I am convinced that Ireland is in Serious trouble

kkelly77 · 24-02-2015 10:24PM

andrew wrote: »

Dunno where they're getting that figure, but it's certainly not Government debt/GDP

McKinsey Global Institute acoording to the ARTICLE

the evasion_kid · 24-02-2015 10:26PM

deadybai wrote: »

If you want to see utter depression come down to Waterford. I'd love to see unemployment statistics for Waterford compared to the rest of Ireland. Even the bus to Dublin service is being cancelled. If Ireland recovers in the next 2-5 years, Waterford will take 10-15 if ever.

Yeah its a grim place,seems to be a permanent rain cloud hanging over it when your driving towards it

bb1234567 · 24-02-2015 10:27PM

the evasion_kid wrote: »

Yeah its a grim place,seems to be a permanent rain cloud hanging over it when your driving towards it

My grandparents live there so I visit 3 or so times per year for a weekend each time and Ive literally never seen a non overcast or rainy day while staying there

syklops · 24-02-2015 10:28PM

Cody montana wrote: »

I actually moved back to Ireland in 2012 after being gone for 4 years.
I notice no major difference.

I came back in 2013 also after 4 years. Im seeing a big improvement. in 2009 no-one was hiring, not even IT companies. Now IT and Pharma are hiring, in fact they can't get enough people.

the evasion_kid · 24-02-2015 10:28PM

bb1234567 wrote: »

My grandparents live there so I visit 3 or so times per year for a weekend each time and Ive literally never seen a non overcast or rainy day while staying there

I'm down there a few times a week,I can actually feel my spirits lift when I drive out of it,is that the route 4 bus that's being canceled?

KingBrian2 · 24-02-2015 10:29PM

Eugene Norman wrote: »

The problem with your analysis is mistaking one year of catch up growth with "recovery". For the reasons I outlined earlier in this thread ireland is merely masking a future crash.

Europe left a recession in 2013. The year is 2015 so you are behind in the forecast. Your saying there is going to be a storm some time in the first, no details, just an opinion. As for the market crash, the duty of the central bank and government is making sure measures are in place to keep the economy going strong so that if markets tumble safe guards will be in place. You cannot plan for everything, that does not mean we should imagining some extreme market volatility is going to happen every month.

The economy is growing strong but you fail to acknowledge this fact, instead you dispute the economic data. You see only what you want to see rather than what is there. Are issues currently impacting Ireland, yes most definitely the national debt is high but on issues like employment, public sector reform and job security the stats point in the right direction. Here is a fact that you are free to deny, Ireland is the fastest growing economy in the €zone.

andrew · 24-02-2015 10:30PM

deadybai wrote: »

If you want to see utter depression come down to Waterford. I'd love to see unemployment statistics for Waterford compared to the rest of Ireland. Even the bus to Dublin service is being cancelled. If Ireland recovers in the next 2-5 years, Waterford will take 10-15 if ever.

They collected this data during the Last census in 2011. Not as bad as Limerick and Donegal but...still very bad. I made a chart:

unem.png

andrew · 24-02-2015 10:31PM

kkelly77 wrote: »

McKinsey Global Institute acoording to the ARTICLE

Looks like it includes corporate debt, which is a bit disingenuous considering the number of multinationals here whose debt burden is of no concern to the country in which they're located for tax purposes.

Grimreaper666 · 24-02-2015 10:35PM

The fastest growing economy in the Euro zone? Do you honestly believe this? If this story is coming from the government I won't even spend time debating it as they've told us so much lies already and are masters at distorting figures and the truth.

Kermit.de.frog · 24-02-2015 10:35PM

Grimreaper666 wrote: »

The fastest growing economy in the Euro zone? Do you honestly believe this? If this story is coming from the government I won't even spend time debating it as they've told us so much lies already and are masters at distorting figures and the truth.

It's from the CSO, not the government.

Princess Consuela Bananahammock · 24-02-2015 10:36PM

Valetta wrote: »

Again, you're only seeing what you want.

Can you quote posts to back up this "idea" you speak of?

I did say it appeared that way - there was a debate about how many unemployed people there were to every job, which seems to have little point other than highlighing that the people weren't working because they didn't want to (which is obviously the case sometimes) but is hardly the case across the board. Here's a couple of examples that I was basing the post on.

