Recession..are we over the worst

Degsy

Discuss...

mental07

Recession threads.........are we over them yet?

Yes, as George Lee is no longer on Six-0ne

Sleipnir

Don't be ridiculous. We haven't even gotten to the 'eating our dead' stage yet.
After that though, it's plain sailing.

Degsy

mental07 wrote: »

Recession threads.........are we over them yet?

I doubt it.
I cant take anymore budgets though..down 400 quid a month since march.

InFront

If it gets worse, I don't think it wil get significantly worse, the rate of the unemployment rise is slowing down considerably so we do seem to be approaching the bottom of the downward arc alright... this is a good thing

6th

Sleipnir wrote: »

Don't be ridiculous. We haven't even gotten to the 'eating our dead' stage yet.

We haven't? ... oops.

Highsider

I would'nt say we are anywhere near rock bottom yet.

thebouldwhacker

Sleipnir wrote: »

Don't be ridiculous. We haven't even gotten to the 'eating our dead' stage yet.

not saying it'll happen but better to be prepared:pac:

dr.bollocko

It's very hard to see a silver lining as yet. Has anything actually improved since the recession started? More jobs lost, hospitals closing, banks still acting the twat and FF still in power.

shqipshume

Dont see the government feeling the recession at all.:mad:
How much do they get paid anyway out of Irish pockets?

flas

InFront wrote: »

If it gets worse, I don't think it wil get significantly worse, the rate of the unemployment rise is slowing down considerably so we do seem to be approaching the bottom of the downward arc alright... this is a good thing

until this years crop of school leavers and graduates leave education and have absolutely no work,it will rise then again...

Degsy

dr.bollocko wrote: »

It's very hard to see a silver lining as yet. Has anything actually improved since the recession started? More jobs lost, hospitals closing, banks still acting the twat and FF still in power.

The govt is robbing peter to pay paul..they've made at least 1.8 billion as a result of the pension levy alone.
What have they done with the cash?
fcucking wasted it,thats what.

thebouldwhacker

€5 says in 12 months time your post ^ will still be fresh...


(bit slow there, that was @ Dr Bollocko)

Recession..are we over the worst

No

Degsy

One good thing about this whole sorry mess..the price of drink is coming down and that cant be a bad thing

Sleipnir

dr.bollocko wrote: »

Has anything actually improved since the recession started?

The weather. The recession hasn't gotten any better but everyone's in a slighly better mood because the sun came out for a bit.

Sleipnir

Degsy wrote: »

One good thing about this whole sorry mess..the price of drink is coming down and that cant be a bad thing

Will the price of the pint in the taxpayer-subsidised Dail bar come down also?

shqipshume

Degsy wrote: »

One good thing about this whole sorry mess..the price of drink is coming down and that cant be a bad thing

while everything else goes where? god can live with out alcohol but look at prices on esb and gas:eek: and the pay cuts it isnt meeting eachother and you're worried about drink lol

dr.bollocko

Degsy wrote: »

One good thing about this whole sorry mess..the price of drink is coming down and that cant be a bad thing

I haven't seen it come down in the pubs at all. And I have only seen it stay at the same rate in most of the offy's. Of course it's hankey bannister these days. The days of Jameson are long gone.

Sleipnir wrote: »

The weather. The recession hasn't gotten any better but everyone's in a slighly better mood because the sun came out for a bit.

I aint seen no sun yet. Everyone's talking about the bloody sun. Where is it!

Irjudge1

No. Im betting to be unemployed before the end of the year.

4zn76tysfajdxp

Degsy wrote: »

One good thing about this whole sorry mess..the price of drink is coming down and that cant be a bad thing

Not in Galway. I was in a club the other night and a friend of mine paid nearly €15 for a double-vodka and Red Bull. Worse thing was that the vodka was watered down to fuck. It was practically odourless.

Soby

dr.bollocko wrote: »

I haven't seen it come down in the pubs at all. And I have only seen it stay at the same rate in most of the offy's. Of course it's hankey bannister these days. The days of Jameson are long gone.

I aint seen no sun yet. Everyone's talking about the bloody sun. Where is it!

Well you prob have to leave your "Location" to see it

Captain-America

This topic is just plain silly. OP, you must have known the answer before you started this.

shqipshume

Irjudge1 wrote: »

No. Im betting to be unemployed before the end of the year.

Hope you wont be good luck

4zn76tysfajdxp

dr.bollocko wrote: »

I aint seen no sun yet. Everyone's talking about the bloody sun. Where is it!

It's in the sky, Doctor.

dr.bollocko

Soby wrote: »

Well you prob have to leave your "Location" to see it

That's probably not going to happen so.

