FG to just do nothing for the next 5 years.

J_1980

Yurt! wrote: »

I bet you've never been to Asia. You were shown up the other day not knowing what you were on about with Singapore the other day.

Read this article

https://focustaiwan.tw/politics/201711190016

And then crawl back to Venezuela....

After this crisis the nanny welfare sttae is done, over. It’s an amazing outcome

Yurt2

J_1980 wrote: »

Read this article

https://focustaiwan.tw/politics/201711190016

And then crawl back to Venezuela....

You've never lived in Singapore. You're using this crisis to talk utter swill.

smurgen

Yurt! wrote: »

I bet you've never been to Asia. You were shown up the other day not knowing what you were on about with Singapore the other day.

Lived in Singapore hates socialist policies these trolls are getting worse.

smurgen

Even morons like Boris making FG look weak and indecisive.

https://twitter.com/patphelan/status/1241313137569206277?s=19

Wanderer78

smurgen wrote: »

Even morons like Boris making FG look weak and indecisive.

https://twitter.com/patphelan/status/1241313137569206277?s=19

fg will fcuk this country up, if they dont truly step up to things

all about the mane

Wanderer78 wrote: »

fg will fcuk this country up, if they dont truly step up to things

Where are we going to get the money to pay for that?

smurgen

all about the mane wrote: »

Where are we going to get the money to pay for that?

You tell us? Sure hasn't FFG been at the helm over the last few decades? Haven't they just resided over the longest boom period in the history of the country? Or are you finally admitting that the recovery was only a figment of their imagination?

Wanderer78

all about the mane wrote: »

Where are we going to get the money to pay for that?

money creation is easy, theres nothing stopping the central bank from doing this, this is how countries such as england from doing what the are doing

bunderoon

all about the mane wrote: »

Where are we going to get the money to pay for that?

How about going back to the troika and saying that we need to wipe the interest payments for the next 3 years or Ireland is finished and they will never get another penny.
That will generate / save 18Bn euro in interest that we would otherwise pay over 3 years.

all about the mane

Wanderer78 wrote: »

money creation is easy, theres nothing stopping the central bank from doing this, this is how countries such as england from doing what the are doing

Really...there is nothing at all stopping our central bank from printing money?

all about the mane

smurgen wrote: »

You tell us? Sure hasn't FFG been at the helm over the last few decades? Haven't they just resided over the longest boom period in the history of the country? Or are you finally admitting that the recovery was only a figment of their imagination?

Imagine the position we would be in if we were depending on SF's magic money tree

road_high

dh1985 wrote: »

Alot has changed in a week Francie. This has escalated at an enormous rate

Weeks a long time in politics. A cliche but never truer. Unless you have a severe persecution complex, you’ll be relieved we had a sound government running a surplus going into this disaster. This would have been a calamity under SF- there’s a lesson for all the people who naively voted for SF last month- you can’t spend massive sums you don’t have and must always have some sort of cushion for unknown rainy day. We’re very much back to basic reality now.

all about the mane

bunderoon wrote: »

How about going back to the troika and saying that we need to wipe the interest payments for the next 3 years or Ireland is finished and they will never get another penny.
That will generate / save 18Bn euro in interest that we would otherwise pay over 3 years.

Yeah, that will work...

road_high

all about the mane wrote: »

Imagine the position we would be in if we were depending on SF's magic money tree

Doesn’t bare thinking about. Couple that with a very inexperienced and limited ability cabinet we’d be up **** creak. Knowing sf they’d probably give up and let someone else in to do the work. They do that in the north constantly

Yurt2

all about the mane wrote: »

Imagine the position we would be in if we were depending on SF's magic money tree

We're going to see more magic money we've seen in the history of economics over the next year. Where do you think Trump's trillion dollar stimulus and Boris' salary guarantees are coming from?

Try to see the wood from the trees here.

all about the mane

Yurt! wrote: »

We're going to see more magic money we've seen in the history of economics over the next year. Where do you think Trump's trillion dollar stimulus and Boris' salary guarantees are coming from?

Try to see the wood from the trees here.

I see exactly where its going to come from. How do you think that will work out??

road_high

bunderoon wrote: »

How about going back to the troika and saying that we need to wipe the interest payments for the next 3 years or Ireland is finished and they will never get another penny.
That will generate / save 18Bn euro in interest that we would otherwise pay over 3 years.

Amazing idea. Who is going to lend us the billions more we are potentially high to need in the next few years?

Yurt2

all about the mane wrote: »

I see exactly where its going to come from. How do you think that will work out??

We're in uncharted economic territory in case you haven't noticed, but every developed economy is going to have to reach for the magic money tree in a manner never seen before in history. Policies you're deriding in this very thread.

