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Thread: Tiger hibernating in Ireland ready to wake up ?

  1. #1
    Politics.ie Member jo9jo's Avatar
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    Default Tiger hibernating in Ireland ready to wake up ?

    The German news magazing 'Der Spiegel' have an interesting article concerning Ireland's recovery from the debt crisis and how the austerity measures have been sucessful in getting us on the road to recovery.

    Google Translate

    Spiegel asks the question if Ireland has done everything correctly in dealing with the crisis and answers the question in the article.

    What do you think ?

    Do you agree with the article that we have indeed turned the corner ?

    Will the recession be over in 2013 ?

    The article examine the Irish peoples willingness to accept the decisions of the current government as the crisis was not brought upon by the current government.

    Is this the reason we are so placid ?

    Are we eternal optimists ?

    Why are we so different to the Greeks, Portuguese, et al in dealing with the crisis ?

  2. #2
    Politics.ie Member seabhcan's Avatar
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    If the world economy ever picks up, we'll be back. But we would have been anyway even if we hadn't done anything.

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    Quote Originally Posted by jo9jo View Post
    The German news magazing 'Der Spiegel' have an interesting article concerning Ireland's recovery from the debt crisis and how the austerity measures have been sucessful in getting us on the road to recovery.

    Google Translate

    Spiegel asks the question if Ireland has done everything correctly in dealing with the crisis and answers the question in the article.

    What do you think ?

    Do you agree with the article that we have indeed turned the corner ?

    Will the recession be over in 2013 ?

    The article examine the Irish peoples willingness to accept the decisions of the current government as the crisis was not brought upon by the current government.

    Is this the reason we are so placid ?

    Are we eternal optimists ?

    Why are we so different to the Greeks, Portuguese, et al in dealing with the crisis ?

    Brian O'Donnell concludes that the Irish economy is in some ways worse than in Greece. He should know since he helped most sterlingly to wreck the place.

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    Politics.ie Member Partizan's Avatar
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    Quote Originally Posted by jo9jo View Post
    the german news magazing 'der spiegel' have an interesting article concerning ireland's recovery from the debt crisis and how the austerity measures have been sucessful in getting us on the road to recovery.

    google translate

    spiegel asks the question if ireland has done everything correctly in dealing with the crisis and answers the question in the article.

    What do you think ?

    Do you agree with the article that we have indeed turned the corner ?

    Will the recession be over in 2013 ?

    The article examine the irish peoples willingness to accept the decisions of the current government as the crisis was not brought upon by the current government.

    Is this the reason we are so placid ?

    Are we eternal optimists ?

    Why are we so different to the greeks, portuguese, et al in dealing with the crisis ?
    s-p-i-n.

  5. #5
    Politics.ie Member jo9jo's Avatar
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    Quote Originally Posted by Partizan View Post
    s-p-i-n.
    Could you please elaborate ?

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    Ireland has turned the corner???

    Yeah, sure it has

    Meanwhile, in Munich, they've had to resort to stacking unwanted Beemer's on top of each other,

    Look closer to home boyos,

    Newspapers are funny

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    I had a chat with a few business people recently, all walks, and everyone of them held the same view.

    One lad, in contruction, has work up to Oct 2013, from doing absolutely nothing this time last year.

    Dunno if its the end of the recession, but there is optimism for some reason.

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    Americans are returning to helocs and junk debt issuance is back to 2007 levels. Be grand. Next time round the Bernank will be firing blanks.
    Last edited by cimon9999; 1st December 2012 at 05:26 PM.

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    Politics.ie Member Cabbage/Turnip's Avatar
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    Still don't see it i am still worried bout my job as are many others job security still does not exist until it does people won't spend.

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    Quote Originally Posted by jo9jo View Post
    Could you please elaborate ?
    I think Partizan is suggesting that there's an element of wishful thinking combined with a self-serving need.

    Germany needs to persuade those here and elsewhere, who have been busy protecting German financial institutions, that they are doing a great job.

    Here's the spin: it'll all turn out fine quite soon, so long as we keep enduring the pain caused by having protected Germany's financial institutions in the first instance. The message from Germany is: keep up the good work lads and lassies.

    That the article represents mere spin seems a little more plausible than does a return to the wonderful Celtic Tiger.

    Doesn't it?

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