AudreyHepburn wrote: »

Case in point....I'm sure that it's a perfectly good job but because it's Topaz people will turn their noses up at it.

If people are as desperate for work as they make out then surely they should be willing to do any decent job that comes their way.

keithclancy wrote: »

Ya, 10613 Job ads there at the moment.

This also seems to be saying the same thing, although posted afterwards:

Pinch Flat wrote: »

As someone that has been unemployed it's a mixture of luck, tenacity and never giving up, if you have that attitude there's a job there for you. If you don't well - there's not.

The ratio of jobs to unemplyed people would argue otherwise.

Dog of Tears · 24-02-2015 10:37PM

Grimreaper666 wrote: »

The fastest growing economy in the Euro zone? Do you honestly believe this? If this story is coming from the government I won't even spend time debating it as they've told us so much lies already and are masters at distorting figures and the truth.

Educate yourself son, before you come on the internet and expose your ignorance.

Grimreaper666 · 24-02-2015 10:40PM

Dog of Tears wrote: »

Educate yourself son, before you come on the internet and expose your ignorance.

I'm just commenting on what i'm seeing not what i'm being told to believe.

Kermit.de.frog · 24-02-2015 10:40PM

kkelly77 wrote: »

McKinsey Global Institute acoording to the ARTICLE

Official Gov debt/GDP ratio is 111%.

That article is adding all debt and saying it is govt debt which it is not. It's a mix of personal, corporate and govt debt.

That site also has an agenda which is "buy gold!" incidentally.

Dog of Tears · 24-02-2015 10:41PM

Grimreaper666 wrote: »

I'm just commenting on what i'm seeing not what i'm being told to believe.

Off to Specsavers with you so.

Grimreaper666 · 24-02-2015 10:45PM

Dog of Tears wrote: »

Off to Specsavers with you so.

Perhaps things are booming where you are but where I am things are in melt down.

the evasion_kid · 24-02-2015 10:53PM

Grimreaper666 wrote: »

Perhaps things are booming where you are but where I am things are in melt down.

Learn the art of minimalism, the government in this country has gone from symbiotic with its people to parasitical.....and you're the host

Eugene Norman · 24-02-2015 11:00PM

KingBrian2 wrote: »

Europe left a recession in 2013. The year is 2015 so you are behind in the forecast. Your saying there is going to be a storm some time in the first, no details, just an opinion. As for the market crash, the duty of the central bank and government is making sure measures are in place to keep the economy going strong so that if markets tumble safe guards will be in place. You cannot plan for everything, that does not mean we should imagining some extreme market volatility is going to happen every month.

The economy is growing strong but you fail to acknowledge this fact, instead you dispute the economic data. You see only what you want to see rather than what is there. Are issues currently impacting Ireland, yes most definitely the national debt is high but on issues like employment, public sector reform and job security the stats point in the right direction. Here is a fact that you are free to deny, Ireland is the fastest growing economy in the €zone.

Oh for gods sakes I exhaustively gave my reasons. Go back and argue those points. And in no way is the EU out of recession.

Long term ireland is in bad shape because we have just kicked a few cans down the road and pretended that one year of growth will solve all problems. It won't. Nobody is denying one year of growth though. That usedn't to be so exciting. ( every year in the 1980's had some growth except one).

curiouscrater · 24-02-2015 11:22PM

i never write posts but I am sick of whinging and moaning, i left this country for work in the 90s to Switzerland, no fancy time out or finding myself trip either hard work,crap pay returned educated myself, worked almost full time during my education, left again for America, returned and got good job, kept same job during celtic tiger was sneered at, now getting same idots whinging I've a cushy number, bought a house, pay taxes, own well, pay to install it, maintain it etc and pay kid's doctors bills, husband was self employed can't apply for social welfare to be fair he wouldn't apply fir it, only in extreme cases , not once did we think we were owed a living neither were ever on social welfare because we were picking patoto and throwing in turf since we were kids, no pocket money, get up out and at it ! work ethic instilled by parents who too had to emigrate too and send home money, it's not your right to hand outs its just an aid to help those who deserve it and are genuine in need! The country is on way up , beef been bought again after 15 years from China and USA, apple etc coming in, people returning from oz etc ! I've no flat screen tv, no holidays abroad, drive 02 car , would love new everything but Ive bills to pay mouths to feed , don't expect someone else to pay it for me! never taught to be reliant or under compliment to anyone! get busy living! phhhhhhh rant over!