You're keeping the Punch and Judy 2008 staunch defenses of yesterday's policy responses going. This won't work any more. The world has changed completely

smurgen

all about the mane wrote: »

Imagine the position we would be in if we were depending on SF's magic money tree

That's your answer. The reality was they weren't in power ffg were so tell me what are ffg going to do? imagine imagine imagine.when reality bites ffg just make up scenarios that never happened.

smurgen

road_high wrote: »

Weeks a long time in politics. A cliche but never truer. Unless you have a severe persecution complex, you’ll be relieved we had a sound government running a surplus going into this disaster. This would have been a calamity under SF- there’s a lesson for all the people who naively voted for SF last month- you can’t spend massive sums you don’t have and must always have some sort of cushion for unknown rainy day. We’re very much back to basic reality now.

We paid the junior bondholders when we didn't need to. Maybe they can return the favour to FG and the country now?

smurgen

bunderoon wrote: »

How about going back to the troika and saying that we need to wipe the interest payments for the next 3 years or Ireland is finished and they will never get another penny.
That will generate / save 18Bn euro in interest that we would otherwise pay over 3 years.

That would need a government that doesn't ask and urge. It would mean a government with actually negotiating skills and teeth.

all about the mane

smurgen wrote: »

Mary Lou's been on alot of shows urging people to take precautions

smurgen wrote: »

That would need a government that doesn't ask and urge.

Mary Loo would be feck all use then, wouldn't she

smurgen

all about the mane wrote: »

Mary Loo would be feck all use then, wouldn't she

She's not in government is she? Time for Lieo to start calling in favours from his European buddies.he's been the best kid in class all along.surely they'll help him out right?

smurgen

So the rent freeze was constitutional all along it seems? Was this not one of the pre election lies spread by FFG? Like I said there's going to be lots of questions of these parties. Lots of stuff coming out in the wash due to this crisis.

https://www.thejournal.ie/ban-on-evictions-and-rent-freeze-coronavirus-ireland-5051498-Mar2020/

J_1980

bunderoon wrote: »

How about going back to the troika and saying that we need to wipe the interest payments for the next 3 years or Ireland is finished and they will never get another penny.
That will generate / save 18Bn euro in interest that we would otherwise pay over 3 years.

Haha
Germans and dutch who work till 70 will bend over backwards to accommodate the Irish sponger for their 65 retirement and free gaffs.
Wonder what you guys are smoking haha
Any leniency on payments will be tied to strict reforms. There’s no other way to reign into the irish sponger attitude.

smurgen

smurgen wrote: »

So the rent freeze was constitutional all along it seems? Was this not one of the pre election lies spread by FFG? Like I said there's going to be lots of questions of these parties. Lots of stuff coming out in the wash due to this crisis.

https://www.thejournal.ie/ban-on-evictions-and-rent-freeze-coronavirus-ireland-5051498-Mar2020/

Eoghan Murphy in December :

"Housing Minister Eoghan Murphy admitted rents are “impossibly” high, but he defended landlords and said they are an “important part of this country”.

He argued that rent freezes would “damage” supply and that the proposed Sinn Féin bill is “unconstitutional” and even “reckless”.


https://www.irishexaminer.com/breakingnews/ireland/unconstitutional-rent-freeze-proposals-will-drive-out-landlords-and-investors--govt-969753.html

Wanderer78

all about the mane wrote: »

Really...there is nothing at all stopping our central bank from printing money?

no, central banks do this all the time, they are currently doing this again with further qe measures

all about the mane wrote: »

Imagine the position we would be in if we were depending on SF's magic money tree

again, money creation is already a magical process, so no need for new magical methods

Idbatterim

easy for the rats to implement a rental freeze all of a sudden, to look good. When the prices are only going one way :rolleyes:

Plumbthedepths

J_1980 wrote: »

You can print endless money if your economy is backed by ASSETS and value add:

Usa debt/gdp (private, govtm, corporate) is 300% of gdp
Argentina (failed lefty governemnts) has 50% debt/gdp

Yet it’s Argentina which is perennially bankrupt. Not the USa, USD as strong as ever
Simple economics really.

Loving this left politics failure. Italy and Spain are paying for their decade long left wing follies with dead bodies. Maybe they’ll learn the lesson this time...

It's fair to assume by the above post you are utterly clueless.

Runaways

There are over 300,000 people renting in Ireland.

FG have basically left us to go fvck cos theyre too busy protecting their base ie the landlords and themselves and won’t give us the same protection or backing.


If you really think that’s not going to affect them in the next election you really really are delusional.