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Thread: Irish mindset of importing from Britain costing us millions

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    Default Irish mindset of importing from Britain costing us millions

    It is not exclusively Irish, but we do have a habit of speaking about Britain as being one of our largest trading partners, when in reality what that means is that we buy a lot of stuff from them.

    The same mindset went into the gas connector. It seems we designed it to be one way only, and that we can't use it to sell gas to Britain.

    If you didn't laugh, you would cry at the tiny colonised minds of our leaders, both business and political. It seems it may now cost €200 million to correct that piece of colonised thought.

    Bord Gáis Networks considers


    D

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    Quote Originally Posted by DuineEile View Post
    It is not exclusively Irish, but we do have a habit of speaking about Britain as being one of our largest trading partners, when in reality what that means is that we buy a lot of stuff from them.

    The same mindset went into the gas connector. It seems we designed it to be one way only, and that we can't use it to sell gas to Britain.

    If you didn't laugh, you would cry at the tiny colonised minds of our leaders, both business and political. It seems it may now cost €200 million to correct that piece of colonised thought.

    Bord Gáis Networks considers


    D
    Or just a thought but perhaps at the time it was built we hadn't found the gas that would give us the capacity to export to Britain and we saved €200 million by not building a pink elephant?
    "If we can but prevent the government from wasting the labours of the people, under the pretence of taking care of them, they must become happy." - Thomas Jefferson

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    Politics.ie Member gracethepirate's Avatar
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    With all these new oil finds off the Cork coast, is Ireland going to become as wealthy as Norway?
    Brexit comes straight from hell. Everywhere it goes it causes disharmony, turbulence and misery. I think Brexiteers themselves must have some form of mental illness.

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    Politics.ie Member Cruimh's Avatar
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    Quote Originally Posted by DuineEile View Post
    It is not exclusively Irish, but we do have a habit of speaking about Britain as being one of our largest trading partners, when in reality what that means is that we buy a lot of stuff from them.

    The same mindset went into the gas connector. It seems we designed it to be one way only, and that we can't use it to sell gas to Britain.

    If you didn't laugh, you would cry at the tiny colonised minds of our leaders, both business and political. It seems it may now cost €200 million to correct that piece of colonised thought.

    Bord Gáis Networks considers


    D
    What is the position re balance of trade in respect of the UK - have you figures comparing value of exports compared to the value of imports?

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    Politics.ie Member TiredOfBeingTired's Avatar
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    The link below contains 2011 figures.
    We export 10bn to UK and import 14bn
    UK export and import in 2011: top products and trading partners | News | guardian.co.uk
    The figures may be 10 month figures but the basics still apply.
    Sometimes there is very little between historical and hysterical. One passes for the other. In time, the former remains forever, the latter is quickly replaced...

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    Quote Originally Posted by Tea Party Patriot View Post
    Or just a thought but perhaps at the time it was built we hadn't found the gas that would give us the capacity to export to Britain and we saved €200 million by not building a pink elephant?
    No. The Kinsale Head gas field was discovered in 1973, Bord Gais established to exploit it in 1975, and the gas came on stream in 1978.

    The first interconnector with Britain was built in 1993.

    Just more moronic cack-handed blinkered incompetence from the idiot servile gombeenarchy.

    Quote Originally Posted by gracethepirate
    With all these new oil finds off the Cork coast, is Ireland going to become as wealthy as Norway?
    No, because the maFFia - in particular Ray Burke and Bertie Ahern - gave away all the rights to MNCs, and the Irish State will receive the square root of f*** all for any oil and gas extracted from the various fields off the south and west coasts.

    But shure tis a great wee country, bejaysus.

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    Politics.ie Member Cruimh's Avatar
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    Quote Originally Posted by TiredOfBeingTired View Post
    The link below contains 2011 figures.
    We export 10bn to UK and import 14bn
    UK export and import in 2011: top products and trading partners | News | guardian.co.uk
    The figures may be 10 month figures but the basics still apply.
    I think you underestimate the Irish Exports to the UK?

    From 2011

    Last year, Irish exports to Britain amounted to almost €28bn — 23.5% of total Irish exports.
    Irish rise to the top in Britain | Irish Examiner

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    "Trade deficits" mean nothing really.

    The richest country in the world nearly always has a "trade deficit". It's a sign of its success.

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    Quote Originally Posted by Cruimh View Post
    I think you underestimate the Irish Exports to the UK?

    From 2011



    Irish rise to the top in Britain | Irish Examiner
    Can you make any sense out of these export statistics:
    Irish exports top
    The US remained the top market for Irish exports, with Belgium and Britain close behind. But exports of goods to Switzerland increased by €1.4 billion, or 38 per cent, as the US total fell by 16 per cent to €18.2 billion.
    ......eh....I might,eh, stop quoting trade statistics.....
    Sometimes there is very little between historical and hysterical. One passes for the other. In time, the former remains forever, the latter is quickly replaced...

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    Quote Originally Posted by TiredOfBeingTired View Post
    Can you make any sense out of these export statistics
    Yeah most of our exports to central Europe are shipped via the Belgian ports, so that is where they are recorded in the export stats, though most of them are actually being sent on to Germany, Poland etc. Lots of other stuff for the western parts of the continent goes through France.

    The trade ratios don't tend to change much over time IIRC - US & UK in the low 20s, rest of EU about 35%, 15-20% to the rest of the world.

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