Ireland booming again - do you see it?

Kermit.de.frog · 30-07-2015 04:26PM #1

Ireland growing like China according to latest figures released today.

http://www.theguardian.com/world/2015/jul/30/irish-economy-grows-strongly-return-pre-crisis-levels

Have to say I do see an uptick myself. See more construction, people I know getting back to work, I feel I have a little more to spend from my pay packet.

It was always going to be a slow process but it's remarkable when you think we were a busted, bailed out basket case only a couple of years a go.

I do see signs of recovery. Hopefully it spreads beyond the big smoke.

Do you see any signs of recovery in your area?

howamidifferent · 30-07-2015 04:28PM

Kermit.de.frog wrote: »

Ireland growing like China according to latest figures released today.

http://www.theguardian.com/world/2015/jul/30/irish-economy-grows-strongly-return-pre-crisis-levels

Have to say I do see an uptick myself. See more construction, people I know getting back to work, I feel I have a little more to spend from my pay packet.

It was always going to be a slow process but it's remarkable when you think we were a busted, bailed out basket case only a couple of years a go.

I do see signs of recovery. Hopefully it spreads beyond the big smoke.

Do you see any signs of recovery in your area?

Is that you Enda?

Mesrine65 · 30-07-2015 04:30PM

Well my wage is down €100+ for the same job & now I have to work a 42 hour week as opposed to a 39 hour week (fúck you Croke Park agreement) :mad:

No boom here

pcardin · 30-07-2015 04:30PM

Kermit.de.frog wrote: »

Ireland growing like China according to latest figures released today.

http://www.theguardian.com/world/2015/jul/30/irish-economy-grows-strongly-return-pre-crisis-levels

Have to say I do see an uptick myself. See more construction, people I know getting back to work, I feel I have a little more to spend from my pay packet.

It was always going to be a slow process but it's remarkable when you think we were a busted, bailed out basket case only a couple of years a go.

I do see signs of recovery. Hopefully it spreads beyond the big smoke.

Do you see any signs of recovery in your area?

I heard on CNN that analysts are predicting a new recession to start by the end of 2016. Better start saving.

Boom_Bap · 30-07-2015 04:30PM

Mesrine65 wrote: »

Well my wage is down €100+ for the same job & now I have to work a 42 hour week as opposed to a 39 hour week (fúck you Croke Park agreement) :mad:

No boom here

Hi, Boom here.

The_Valeyard · 30-07-2015 04:31PM

I see us repeating the same fu*cking mistakes again and some of the same people (developers) are back involved.

Catastraf*ck. 2.0

Chips Lovell · 30-07-2015 04:32PM

I'm waiting for the boom to get boomier.

lawred2 · 30-07-2015 04:33PM

well I just think some people would be better <mod snip>a bit too dark for AH</mod snip>

JustTheOne · 30-07-2015 04:34PM

The_Valeyard wrote: »

I see us repeating the same fu*cking mistakes again and some of the same people (developers) are back involved.

Catastraf*ck. 2.0

Well surely people can't make the mistake many made during the Celtic tiger.

If they do they deserve whatever comes their way during the next recession.

pickarooney · 30-07-2015 04:34PM

Growing like China? This China?
http://money.cnn.com/2015/07/07/investing/china-stocks-shanghai-crash/index.html?iid=SF_River

Kermit.de.frog · 30-07-2015 04:35PM

pickarooney wrote: »

Growing like China? This China?
http://money.cnn.com/2015/07/07/investing/china-stocks-shanghai-crash/index.html?iid=SF_River

lol, yeah, doing better than China then;)

Big Nasty · 30-07-2015 04:37PM

As it happens yes.

Few years back I was earning good money and had the spare cash for a few man-toys. Place I was working went bang and I ended up earning not a whole lot more than minimum wage. We were surviving but any luxuries went out the window including holidays.

After many, many months job searching I recently landed a job almost doubling my gross income. Was actually offered two jobs the same day!

