Irelands Future?................ (46)

Nov 23, 2010 3:14 PM CST Irelands Future?................
blarneykite
blarneykiteblarneykiteSomewhere, Carlow Ireland31 Threads 3,901 Posts
snowpatrol: Well as a business person with almost 30 years under my belt I can tell you that the banks WONT be making loans available for small business, not in the short to medium term.
Credit to small business is definitely required, thats a taken cert, but it wont happen. Small business is the heart and soul and the major employers in this country and until they get going it will be very difficult for the country to come alive again.
I am glad to see people recognising that busisnessmen are required, the perception of wealth may be a reason for many to hate them, but you generally wont find the real business people flaunting their wealth.... yes the wannabee developers in the last decade in their flashy bling cars, sharp suits and an attitude of destain towards everyone, they did flash the cash they had BORROWED, but they are gone and good riddance to them, they never were busisnessmen in any shape or form, but the true entrepreneurs knew that in any case. The country will be better without them, never in our lifetime will credit be so easily dished out, and that is also good news.

So where do I see Ireland, slightly different to most here.
The IMF/ECB/UK have injected 70 billion into Ireland....... well folks 70 billion wont even begin to fill the hole !.... a multiple of 4 or 5 times that will be required !
So where does that leave us? Without question Ireland WILL DEFAULT in its debt repayment, not this year or probably not in 2011, but it will default..... certain of it.
10 years is a time frame that may see Ireland begin to build slight credibility on the financial markets again, but there will be a two tier Europe with regards to finance and we will be firmly fixed to the bottom tier.
We have 2 million people paying tax in some shape or form, that will decrease massively, small business VAT take will deplete, corporation tax will increase leading to companies relocating to another base worldwide, the future is not good.

It can be cured,
dissolve the Sheanead, dissolve FAS, dissolve the IDA, dissolve the army,dissolve the HSE, dissolve public sector by 60/70%, massive restructure of welfare and get this country back to work.....
But guess what, none has the stomach to do it, so we will paddle on with half an a paddle and a hole in the bottom of our boat.... but by that time all our educated and entrepreneurial young minds will be off to somewhere where they are valued.
Dire prediction?... I'm afraid it's where I see it.


I feel it will happen as the State now owns all the Banks or has a majority stake holding in all of them.. Therefore the state sets the banking policy.. not the bankers... The very ones that screwed us in the first place
Nov 23, 2010 3:15 PM CST Irelands Future?................
1FieryRedHead
1FieryRedHead1FieryRedHeadWestmeath, Ireland37 Threads 1 Polls 949 Posts
snowpatrol: Well as a business person with almost 30 years under my belt I can tell you that the banks WONT be making loans available for small business, not in the short to medium term.
Credit to small business is definitely required, thats a taken cert, but it wont happen. Small business is the heart and soul and the major employers in this country and until they get going it will be very difficult for the country to come alive again.
I am glad to see people recognising that busisnessmen are required, the perception of wealth may be a reason for many to hate them, but you generally wont find the real business people flaunting their wealth.... yes the wannabee developers in the last decade in their flashy bling cars, sharp suits and an attitude of destain towards everyone, they did flash the cash they had BORROWED, but they are gone and good riddance to them, they never were busisnessmen in any shape or form, but the true entrepreneurs knew that in any case. The country will be better without them, never in our lifetime will credit be so easily dished out, and that is also good news.

So where do I see Ireland, slightly different to most here.
The IMF/ECB/UK have injected 70 billion into Ireland....... well folks 70 billion wont even begin to fill the hole !.... a multiple of 4 or 5 times that will be required !
So where does that leave us? Without question Ireland WILL DEFAULT in its debt repayment, not this year or probably not in 2011, but it will default..... certain of it.
10 years is a time frame that may see Ireland begin to build slight credibility on the financial markets again, but there will be a two tier Europe with regards to finance and we will be firmly fixed to the bottom tier.
We have 2 million people paying tax in some shape or form, that will decrease massively, small business VAT take will deplete, corporation tax will increase leading to companies relocating to another base worldwide, the future is not good.

