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

i some what disagree there, ive worked for an mnc before, even though many of us were availing of stock ownership, many, and i suspect most, simply werent, as they required their full pay to provide themselves with their needs, including and in particular their property needs. very few employees were gaining stock options, or any other schemes, as a part of their pay, some of course were....

...so this is probably very sector specific when younger employees do gain access to share schemes, and best of luck to them if they do, id highly recommended it....

...id love to get a breakdown of such situations and schemes, but ive no idea if such data exists, i know many working for mnc's, most lower level positions, general op's etc, and i suspect many if not most dont avail of such, for the reasons explained, but we ve no actual data to back anything up....

what sectors do young gradates gain such? i was manufacturing based....

was thinking that alright, i know a coupe in that sector, some jobs really are well paid and well looked after in regards share ownership schemes, its great to see, but many other sectors just arent like that at all....

i suspect most mnc jobs in ireland are in fact semi-skilled, lower end jobs, general op's etc, 30-50k, ive no data to back this claim but, i suspect this is the case, so really share ownership schemes arent actually really an option for probably most of these folks, all speculation of course, but.....

I think it’s more of a sign that interest rates are driving buyers outside of Dublin.

Getting a mortgage now on a house in Dublin would be terrifying with the interest you’d pay.

Thats because China went into recession because of covid, the lockdowns went on long after covid was over in the West. The chinese vaccine didn't work against the later variants of covid. Therefore China didn't get the inflationary expansion that happened in the West after covid so they didn't need to raise interest rates. Also the de globalisation and anti China policy in the west is hurting the Chinese economy now as illustrated by the chinese stock market which is in its 4th year of falls.

Definitely a slow down in the job's market. Good few companies have their recruitment frozen for the last six months, so even when they lose employees they don't seem to employ but reshuffle others from different departments.

I notice on LinkedIn how one job advertised has a lot of applicants applying for the role.

Personally, don't hear much from agents like in the previous years.

We need more people here to fill all these future job roles. Stop the bull talk. Eternal growth. Without the big boys benefit financially from cheap labour growth in a downward market. Oh never

...im in, and being a typical socialist, i ll use others peoples money to!

I am interested to know why do you think that interest rates should be heading down very soon?

...the metrics we use to measure the wellbeing of our economies are now almost irreverent to many, and this is more than likely growing, this is a growing trend in many advanced economies, including ireland, hence why more and more are quickly becoming disillusioned by these metrics, and in particular established political parties that base their analysis and decisions upon these metrics....

...interest rate pressures are starting to kick in, and unfortunately will lead to increasing business failures, particularly after the christmas bump, so 24 is gonna be rocky to say the least....

...there definitely is money in the economy, but this will continue to tighten into 24, so the more this uncertainly grows, the more likely people and businesses will tighten their grip on spending it, and borrowing for that matter....

.....adds to above, the more tightening occurs, the more likely central banks will react, and the more likely they ll start relaxing rates, i.e. decreasing them, but i just cant see them moving back to zero rates, hopefully we ll never see that again, but there is a chance they will start decreasing rates in 24, but probably extremely slowly, we ll see....

So how many crisis have we had to print imagery money up to now. Will there be another to drive inflation higher. Depends on the higher up boyos benefiting from it I suppose. Blood from a turnip comes to mind. Do you have more blood to give? And the phrase being a metaphor for egits.