Steve F · 30-07-2015 04:37PM

It depends who/what you believe.

The same people telling us this are the same ones that predicted the
"soft landing"

I for one am very skeptical

If there is another boom I do predict that the same mistakes will be made as last time

zl1whqvjs75cdy · 30-07-2015 04:37PM

Pre bought the decking just in case.

In all seriousness it seems like sentiment is definitely on the up, people in general seem to feel more optimistic. This can be clearly seen in the big up swing in new car purchases and also the growth of house prices. I am a bit concerned that its all (or largely) built on an IT bubble in Dublin. Young people fresh out of college are walking into jobs on 50 k doing software development and the like. We should be acutely aware of the risks of relying too heavily on one particular sector for employment and growth, particularly a sector which has seen bubbles burst in the recent past.

But sure what do I know, now where did I leave that decking hammer.

KungPao · 30-07-2015 04:38PM

lawred2 wrote: »

well I just think some people would be better off killing themselves

They should at least stop cribbing and moaning.

Saipanne · 30-07-2015 04:39PM

Note to all.

It is a well established fact that unemployment lags GDP by about eighteen months.

Thank you.

Specialun · 30-07-2015 04:40PM

Not boomey enough for me just yet

SEPT 23 1989 · 30-07-2015 04:40PM

how many other european countries are growing at that rate?

Hermy · 30-07-2015 04:41PM

Kermit.de.frog wrote: »

...Ireland growing like China...

What is meant by Ireland in relation to this phrase?

BoJack Horseman · 30-07-2015 04:42PM

In any other country, topping the continent for economic growth & budgetary consolidation would see a government being quite popular.

Not here though.

Not a NSA agent · 30-07-2015 04:43PM

Was too young to get multiple mortgages and lots of loans. Will make sure if we're going down I've had my fun. Sure they shouldnt have given me the money, its their fault.

SEPT 23 1989 · 30-07-2015 04:44PM

Not a NSA agent wrote: »

Was too young to get multiple mortgages and lots of loans. Will make sure if we're going down I've had my fun. Sure they shouldnt have given me the money, its their fault.

that's the spirit

Saipanne · 30-07-2015 04:44PM

BoJack Horseman wrote: »

In any other country, topping the continent for economic growth & budgetary consolidation would see a government being quite popular.

Not here though.

FG still top opinion polls, no?

BoJack Horseman · 30-07-2015 04:44PM

SEPT 23 1989 wrote: »

how many other european countries are growing at that rate?

Only Luxembourg.
http://ec.europa.eu/eurostat/tgm/table.do?tab=table&init=1&language=en&pcode=tec00115&plugin=1

jaymcg91 · 30-07-2015 04:45PM

A global recession is due to begin in the next 18-24 months (if you look over historical patterns). Thankfully Ireland has sorted out a lot of the mess that landed it into the last one. Hopefully people aren't going to start going crazy with their money then blame everybody else when it falls apart again

.

I've already started to save.

BoJack Horseman · 30-07-2015 04:45PM

Saipanne wrote: »

FG still top opinion polls, no?

And 1/3 lower than when they won the 2011 GE.

KungPao · 30-07-2015 04:45PM

Any current data on breakfast roll sales?

Gran Hermano · 30-07-2015 04:46PM

I'm off to Cape Verde this weekend, word is that now is the time to pick up some property bargains.

Mr_Muffin · 30-07-2015 04:46PM

Gonna buy at least 5 houses when things get good again.

Saipanne · 30-07-2015 04:47PM

BoJack Horseman wrote: »

And 1/3 lower than when they won the 2011 GE.

Not that bad, considering the unpopular decisions they had to take.

BoJack Horseman · 30-07-2015 04:47PM

Mr_Muffin wrote: »

Gonna buy at least 5 houses when things get good again.

The smart thing would be to buy them when things aren't good.

Ireland booming again - do you see it?

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