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  1. #1
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    Default How the Celtic tiger lost its roar

    Sunday Times 29.03.09

    Mentions Patrick Roccas' suicide, and the slogan at the ad fairs in Warsaw; 'Come to the new Ireland'

    Shall we discuss ???

    and before you all start, we've all been skint, we've all done crap jobs for crap money and we all have famillies to feed, been students, yada yada yada

    Discuss rationally.............


    T
    xxxxxxx

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    For those of us that do not read that paper , what is up for discussion ? I'm more of a sunday world and news of the world man myself , and possibly a weekly sport man too !
    I have no signature at the moment

  3. #3
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    Default Nowt then

    You have the same disposable income now as you had 24 months ago.......

    T
    xxx

  4. #4
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    Quote Originally Posted by Taylor of Manchester View Post
    You have the same disposable income now as you had 24 months ago.......

    T
    xxx
    It's a vicious cycle; I have the same if not more disposable income now than I did last year but with all the recession talk it feels like I have less so I spend less!!
    I don't want to change my car because I would feel it inappropriate considering there are a lot in hardship and I go out less as although I’m ok some of my friends aren't and if I am in this situation so are lots of other people!!
    The mere talk of recession has snowballed making the situation even worse by scaring people into tightening there belts which leads me back to, it's a vicious cycle!!

  5. #5
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    I agree Anon. The media aren't helping by making things seem worse than they actually are. The recessions an excuse for everyone. Even the people that aren't affected think they are.
    Help Keyla in her fight with cancer. Every little helps.
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  6. #6
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    Quote Originally Posted by Taylor of Manchester View Post
    Sunday Times 29.03.09

    Mentions Patrick Roccas' suicide, and the slogan at the ad fairs in Warsaw; 'Come to the new Ireland'

    Shall we discuss ???

    and before you all start, we've all been skint, we've all done crap jobs for crap money and we all have famillies to feed, been students, yada yada yada

    Discuss rationally.............


    T
    xxxxxxx
    I didn't catch the article because I was moving yesterday-normally I would read the Sunday times, l I ike their lifestyle magazine, but I do remember reading a couple of weeks ago, about the suicide of Mr. Rocca, he's the brother of Michelle Rocca, Van Morrison's long-term squezze. It seems their has been a few Irish Tycoons who have taken their lives since demise of the Celtic tiger, but then there were alot of businessmen who jumped out of windows when the Stock Market crushed in 1929, and I do recall hearing about Japanese businessmen doing the seem thing in the late 80's-early 90's when Japan expeniced similar finanacial difficulties. I guess they cannot take the shame of losing it all

    As for Poland being '' the new Ireland'' it was bound to happen. Most Corporations are looking for new emerging markets to sell their goods and services to; Ireland became over-saturated-the 'powers that be' built up Ireland as for as it was useful and helpful to them, almost like seeing a call girl-after awhile, she no-longer does it for you, you've got what you wanted from her
    Last edited by anitasizzle; 30-03-09 at 12:50.

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    That’s the upside to not being ruled by money and being seen to have money that people got caught up in. The boom sailed over my head but so will the recession. Keeping up with the Jones is a dangerous game to play as no one can win in the end if you play to long. I had the piss taken back a few years ago but those that did are now shitting bricks trying to pay for things they never really needed.

  8. #8
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    It's the banks and people that got too greedy. They have themselves to blame for it by living a millionaires lifestyle with money they didn't have.
    Help Keyla in her fight with cancer. Every little helps.
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    Quote Originally Posted by thehighwayman View Post
    It's the banks and people that got too greedy. They have themselves to blame for it by living a millionaires lifestyle with money they didn't have.
    Exactly Highway.

    The amount of times I heard people say “sur its only a few hundred thousand” like it was nothing and these were ordinary enough joes, not big business people by any means. People lost sight of the value of money and also its fickleness. Hard to blame the young generation that became adults when the Celtic moggy was in full swing as they had no real reference point as to what is value for money or in thinking that it would ever end but they are sure paying for that now and will be for the duration of maybe 40, 50 years paying for houses that were never worth what was being charged for them and will never attain an equal price ever again as what happened in the last 15 years was a once off. Things will pick up as they always do but never to the level of madness that ruled for the last decade so this generation is saddled with a huge financial hangover that will far outlast the party and those bankers that literally threw money at people should be sacked.

  10. #10
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    They should be sacked of course. And some jailed. The bonuses some of them got was ridiculous.
    Help Keyla in her fight with cancer. Every little helps.
    It could happen to any of us.
    https://gofund.me/8e340537

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