It can be cured,
dissolve the Sheanead, dissolve FAS, dissolve the IDA, dissolve the army,dissolve the HSE, dissolve public sector by 60/70%, massive restructure of welfare and get this country back to work.....
But guess what, none has the stomach to do it, so we will paddle on with half an a paddle and a hole in the bottom of our boat.... but by that time all our educated and entrepreneurial young minds will be off to somewhere where they are valued.
Dire prediction?... I'm afraid it's where I see it.


frustrated
Nov 23, 2010 3:17 PM CST Irelands Future?................
snowpatrol
snowpatrolsnowpatrolThe North West, Donegal Ireland18 Threads 2 Polls 261 Posts
blarneykite: I feel it will happen as the State now owns all the Banks or has a majority stake holding in all of them.. Therefore the state sets the banking policy.. not the bankers... The very ones that screwed us in the first place

No, not at all.
All fiscal decisions and their terms of lending will be dictated by the Germans, and they dont give a toss about Ireland.... may make the noises saying they do..... they dont.
Germany is on record of saying it attempted to take over Europe twice in the 20th century, they said they failed, but they stated in the same breath that they wont fail on the 3rd attempt and they wont fire a single shot.
The Germans seem to have a nasty of habit of being right in what they say.
Nov 23, 2010 3:20 PM CST Irelands Future?................
blarneykite
blarneykiteblarneykiteSomewhere, Carlow Ireland31 Threads 3,901 Posts
snowpatrol: No, not at all.
All fiscal decisions and their terms of lending will be dictated by the Germans, and they dont give a toss about Ireland.... may make the noises saying they do..... they dont.
Germany is on record of saying it attempted to take over Europe twice in the 20th century, they said they failed, but they stated in the same breath that they wont fail on the 3rd attempt and they wont fire a single shot.
The Germans seem to have a nasty of habit of being right in what they say.


We'll agree to disagree, although I hope my prediction are correct as yours don't auger well at allhandshake
Nov 23, 2010 3:21 PM CST Irelands Future?................
10FegsandaPint
10FegsandaPint10FegsandaPintForkill, Armagh Ireland188 Posts
snowpatrol: Well as a business person with almost 30 years under my belt I can tell you that the banks WONT be making loans available for small business, not in the short to medium term.
Credit to small business is definitely required, thats a taken cert, but it wont happen. Small business is the heart and soul and the major employers in this country and until they get going it will be very difficult for the country to come alive again.
I am glad to see people recognising that busisnessmen are required, the perception of wealth may be a reason for many to hate them, but you generally wont find the real business people flaunting their wealth.... yes the wannabee developers in the last decade in their flashy bling cars, sharp suits and an attitude of destain towards everyone, they did flash the cash they had BORROWED, but they are gone and good riddance to them, they never were busisnessmen in any shape or form, but the true entrepreneurs knew that in any case. The country will be better without them, never in our lifetime will credit be so easily dished out, and that is also good news.

So where do I see Ireland, slightly different to most here.
The IMF/ECB/UK have injected 70 billion into Ireland....... well folks 70 billion wont even begin to fill the hole !.... a multiple of 4 or 5 times that will be required !
So where does that leave us? Without question Ireland WILL DEFAULT in its debt repayment, not this year or probably not in 2011, but it will default..... certain of it.
10 years is a time frame that may see Ireland begin to build slight credibility on the financial markets again, but there will be a two tier Europe with regards to finance and we will be firmly fixed to the bottom tier.
We have 2 million people paying tax in some shape or form, that will decrease massively, small business VAT take will deplete, corporation tax will increase leading to companies relocating to another base worldwide, the future is not good.

It can be cured,
dissolve the Sheanead, dissolve FAS, dissolve the IDA, dissolve the army,dissolve the HSE, dissolve public sector by 60/70%, massive restructure of welfare and get this country back to work.....
But guess what, none has the stomach to do it, so we will paddle on with half an a paddle and a hole in the bottom of our boat.... but by that time all our educated and entrepreneurial young minds will be off to somewhere where they are valued.
Dire prediction?... I'm afraid it's where I see it.


i don`t care as long as I can have a few drinks and chase women,
sure this recession isn`t going to drive the women away is it?
and i don`t think drink will ever be in shortage hereireland
Nov 23, 2010 3:31 PM CST Irelands Future?................
snowpatrol
snowpatrolsnowpatrolThe North West, Donegal Ireland18 Threads 2 Polls 261 Posts
10FegsandaPint: i don`t care as long as I can have a few drinks and chase women,
sure this recession isn`t going to drive the women away is it?
and i don`t think drink will ever be in shortage here

Good plan roll eyes
Nov 23, 2010 3:42 PM CST Irelands Future?................
snowpatrol: No, not at all.
All fiscal decisions and their terms of lending will be dictated by the Germans, and they dont give a toss about Ireland.... may make the noises saying they do..... they dont.
Germany is on record of saying it attempted to take over Europe twice in the 20th century, they said they failed, but they stated in the same breath that they wont fail on the 3rd attempt and they wont fire a single shot.
The Germans seem to have a nasty of habit of being right in what they say.