Degsy

Actually i'm wrong.
The greedy bastard publicans are still charging whatever the fcuck they like for drink.
Offys.however at least have the good grace to reduce the price of 6 cans.
Slightly OT but i buy my beer and wine in newry..i filled the car up with `crates of beer and wine for 90 quid,7 trays of beer and 15 bottles of wine..oh yeah,sainsburies spirits are 7 quid a bottle.

the_dark_side

Degsy wrote: »

The govt is robbing peter to pay paul..they've made at least 1.8 billion as a result of the pension levy alone.
What have they done with the cash?
fcucking wasted it,thats what.

They didnt waste it... they handed it all straight to the banks to cover the massive losses the banks have incurred on the property roulette wheel... and this is no word of a lie.

There is rumour of another mini budget before December's budget... and it is also rumoured that the government will have to go after people's savings in order to cover the bank's gambling bills.. (I heard this from a reputable source)

Further more, if the church write a cheque to cover impending abuse comensation, the cheque will go straight to the government, who will dole it out as THEY SEE FIT, and give the rest of it to the banks (an unexpected little windfall for the government in the form of a cheque from the vatican)... this possability was discussed on radio 1 this morning.

Meanwhile they will continue to lie to the public while remaining on the payroll of the banks, and EU industrialists to whom they award government contracts to.

While on a trade mission to the UAE a month ago, a senior government official upgraded their hotel to a suite in a neighbouring hotel that cost €800 per night, from the one they had for €400 per night... reason? the cheaper hotel had no spa or leisure facilities... FACT

4zn76tysfajdxp

That's a lot of alcohol Degsy, is there something on your mind? Do you wanna talk about it?

The Pontiac

Degsy wrote: »

One good thing about this whole sorry mess..the price of drink is coming down and that cant be a bad thing

It's just too little too late, imo. 1,500 pubs in Ireland shut in recent years.

Caoimhín

By next winter my bunker in the forest will be built. I will then make my stand with the shotgun and a few thousand tins of beans.

And dont come knockin or you will find yourself at the business end of the said shotgun.

Degsy

Brenden Fierce Kitty wrote: »

That's a lot of alcohol Degsy, is there something on your mind? Do you wanna talk about it?

Drank the lot so,no ,i dont wanna tal about it

the_dark_side

Quote:
Originally Posted by Degsy
The govt is robbing peter to pay paul..they've made at least 1.8 billion as a result of the pension levy alone.
What have they done with the cash?
fcucking wasted it,thats what.

They didnt waste it... they handed it all straight to the banks to cover the massive losses the banks have incurred on the property roulette wheel... and this is no word of a lie.

There is rumour of another mini budget before December's budget... and it is also rumoured that the government will have to go after people's savings in order to cover the bank's gambling bills.. (I heard this from a reputable source)

Further more, if the church write a cheque to cover impending abuse comensation, the cheque will go straight to the government, who will dole it out as THEY SEE FIT, and give the rest of it to the banks (an unexpected little windfall for the government in the form of a cheque from the vatican)... this possability was discussed on radio 1 this morning.

Meanwhile they will continue to lie to the public while remaining on the payroll of the banks, and EU industrialists to whom they award government contracts to.

While on a trade mission to the UAE a month ago, a senior government official upgraded their hotel to a suite in a neighbouring hotel that cost €800 per night, from the one they had for €400 per night... reason? the cheaper hotel had no spa or leisure facilities... FACT

the_dark_side

So no opinions then?? Sorry for interrupting Play Station... its no fking wonder the public are being EASILY walked on and lied to

af_thefragile

The american dollar collapse is inevitable at some point. So if you live in america this is only the start of a biblical nosedive. Though for us here in europe, the euro is stable enough (and more importantly as its not the international monetary standard that the new power economies are so keen on getting rid of), so we won't get much worse.
We're close to the bottom.
Things aren't gonna get any much worse.



Though what matters more is how long its gonna take for Ireland to recover back. And from the current state of things it looks nothing closer than a decade or maybe even two.
Which means this recession will continue on for a long time. The economy will find its bottom point. People will leave Ireland. Ireland is gonna transform back into the pre-celtic tiger impoverished country. And things will become grey and quite once again for Ireland.

the_dark_side

I agree with some of the above, in so far as this should not be referred to as a recession, but as 'Irelands new ecconomic state'... this recession should be thought of as a new climate... IF we are to return to the boom era, or anything close to it, a 'wild card' discovery is go to have to be made.

Cold Fusion for example, or something comparable to the discovery of electricity. And its going to have to be developed here also... green energy is the way forward, but its going to be difficult to be innovaters as there are alot of advancements being made in many other countries who have contributed to research and are quite a ways ahead in terms of green energy development.

A resource that is unique to Ireland is whats needed.

missingtime

People are scared ****less cos of the news and the radio and matt ****ing cooper and his
drive time depressorama.

The opposite scale is the old "yerra sure we'll be grand" mentality thats flooding through the country.