Stheno · 24-02-2015 11:27PM

My perspective on this.

At the end of the boom (2007) I got a very high paying job in the semi state sector on a fixed term contract.

That came to an end in 2010.

I took a 35% decrease to take up another job, renogotiated 18 months later and it decreased to 12.5% on the basis of performance.

Was then headhunted by a company (not a recruiter) and went back to boom levels of pay.

Was further recruited and now surpass what I was paid in 2007 in a post 24 month startup

Yes I do work in a very specialised area but it's a very good example imo of boom and bust/boom

HamsterFace · 24-02-2015 11:35PM

Look, everything is crap and that's that. You'll never convince me otherwise, if you try then you're a government shill.

dxhound2005 · 24-02-2015 11:37PM

6541 wrote: »

I am of the opinion that Ireland is in serious trouble now.
I drove across the country at the weekend and it is shocking the state of some of the towns, street after street are lying derelict.
A whole generation have left.
There are zero jobs.
Where I live the soul has been ripped out of the town, go for a drink to be greeted with nobody in the pubs / clubs.
7 years of this and no sign of it ending !
The country is a basket case.

You can drive from Dundalk to Cork without going through any towns. And as far as I know you can drive from Dublin to Galway without going through any towns. What route did you take "across the country" and name these towns with street after street lying derelict.

There are two million jobs, not zero. The population of the country is increasing rapidly partly due to immigration to fill job vacancies here. Most of the "whole generation" who left were in employment here when they emigrated.

More drink than ever being consumed, just not as much in the pubs as in previous generations. Some sort of culture change going on there, nothing to do with money.

flas · 24-02-2015 11:38PM

curiouscrater wrote: »

i never write posts but I am sick of whinging and moaning, i left this country for work in the 90s to Switzerland, no fancy time out or finding myself trip either hard work,crap pay returned educated myself, worked almost full time during my education, left again for America, returned and got good job, kept same job during celtic tiger was sneered at, now getting same idots whinging I've a cushy number, bought a house, pay taxes, own well, pay to install it, maintain it etc and pay kid's doctors bills, husband was self employed can't apply for social welfare to be fair he wouldn't apply fir it, only in extreme cases , not once did we think we were owed a living neither were ever on social welfare because we were picking patoto and throwing in turf since we were kids, no pocket money, get up out and at it ! work ethic instilled by parents who too had to emigrate too and send home money, it's not your right to hand outs its just an aid to help those who deserve it and are genuine in need! The country is on way up , beef been bought again after 15 years from China and USA, apple etc coming in, people returning from oz etc ! I've no flat screen tv, no holidays abroad, drive 02 car , would love new everything but Ive bills to pay mouths to feed , don't expect someone else to pay it for me! never taught to be reliant or under compliment to anyone! get busy living! phhhhhhh rant over!

This whole post smacks of the complete opposite of living! You basically live to work,not work to live, sounds like a horrible standard of living!

jimgoose · 24-02-2015 11:39PM

curiouscrater wrote: »

i never write posts but I am sick of whinging and moaning, i left this country for work in the 90s to Switzerland, no fancy time out or finding myself trip either hard work,crap pay returned educated myself, worked almost full time during my education, left again for America, returned and got good job, kept same job during celtic tiger was sneered at, now getting same idots whinging I've a cushy number, bought a house, pay taxes, own well, pay to install it, maintain it etc and pay kid's doctors bills, husband was self employed can't apply for social welfare to be fair he wouldn't apply fir it, only in extreme cases , not once did we think we were owed a living neither were ever on social welfare because we were picking patoto and throwing in turf since we were kids, no pocket money, get up out and at it ! work ethic instilled by parents who too had to emigrate too and send home money, it's not your right to hand outs its just an aid to help those who deserve it and are genuine in need! The country is on way up , beef been bought again after 15 years from China and USA, apple etc coming in, people returning from oz etc ! I've no flat screen tv, no holidays abroad, drive 02 car , would love new everything but Ive bills to pay mouths to feed , don't expect someone else to pay it for me! never taught to be reliant or under compliment to anyone! get busy living! phhhhhhh rant over!

