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Thread: Timeline of Ireland`s destruction/recovery ?

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    Default Timeline of Ireland`s destruction/recovery ?

    So we now know the country is well in over its head with debt, what kind of timeline can we expect for Ireland`s destruction or recovery?

    No doubt many will claim (FF lackys) this is this the positive news we have needed, so I ask them what kind of timeline do the see for Ireland`s recovery.

    As for the more sensible people on these forums what kind of timeline do they expect to see Ireland`s total destruction?

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    Politics.ie Member Rural's Avatar
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    Destruction IMHO - Not too many months after the Budget.

    If people have no money to spend - business will go bust - more on the dole.

    Very worrying

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    Politics.ie Member Future's Avatar
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    One thing Enda Kenny did say that was right is that it will take 10 years to recover from this crisis.

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    Quote Originally Posted by Future View Post
    One thing Enda Kenny did say that was right is that it will take 10 years to recover from this crisis.
    If it will take 10 years then why are we being forced to do it in 4?

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    Politics.ie Member Franzoni's Avatar
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    Well as for meltdown we could see that in the middle of next year if FF think they can ignore the bond markets until then and then try going back cap in hand...

    As for recovery...20 years if were lucky but we will be paying still even after any recovery,as someone else pointed out Germany have only finished paying off their WWI war debts and that took nearly 100 years....

    Unless of couse we discover a 'north sea' somewhere around our coastline..but FF would probably manage to f**k that up as well...

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    Politics.ie Member Future's Avatar
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    Quote Originally Posted by myrak View Post
    If it will take 10 years then why are we being forced to do it in 4?
    4 years is to get our budget deficit within the limits allowed by the eurozone rules.

    10 years for us to return to better living standards and near full employment although I don't think its possible for us to return to the low levels of unemployment achieved at the height of the boom.

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    Politics.ie Member neiphin's Avatar
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    Quote Originally Posted by Franzoni View Post

    Unless of couse we discover a 'north sea' somewhere around our coastline..but FF would probably manage to f**k that up as well...
    we did , and ff sold it to shell
    the state will never see a penny from the gas off mayo
    "If we VOTE YES there will be no more austere budgets. Fact " Hammer, mayday 12'

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    There will be no recovery. That requires politicial will to generate an economy with actual exports. We never developed that, and policies of the government have now ensured it will never develop either with manufacturing or resources. We are the periphery like Lithuania.

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    Politics.ie Member roc_'s Avatar
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    There will be no recovery until the social and political factors that brought us to this level of debt during the boom, and continues to bring us in the same direction (in terms of debt AND mindless consumerism, rent-seeking, cynical profit-seeking, reducing workers to mere 'cogs in the machine', dynasty politics and sense of entitlement etc) are resolved.

    So, if you're doing a timeline, first plot how long it will take to resolve these social and political factors, And then plot how long it will take us to build some prosperity from there.
    Last edited by roc_; 30th September 2010 at 08:13 PM.
    “Words are animals, alive with a will of their own”.

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    On radio...just today....a gent from Jersey U.S.A. asked why a 'company' basket-case like Anglo was bailed out....and "asked".... were some Dail members benefitting from any bail-out?....because he couldn't see any other 'logical' reason for the govts. madness!! He wasn't allowed to develop the point...needless to say! Was he or was he not 'voicing' many peoples thoughts?

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