A global recession is on the horizon - please read OP for mod warning

You should really read better the articles you post.

it is not “to impose” because they are debating (it is in the title). You could also have said it was exports from/to Russia as it looked like you were talking about exports going everywhere.

On the job loss, you can wonder but the EU is not as stupid as you make it to be. Do you wonder if job loss is part of the reason they are debating?

I think Lane should have waited for the latest CPIs, Inflation and harmonized inflation rates as he is way off the mark

Inflation rate decreased by .8% MoM

Harmonized Inflation rate decreased by 1% MoM

CPI decreased for the 3rd month in a row

Well he must not see inflation dropping much at all for the rest of the year as January alone has eaten up the guts of his predicted drop. This with at least 2 more interest rate hikes and if inflation does not drop further we could see a hell of a lot more hikes throughout the year

Brickster I have shown you MoM inflation is down by 1% the rate hikes are hitting in already and we will have at least another 2 by the summer. I can see a recession starting at some point between Q3 2003 and Q2 2024. Hopefully they will learn from the FEDs mistake they only went up .25% last time and PPI is increasing again. They need to stick to the .5% for the next couple of increments

Well the way it is if Ireland did not have the Multinationals we would of been in a recession for most of last year. The money coming in from these MNCs is so great it actually dragged the EU as a whole out of a recession and into growth. Now what has been happening over the last 18 months or so ?? There has been a ramping up of tech layoffs this will feed into this country as we are too open and exposed to the global head winds and we will see no where near 20Billion in corpo tax in 2023. So Ireland although everything looks hunky dory as the gurus of spin keep looking and touting our GDP figures but if our tech multinationals continue to see contraction we could be in real bother come 2024/2025

Tech layoffs means nothing. Most of these tech companies produce nothing. Have no product.

Pharma (and med device) is where the big money is.

Google produces content and it has a large part of online advertising market, most websites,blogs, online services rely on google to sell ads ,1000s of people

make their living by making, streaming videos on youtube.com ,theres also youtube tv which is an online tv full scale tv network, with dozens of tv channels

You may as well say rte and and bbc should close down, as they produce nothing every day . theres millions of hours of tv ,video watched by viewers on youtube. its decades since companys were purely judged on the physical goods they make ,most people do not work on farms or make goods in a factory.we are in the post industrial age ,where most media and services are delivered and advertised on the web.transport, food delivery , media . most people do not work in factorys or on farms.

yes alot of companys are letting workers go, as they hired 1000s during the pandemic to provide services to people working from home.

Facebook spent billions on ar/vr software which is a complete flop, people use zoom or other apps to hold online business meetings.

no one wants to put on vr headset just to hold a routine business meeting.

From what I see all seems fine out there at the moment. Plenty of employment. I was out last sat night for a meal (first time since Christmas) and the place was rocking. However I did feel prices were still climbing. Glass of wine and a pint of bear was €15.50. this was a large town 1 hour from Dublin. It all could change quickly I suppose. There is always a boom before a burst i suppose. We all remember that.

There is always a mini boom for pubs and restaurants around the weekends of Valentine's day it could be the weekend before or/and after it. Put it this way will you be back out next weekend paying 15:50 for a pint and a glass of wine?

Around 2% is considered optimal (depending on the economic situation)

Closer to 0% is stagnation and not good, above 2% (depending on situation) is generally not desirable either (especially for e.g. modern European economies)

We'd be poor if we weren't rich.

Minister for the obvious there.