With a wry smile and my heart full of wishing to oppose - I know you are right.
Germany have quietly - simply because no one would look and listen; just see and try mimic the giant pension reserves and savings - without understanding the reasons behind it - gained total EU control, through good fiscal policy and quiet determination - by which I mean, they are a nation of steadfast planners and savers. Past experience taught them that.
Nov 23, 2010 3:53 PM CST Irelands Future?................
snowpatrol
snowpatrolsnowpatrolThe North West, Donegal Ireland18 Threads 2 Polls 261 Posts
sally101: With a wry smile and my heart full of wishing to oppose - I know you are right.
Germany have quietly - simply because no one would look and listen; just see and try mimic the giant pension reserves and savings - without understanding the reasons behind it - gained total EU control, through good fiscal policy and quiet determination - by which I mean, they are a nation of steadfast planners and savers. Past experience taught them that.

Sad, ain't it?
A well, bring it on now... to hell with it !
Anyway.... any craic tonight?
Nov 23, 2010 3:56 PM CST Irelands Future?................
10FegsandaPint
10FegsandaPint10FegsandaPintForkill, Armagh Ireland188 Posts
snowpatrol: Good plan


what do you want to have a plan for anyway?
I`m here for a good time, I could be knocked over and killed by a bus tomorrow and any plans I had would be obsolete
Nov 23, 2010 5:32 PM CST Irelands Future?................
Partiro
PartiroPartiroNaas, Kildare Ireland14 Threads 4,515 Posts
snowpatrol: Well as a business person with almost 30 years under my belt I can tell you that the banks WONT be making loans available for small business, not in the short to medium term.
Credit to small business is definitely required, thats a taken cert, but it wont happen. Small business is the heart and soul and the major employers in this country and until they get going it will be very difficult for the country to come alive again.
I am glad to see people recognising that busisnessmen are required, the perception of wealth may be a reason for many to hate them, but you generally wont find the real business people flaunting their wealth.... yes the wannabee developers in the last decade in their flashy bling cars, sharp suits and an attitude of destain towards everyone, they did flash the cash they had BORROWED, but they are gone and good riddance to them, they never were busisnessmen in any shape or form, but the true entrepreneurs knew that in any case. The country will be better without them, never in our lifetime will credit be so easily dished out, and that is also good news.

So where do I see Ireland, slightly different to most here.
The IMF/ECB/UK have injected 70 billion into Ireland....... well folks 70 billion wont even begin to fill the hole !.... a multiple of 4 or 5 times that will be required !
So where does that leave us? Without question Ireland WILL DEFAULT in its debt repayment, not this year or probably not in 2011, but it will default..... certain of it.
10 years is a time frame that may see Ireland begin to build slight credibility on the financial markets again, but there will be a two tier Europe with regards to finance and we will be firmly fixed to the bottom tier.
We have 2 million people paying tax in some shape or form, that will decrease massively, small business VAT take will deplete, corporation tax will increase leading to companies relocating to another base worldwide, the future is not good.

It can be cured,
dissolve the Sheanead, dissolve FAS, dissolve the IDA, dissolve the army,dissolve the HSE, dissolve public sector by 60/70%, massive restructure of welfare and get this country back to work.....
But guess what, none has the stomach to do it, so we will paddle on with half an a paddle and a hole in the bottom of our boat.... but by that time all our educated and entrepreneurial young minds will be off to somewhere where they are valued.
Dire prediction?... I'm afraid it's where I see it.
doh doh doh dunno dunno dunno confused confused
Nov 23, 2010 5:39 PM CST Irelands Future?................
martini100
martini100martini100wexford, Wexford Ireland19 Threads 2,158 Posts
10FegsandaPint: what do you want to have a plan for anyway?
I`m here for a good time, I could be knocked over and killed by a bus tomorrow and any plans I had would be obsolete




thumbs up applause
Nov 23, 2010 5:43 PM CST Irelands Future?................
Godsgift
GodsgiftGodsgiftEnnis, Clare Ireland251 Threads 13 Polls 10,040 Posts
Well, I'm watching Vincent Browne. We are going to owe €343 billion + interest! We have no chance of paying this.


If we refuse the ECB terms they will have to take some of the hit as will the senior bond holders or watch Europe implode!conversing
Nov 23, 2010 5:49 PM CST Irelands Future?................
Maybe everyone will turn a blind eye while someone lobs a few shells at us ... and then shout; man the lifeboats as they watch us sink like Atlantis ...
Nov 23, 2010 6:45 PM CST Irelands Future?................
whiteontop
whiteontopwhiteontopBelfast, Armagh Ireland16 Threads 1,389 Posts
sally101: With a wry smile and my heart full of wishing to oppose - I know you are right.
Germany have quietly - simply because no one would look and listen; just see and try mimic the giant pension reserves and savings - without understanding the reasons behind it - gained total EU control, through good fiscal policy and quiet determination - by which I mean, they are a nation of steadfast planners and savers. Past experience taught them that.



