it's over or nearly over, look at private debt levels. We're not even close to really turning the corner.

    The banks have been given tens of billions to cover their losses in private debt.


  • #24
    downonthefarm
    Registered Users, Registered Users 2 Posts: 1,308 ✭✭✭downonthefarm


    maybe in Dublin it is the rest of the country is bolloxed


  • #25
    KyussBishop
    Closed Accounts Posts: 5,797 ✭✭✭KyussBishop


    dxhound2005 wrote: »
    Not the same for everyone. In fact we have one of the highest savings ratios in Europe. €91 billion on deposit with the banks from private individuals and about €17 billion in State Savings.
    The rate of savings is irrelevant to the private debt problem - the people holding that debt, don't have those savings, so that changes nothing.

    We have the highest level (or close to it) of private debt per capita in Europe.


  • #26
    Cd_doe
    Closed Accounts Posts: 131 ✭✭Cd_doe


    Unemployment numbers are not really down...

    The government just muddied the water, disguising the figures so it looks like not as many people are claiming the dole...
    For example there's tons of people doing these bull$hit courses just to give them a meaning in life...
    They are still getting the 188 per week. It's just no longer counted as somebody claiming job seekers allowance...

    Unless somebody is working for a wage that's at least the minimum wage, it doesn't count, in my opinion


  • #27
    KyussBishop
    Closed Accounts Posts: 5,797 ✭✭✭KyussBishop


    Montroseee wrote: »
    The banks have been given tens of billions to cover their losses in private debt.
    Private debt runs up into hundreds of billions - if a portion of that blows up there will be more bailouts, and possibly bail-ins now that the precedent in Cyprus has set in.


  • #28
    tayto lover
    Registered Users, Registered Users 2, Paid Member Posts: 57,077 ✭✭✭✭tayto lover


    Mandatory atari option
    dxhound2005 wrote: »
    There was higher unemployment and emigration in the 1980's and 20% mortgage rates. Things were much worse then. But people soon forgot and they will soon forget this time too.

    Hardly likely.
    The current figures are lies designed to fool us again.
    Emigration, JobBridge etc just massaging the unemployment figures.
    More austerity budgets will be sprung on us in time. Just wait and see.
    They are fooling nobody.


  • #29
    donegal__road
    Closed Accounts Posts: 953 ✭✭✭donegal__road


    Unemployment figures down since the introduction of Jobridge.


  • #30
    dxhound2005
    Registered Users, Registered Users 2, Paid Member Posts: 24,784 ✭✭✭✭dxhound2005


    Not much of a massaging exercise since there are only about 20,000 Jobbridge placements out of a workforce of 2.1 million. And there must be as much immigration as there is emigration. Plenty of shop jobs for East Europeans.


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  • #31
    For Forks Sake
    Registered Users, Registered Users 2 Posts: 12,484 ✭✭✭✭For Forks Sake


    Oregano_State wrote: »
    You can't go wrong with land.

    Lard? BUY LARD PEOPLE!!!


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