The recession

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mikeinie
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The recession

Post by mikeinie »

I don’t know about your own areas, but here in Ireland the recession is still growing and the impact is being more and more noticed.

The number of people that I know now who are starting to struggle is frightening, I even know of one man who own his own business, and employs people, who has moved back in with his mother, and has rented out his house as he now needs the rental income to help keep paying the salaries of his employees that he does not want to let go.

Many people I know have either lost their jobs or are one verge of losing their jobs or businesses.

Ireland is in trouble, it is borrowing from the European Central Bank €500 million per week, just to cover basic costs.

Then the unions are saying no cuts to jobs or salaries and the social services are saying no cut to welfare or child benefits. No one wants to take any cuts.

Taxes have already gone up significantly and they may be raising them even more, they are telling us that times are hard and we are in trouble, and normally I would agree.

Yes, I would normally say, when times are tough everyone’s responsibility is to kick in and contribute, but this time around when bankers are being bailed out and continue to pay themselves bonuses, when investors are writing off their bad depts.

No one has been charged for any of the corruption here, no one is being held accountable in this government or country, and we the public are being asked to pay the price.

This country is so so screwed. It is breaking my heart.
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buttercup
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Post by buttercup »

So many small local shops closing here, Tesco is taking over.
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flopstock
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Post by flopstock »

They say it's bottoming out. I just know that after a year, my sister finally got a job and we are starting to slowly spend money here. I have no more old equipment left to piece together to get us by.:eek:



We just went through a one month teachers strike because they didn't think they should have to contribute to their health insurance costs...



:thinking:

Idiots
I expressly forbid the use of any of my posts anywhere outside of FG (with the exception of the incredibly witty 'get a room already' )posted recently.

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flopstock
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Post by flopstock »

buttercup;1261349 wrote: So many small local shops closing here, Tesco is taking over.


They must be your Walmart.

We've actually had folks starting up small businesses here in my community. I think that when you feel you haven't much left to lose, you either give up or you determine to go for it.
I expressly forbid the use of any of my posts anywhere outside of FG (with the exception of the incredibly witty 'get a room already' )posted recently.

Folks who'd like to copy my intellectual work should expect to pay me for it.:-6

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Odie
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Post by Odie »

Its the same here Mike, thousands are without jobs, companies have locked their doors, shops are going out of business as well.

The only thing shops are looking forward to hopefully, is a good Christmas season, but that's just one months worth..... come January?



what's going up?

T.T.C tickets

water

hydro

cable/phone/internet

garbage collection

property taxes...yup......good ol City of Toronto is every year!:mad:
Life is just to short for drama.
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cars
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Post by cars »

Here in the USA, things are still so bad, that the govt has had to extend the current "unemployment benefits" to those laid off workers who still can't find a job!
Cars :)
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Odie
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Post by Odie »

cars;1261392 wrote: Here in the USA, things are still so bad, that the govt has had to extend the current "unemployment benefits" to those laid off workers who still can't find a job!


they refuse to do that here, 10 months and that's it.:-5:-5
Life is just to short for drama.
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flopstock
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Post by flopstock »

didn't some south american countries go bankrupt a few years ago and cancel all of their foreign debt?



what ever happened with that? maybe ireland could do something similar.



if I were smarter, i'd do it and just start fresh like all the companies do..:thinking:
I expressly forbid the use of any of my posts anywhere outside of FG (with the exception of the incredibly witty 'get a room already' )posted recently.

Folks who'd like to copy my intellectual work should expect to pay me for it.:-6

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Raven
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Post by Raven »

flopstock;1261362 wrote: They say it's bottoming out. I just know that after a year, my sister finally got a job and we are starting to slowly spend money here. I have no more old equipment left to piece together to get us by.:eek:



We just went through a one month teachers strike because they didn't think they should have to contribute to their health insurance costs...



:thinking:

Idiots
Yeah we just had the same here again. London bus drivers for cryin out loud, make around £39,000 a year! And they had the steel ball$ to go on strike over PAY! A nurse only makes an average of £29,000! And dont get me started on the tube guys, BA and the Royal joke, erm mail!
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FUBAR
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Post by FUBAR »

Why moan about what someone else makes, if it bothers you that much get a job as a bus driver. There are loads of companies out there using the economy as an excuse to lower or freeze wages just to keep profit levels high. If things are that bad they should expect lower profits not have their staff pay to keep them up. Any company that is still making money even if it is less has no reason to lower pay, they certainly don't raise it willingly when things are going well do they........:mad::mad:
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Raven
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Post by Raven »

FUBAR;1261541 wrote: Why moan about what someone else makes, if it bothers you that much get a job as a bus driver. There are loads of companies out there using the economy as an excuse to lower or freeze wages just to keep profit levels high. If things are that bad they should expect lower profits not have their staff pay to keep them up. Any company that is still making money even if it is less has no reason to lower pay, they certainly don't raise it willingly when things are going well do they........:mad::mad:
Who is moaning? Sounds like you are a bus driver. Greed is all it is.
~Quoth the Raven, Nevermore!~
mikeinie
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Post by mikeinie »

Raven;1261546 wrote: Who is moaning? Sounds like you are a bus driver. Greed is all it is.