I dunno whats going to happen. I'm going month by month at the moment. At least I've electric picnic to look forward to.

af_thefragile

the_dark_side wrote: »

Cold Fusion for example, or something comparable to the discovery of electricity. And its going to have to be developed here also... green energy is the way forward, but its going to be difficult to be innovaters as there are alot of advancements being made in many other countries who have contributed to research and are quite a ways ahead in terms of green energy development.

A resource that is unique to Ireland is whats needed.

Ireland has an excellent resources for developing green energy.
Ireland gets lots of winds from the atlantic and even has a huge coast line for the development of wave energy.

Actually its one of my things to do in the future, to start a business developing green energy.

Though what Ireland lacks is a skilled force. People just don't seem to wanna study anymore. They just wanna take up some job to make their living. We need more highly educated and skilled people in Ireland who, when given the resources can work hard at developing these technologies.

No business person wants to invest in such high risk projects either. They wanna spend their money on more stable investments like property and shares or businesses they know are bout to produce a profit.
For me its more of a no risk, no game thing!

People are becoming increasingly lazy and lack the motivation to step up and do anything. They just wanna hang around and wait for the government to sort it out for them. They need to realise the government can't solve this. Infact all the government is doing is making things worse. Markets sort themselves out over time and all we have to do/can do is hold tight and ride out this recession. People need to realise it. All the positive market news is just speculation to make us feel better. We need to instead be preparing for the bad times to come.

Senna

Caoimhín wrote: »

By next winter my bunker in the forest will be built. I will then make my stand with the shotgun and a few thousand tins of beans.

And dont come knockin or you will find yourself at the business end of the said shotgun.

If you're in a bunker only eating beans, thrust me, no ones coming near you.:D

Caoimhín

Senna wrote: »

If you're in a bunker only eating beans, thrust me, no ones coming near you.:D

Nice one Senna, now i can add poison gas to my WMDs.

Mr. CooL ICE

af_thefragile wrote: »

Though what Ireland lacks is a skilled force. People just don't seem to wanna study anymore. They just wanna take up some job to make their living. We need more highly educated and skilled people in Ireland who, when given the resources can work hard at developing these technologies.

No business person wants to invest in such high risk projects either. They wanna spend their money on more stable investments like property and shares or businesses they know are bout to produce a profit.
For me its more of a no risk, no game thing!

Are you actually being serious?

af_thefragile

^got anything better to say?

Mr. CooL ICE

For a start, there were a lot of highly educated people who finished college last year and have yet to find jobs, and I'm sure plenty more will follow this year. Many of whom wish they worked instead of spending 3/4 years in education to find that the industry doesn't want them any more.

Dunno what scale of property you are referring to, but most at the lower-end (i.e. landlords) that I know of want to sell their houses and get out of leasing, but can't. Also look at the many offices/hotels/shopping centres in construction around the country where building progress has ceased

ejmaztec

When the recession is over in the rest of the world, 98% of the Irish population will leave the country. Unfortunately, this will mean that the remaining 2% will be taxed at 99% on their incomes to cover the shortfall. There will also be a 1% levy.

The upside is that we'll only have to eat our own sh1t to survive, and not anybody else's.

af_thefragile

LordChessington wrote: »

For a start, there were a lot of highly educated people who finished college last year and have yet to find jobs, and I'm sure plenty more will follow this year. Many of whom wish they worked instead of spending 3/4 years in education to find that the industry doesn't want them any more.

Dunno what scale of property you are referring to, but most at the lower-end (i.e. landlords) that I know of want to sell their houses and get out of leasing, but can't

But now not many students are too serious about getting a good proper professional degree. Most wanna pass school and get working.

I was speaking of a general trend over the past few years (decade?) in businesses.
Its only the local businesses (existing and new ones) that can help Ireland out of the recession. The government can't do anything. What Ireland needs is an industry. The economic tables have turned. The West aren't the consumers anymore. The "east" has found a market for its industry within itself. Now we are starting to play catch up and for us to do that we need local industries for ourselves!

Agamemnon

af_thefragile wrote: »

But now not many students are too serious about getting a good proper professional degree. Most wanna pass school and get working.

That was the case during the good times, when lots of people left school before doing their Leaving Certs and walked straight into well-paying jobs on sites and the like. Now that those jobs are gone, more people will go back to education.

jester77

Once the potato crop doesn't fail we'll be grand!

Nolanger

70,000 third-level students graduating next month and no jobs - yes, the worst is over :p:p

johnnyrotten

Degsy wrote: »

The govt is robbing peter to pay paul..they've made at least 1.8 billion as a result of the pension levy alone.
What have they done with the cash?

Paid the dole with it!

Lollipops23

im praying we're bottoming out now.i feel like i've spent 3 years working my arse off in college for nothing; i can barely get hrs in my old part time job,never mind start my proper career at the min. i am a lot better off than other people though,with no rent or mortgage or dependants!