...and try and tell that t'young folk today, they won't believe you!

24-02-2015 11:47PM

1. Unemployment is above 10%, which is shockingly high compared with the so-called "crisis" Japan has supposed to have gone through since the early 90's, where unemployment was never higher than 6%.

2. Most of our economic growth is based on property bubble in Dublin and low corporate tax. Both of which are vulnerable to being 'popped' very quickly.

3. Exactly what has been done to prevent a future financial crisis and the need to bail out our banks in the future? We all know about the effects of the bank bailout but what is the Government doing to prevent it happening again?

curiouscrater · 24-02-2015 11:53PM

flas wrote: »

This whole post smacks of the complete opposite of living! You basically live to work,not work to live, sounds like a horrible standard of living!

sounds like you didn't read my post correctly, i educated myself and work to keep myself in a normal standard of living, material things are not worth been in debt for, i pay my way, don't want to be stressed paying bills, have no one on my case, enjoy my kids as I am not stressed or not afraid to answer the door, done a lot of travelling prior family, kids have great holidays here in Ireland, we can go travelling if we want but currently kids too young! have good job and flexibility, worked hard for it, my point is i didn't expect anyone to give it to me or that it's my god given right! feels good to me good family, friends and life thank sm try it sometime ðŸ˜‰

24-02-2015 11:55PM

curiouscrater wrote: »

i never write posts but I am sick of whinging and moaning, i left this country for work in the 90s to Switzerland, no fancy time out or finding myself trip either hard work,crap pay returned educated myself, worked almost full time during my education, left again for America, returned and got good job, kept same job during celtic tiger was sneered at, now getting same idots whinging I've a cushy number, bought a house, pay taxes, own well, pay to install it, maintain it etc and pay kid's doctors bills, husband was self employed can't apply for social welfare to be fair he wouldn't apply fir it, only in extreme cases , not once did we think we were owed a living neither were ever on social welfare because we were picking patoto and throwing in turf since we were kids, no pocket money, get up out and at it ! work ethic instilled by parents who too had to emigrate too and send home money, it's not your right to hand outs its just an aid to help those who deserve it and are genuine in need! The country is on way up , beef been bought again after 15 years from China and USA, apple etc coming in, people returning from oz etc ! I've no flat screen tv, no holidays abroad, drive 02 car , would love new everything but Ive bills to pay mouths to feed , don't expect someone else to pay it for me! never taught to be reliant or under compliment to anyone! get busy living! phhhhhhh rant over!

I'm glad you never write posts. Ever heard of a full stop?

dxhound2005 · 24-02-2015 11:56PM

Deleted User wrote: »

1. Unemployment is above 10%, which is shockingly high compared with the so-called "crisis" Japan has supposed to have gone through since the early 90's, where unemployment was never higher than 6%.

2. Most of our economic growth is based on property bubble in Dublin and low corporate tax. Both of which are vulnerable to being 'popped' very quickly.

3. Exactly what has been done to prevent a future financial crisis and the need to bail out our banks in the future? We all know about the effects of the bank bailout but what is the Government doing to prevent it happening again?

The long term average unemployment over the last 40 years is about 10%. It was much higher in the 1980's and emigration was much higher also. In that era the more recent phenomenon of immigration did not exist to any substantial degree either.

The only time in which the unemployment rate was well below 10% for a sustained period was during the Celtic Tiger. And then even when hundreds of thousands came from abroad to work we still had 4% unemployment. So the real unemployment rate is probably around 6% and then you have to factor in the unofficial economy in which some of those people are engaged.

curiouscrater · 24-02-2015 11:58PM

[Deleted User] wrote: »

I'm glad you never write posts. Ever heard of a full stop?

haven't time life is too short, ................

curiouscrater · 25-02-2015 12:01AM

[Deleted User] wrote: »

I'm glad you never write posts. Ever heard of a full stop?

haven't time life is too short, ................

I am convinced that Ireland is in Serious trouble

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