I agree, things are hard for everyone these days. With deflation the cost of living is actually coming down, so I don’t think there is any sympathy for anyone who goes on strike looking for more money.
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Raven
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Post by Raven »

Exactly. People should be grateful for having jobs actually. What ever happened to terms like loyalty and ethics? This attitude of everyone out for themselves makes me want to vomit. Consumerism is bull, capitolism is destroying every thing that WAS good in a human being. Greed and avarice makes for an ugliness that no amount of plastic surgery can fix. :thinking:
~Quoth the Raven, Nevermore!~
FUBAR
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Post by FUBAR »

Raven;1261546 wrote: Who is moaning? Sounds like you are a bus driver. Greed is all it is.


Nope not a bus driver, I make more than that. How come people who make more than you are greedy, do you give your pay to people who make less than you? It is really amazing how when someone makes more than themselves they are greedy while if you make more than others thats OK. It is a fact that some jobs pay more, so what? And what loyalty or ethics? Do you mean to a company or organization that will make people redundant just to keep profits high? Loyalty works both ways not just up. Just because people are working why should they feel grateful, should we all quit and be poor to show solidarity with those without jobs, should we all live on the poverty line so we can all be equal but at the bottom of the pile? Sorry but I have a job and I don't feel guilty or grateful at all, I work to look after my family and thats it, and when my company makes a profit I expect to share in it by getting a pay rise not by helping them make even more profit while I slowly sink into poverty making the same wages for years..
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Galbally
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The recession

Post by Galbally »

Hello all, sorry I have been away for a long time, very busy at my work (which these days is apparently nothing to complain about). As milkennie said, the recession in Ireland is particularly bad, we had a ridiculous property boom, crazy banks, and a pretty awful government (we still do). The upshot is that we were heading for trouble anyway, but the credit crunch has exacerbated what was going to be a bad situation into an economic collapse.

My own thoughts are that what is happening is the inevitable result of living on credit, and stoking up a property bubble to the point where a 3-bedroom house in Dublin cost more than a small French Chateaux (that's not hyperbole by the way). How any of these financial geniuses thought they could perpetuate this nonsense is a question I haven't heard answered yet.

What is clear to me is that unless we change the way we live, and our material expectations as individuals then the coming years are going to be very unhappy ones indeed. I will try to post a bit more, I have fallen out of the habit being so busy but I miss being on here, hope all are well!
"We are never so happy, never so unhappy, as we imagine"



Le Rochefoucauld.



"A smack in the face settles all arguments, then you can move on kid."



My dad 1986.
Clodhopper
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The recession

Post by Clodhopper »

I can't make out how bad things are here. But it's a choice between "really bad" and "appalling" as far as I can see at present. And I have no faith in Cameron and his crew putting things right (Ok Cameron seems alright on a personal level, but I do rather shudder at the thought of him as PM).

Galbally: Hello again. Lots has happened on these boards, most of which I've completely failed to notice. :wah:

Looks like Copenhagen has crashed and burned before it even got off the ground. Mostly because climate change is merely an irritant as far as corporate America is concerned, and since corporate America owns Congress Obama can't take anything substantive to the conference.
The crowd: "Yes! We are all individuals!"

Lone voice: "I'm not."
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Galbally
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Post by Galbally »

Clodhopper;1262391 wrote: I can't make out how bad things are here. But it's a choice between "really bad" and "appalling" as far as I can see at present. And I have no faith in Cameron and his crew putting things right (Ok Cameron seems alright on a personal level, but I do rather shudder at the thought of him as PM).

Galbally: Hello again. Lots has happened on these boards, most of which I've completely failed to notice. :wah:

Looks like Copenhagen has crashed and burned before it even got off the ground. Mostly because climate change is merely an irritant as far as corporate America is concerned, and since corporate America owns Congress Obama can't take anything substantive to the conference.


Hello Clodhopper me lad! Yep, I am sure I missed loads, I will have to try and update myself as to what the hell is going on in here. I can't really comment on the UK at the moment as I am not getting much time to look at what's going on in Ireland, let alone anywhere else, but I think the problems we have are fairly similar to yours, though we are a much smaller country and more exposed I think.