Well said.bouquet
Nov 23, 2010 6:47 PM CST Irelands Future?................
whiteontop
whiteontopwhiteontopBelfast, Armagh Ireland16 Threads 1,389 Posts
Godsgift: Well, I'm watching Vincent Browne. We are going to owe €343 billion + interest! We have no chance of paying this.If we refuse the ECB terms they will have to take some of the hit as will the senior bond holders or watch Europe implode!


Germany will not implode.
Nov 23, 2010 7:04 PM CST Irelands Future?................
Neenaw
NeenawNeenawcork, Cork Ireland51 Threads 3 Polls 3,888 Posts
i love my country
Nov 23, 2010 7:08 PM CST Irelands Future?................
john2
john2john2Bray, Wicklow Ireland94 Threads 7 Polls 2,353 Posts
its only a matter of time the euro will die,
Nov 23, 2010 7:10 PM CST Irelands Future?................
Neenaw
NeenawNeenawcork, Cork Ireland51 Threads 3 Polls 3,888 Posts
john2: its only a matter of time the euro will die,


will there be grub at the funeral, cause i am fning starvin
Nov 23, 2010 7:13 PM CST Irelands Future?................
john2
john2john2Bray, Wicklow Ireland94 Threads 7 Polls 2,353 Posts
no just leftovers sorry.back to growing our own food i think
Nov 23, 2010 7:41 PM CST Irelands Future?................
snowpatrol: Well as a business person with almost 30 years under my belt I can tell you that the banks WONT be making loans available for small business, not in the short to medium term.
Credit to small business is definitely required, thats a taken cert, but it wont happen. Small business is the heart and soul and the major employers in this country and until they get going it will be very difficult for the country to come alive again.
I am glad to see people recognising that busisnessmen are required, the perception of wealth may be a reason for many to hate them, but you generally wont find the real business people flaunting their wealth.... yes the wannabee developers in the last decade in their flashy bling cars, sharp suits and an attitude of destain towards everyone, they did flash the cash they had BORROWED, but they are gone and good riddance to them, they never were busisnessmen in any shape or form, but the true entrepreneurs knew that in any case. The country will be better without them, never in our lifetime will credit be so easily dished out, and that is also good news.

So where do I see Ireland, slightly different to most here.
The IMF/ECB/UK have injected 70 billion into Ireland....... well folks 70 billion wont even begin to fill the hole !.... a multiple of 4 or 5 times that will be required !
So where does that leave us? Without question Ireland WILL DEFAULT in its debt repayment, not this year or probably not in 2011, but it will default..... certain of it.
10 years is a time frame that may see Ireland begin to build slight credibility on the financial markets again, but there will be a two tier Europe with regards to finance and we will be firmly fixed to the bottom tier.
We have 2 million people paying tax in some shape or form, that will decrease massively, small business VAT take will deplete, corporation tax will increase leading to companies relocating to another base worldwide, the future is not good.

It can be cured,
dissolve the Sheanead, dissolve FAS, dissolve the IDA, dissolve the army,dissolve the HSE, dissolve public sector by 60/70%, massive restructure of welfare and get this country back to work.....
But guess what, none has the stomach to do it, so we will paddle on with half an a paddle and a hole in the bottom of our boat.... but by that time all our educated and entrepreneurial young minds will be off to somewhere where they are valued.
Dire prediction?... I'm afraid it's where I see it.


As one with over 40 years of business experience all I can say is that is the greatest load of nonsense I have heard.

The dissolution of the Seanad will save and a achieve very little. Reform the Seanad and give it powers which it hasn't got at the moment.

Dissolve Fás ..... and put what 'training organisation' in its place? or do you suggest we no longer train or up-skill people?

Dissolve the HSE - then what, close all the hospitals too?

Dissolve the Public Sector by 60/70% - and then expect the same 'service' to be provided by the remaining 30%?

That kind of negativity does absolutely nothing to improve our economy. If you truly believe that Ireland will welch on its debts, then you really don't understand Ireland or its people or history - even if you are Irish. We will get out of this mess, with our dignity held in tact - our backs are against the wall, as they have been before, and we rose from those ashes too - why? because we are Irish and because We Can!ireland
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