As for Cameron and the Tories, well I guess its inevitable that they will win the next election, what happens after that is the real issue I suppose.

My main concern would be the whole Europe thing, it seems to me that this EU debate in Britain is becomming more and more hysterical and almost unhinged, a lot of British people want to leave the EU and consider it somethnig akin to Nazi Germany or the USSR, and thats saddening, but perhaps given the toxicity of that relationship maybe it would be for the best if Britain did leave and tried to go it alone and be done with it, I dunno really.

Yeah Copenhagen, it's incredibly depressing, but I am more or less resigned to the fact that nothing it going to happen of any substantive nature, at any time soon; its all turned into a poltical debate between reactionaries and liberals, the science has been completely undermined, scientists are generally pretty disilusioned at this point, as there is little point in breaking your back to get the science done, only to have it ignored because of some politcal or commercial agenda, but that's how the world works, and the people who control events seem to determined to pursue this course we are on, so be it, but god help us.

Anyway, I better get back to work, talk to you soon.
"We are never so happy, never so unhappy, as we imagine"



Le Rochefoucauld.



"A smack in the face settles all arguments, then you can move on kid."



My dad 1986.
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CARLA
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Post by CARLA »

Dr. G welcome back we missed you. :-6
ALOHA!!

MOTTO TO LIVE BY:

"Life should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways, chocolate in one hand, champagne in the other, body thoroughly used up, totally worn out and screaming.

WOO HOO!!, what a ride!!!"

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minks
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Post by minks »

Odie;1261365 wrote: Its the same here Mike, thousands are without jobs, companies have locked their doors, shops are going out of business as well.

The only thing shops are looking forward to hopefully, is a good Christmas season, but that's just one months worth..... come January?



what's going up?

T.T.C tickets

water

hydro

cable/phone/internet

garbage collection

property taxes...yup......good ol City of Toronto is every year!:mad:


god amighty here to girl, we just received word to expect a 6% increase in the new year, that is fabo considering the salary cuts and job losses... just bull if you ask me.

Yes things here are rocky too, wow holy hell it's been years since I saw so few help wanted ads and signs in old Cowtown... many more houses for sale, many which are empty makes me wonder where the owners were forced to go to?

Yes shop closures, crikey Banff has many shops closed that is the tourist hub of the west... darn sad sign.
�You only live once, but if you do it right, once is enough.�

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Galbally
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Post by Galbally »

CARLA;1262441 wrote: Dr. G welcome back we missed you. :-6


Aw shucks. :rolleyes:
"We are never so happy, never so unhappy, as we imagine"



Le Rochefoucauld.



"A smack in the face settles all arguments, then you can move on kid."



My dad 1986.
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AussiePam
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Post by AussiePam »

I'm very glad to see you back here too, Galbers. Good stuff in here's been a bit thin on the ground lately! Inspite of the best efforts I hasten to add of all the posters in this thread. And one or two others. Maybe intelligent life has just somehow given up and gone away somewhere to curl up and die. Who could blame it?!

On the recession - we're pretty lucky in Australia. Things aren't really bad here. My younger daughter took a while to find work but after a few fill in temporary things she has found a good job. My son - who has an English passport and had lived in the UK for a number of years lost his job in London, along with his whole TV section... searched for 6 months in vain. Not a nibble. He returned to Australia finally, and found a suitable job in his industry in two weeks. We feel very fortunate indeed.
"Life is too short to ski with ugly men"

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Galbally
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Post by Galbally »

AussiePam;1262544 wrote: I'm very glad to see you back here too, Galbers. Good stuff in here's been a bit thin on the ground lately! Inspite of the best efforts I hasten to add of all the posters in this thread. And one or two others. Maybe intelligent life has just somehow given up and gone away somewhere to curl up and die. Who could blame it?!

On the recession - we're pretty lucky in Australia. Things aren't really bad here. My younger daughter took a while to find work but after a few fill in temporary things she has found a good job. My son - who has an English passport and had lived in the UK for a number of years lost his job in London, along with his whole TV section... searched for 6 months in vain. Not a nibble. He returned to Australia finally, and found a suitable job in his industry in two weeks. We feel very fortunate indeed.


Aye, Australia is doing a lot better than Europe or the US, I have a couple of friends who have already emigrated to Oz to look for work, just like their dads and grandads had to do, its back to the future again. :-1
"We are never so happy, never so unhappy, as we imagine"



Le Rochefoucauld.



"A smack in the face settles all arguments, then you can move on kid."



My dad 1986.
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