Ireland has recovered from a resession (9)
online today!online today!pedro27Bray, Dublin Ireland5,970 Threads 223 Polls 33,240 Postsour economy has returned to growth 1st country in Europe ....: 
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pedro27: our economy has returned to growth 1st country in Europe ....:
did,wash.,d.c.get the memo?arrest the robber barons.------ This thread is Archived ------
Lucky ones
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Respite from recession is a better way of looking at it. You/we are still running on emergency interest rates and our economies are not really growing in any of the ways that clever people said they'd need to. For the most part our economies are shaping up to be what we had before the recession.
And besides, there's been an increase in domestic demand because people have realised that we're living through a slow death and that civilisation is not going to end tomorrow, so they've started spending their savings. People are relaxing into the squeeze, but there is little real growth.
And besides, there's been an increase in domestic demand because people have realised that we're living through a slow death and that civilisation is not going to end tomorrow, so they've started spending their savings. People are relaxing into the squeeze, but there is little real growth.
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Obstinance_Works: And besides, there's been an increase in domestic demand because people have realised that we're living through a slow death and that civilisation is not going to end tomorrow, so they've started spending their savings. People are relaxing into the squeeze, but there is little real growth.
You are not wrong. But.. I studied economics. That tends to be how recoveries are founded. Recession gets locked in due to paranoia - people start repaying personal debt and restricting their spend, this leads banks to have reducing revenue from private debt and they loosen interest rates a little.
lower interest rates means less benefit to saving, and cheaper financing on desirable items, which leads to a little more spending, and so forth
the harder the crash, the longer the lag before a bit of faith leads to a bit more money circulating
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Obstinance_Works: Respite from recession is a better way of looking at it. You/we are still running on emergency interest rates and our economies are not really growing in any of the ways that clever people said they'd need to. For the most part our economies are shaping up to be what we had before the recession.
And besides, there's been an increase in domestic demand because people have realised that we're living through a slow death and that civilisation is not going to end tomorrow, so they've started spending their savings. People are relaxing into the squeeze, but there is little real growth.
yep,happy days are here again/song,from the cheerleaders,makes u wonder,who is up,to something.And besides, there's been an increase in domestic demand because people have realised that we're living through a slow death and that civilisation is not going to end tomorrow, so they've started spending their savings. People are relaxing into the squeeze, but there is little real growth.
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pedro27: our economy has returned to growth 1st country in Europe ....:
congratulations pedro now you no longer have to walk with bricks in your bag,you can take the bus------ This thread is Archived ------
happy369: congratulations pedro now you no longer have to walk with bricks in your bag,you can take the bus
lol, i am buying a weight vest it is made for walking, it will be better then the bag and bricks
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CmdrMercutio: You are not wrong. But.. I studied economics. That tends to be how recoveries are founded. Recession gets locked in due to paranoia - people start repaying personal debt and restricting their spend, this leads banks to have reducing revenue from private debt and they loosen interest rates a little.
lower interest rates means less benefit to saving, and cheaper financing on desirable items, which leads to a little more spending, and so forth
the harder the crash, the longer the lag before a bit of faith leads to a bit more money circulating
lower interest rates means less benefit to saving, and cheaper financing on desirable items, which leads to a little more spending, and so forth
the harder the crash, the longer the lag before a bit of faith leads to a bit more money circulating
The people are right to be paranoid. I think we need to focus less on how confident we are, and more on where that confidence comes from. Our time as rulers of the world is coming to an end, and for the first time in 60+ years we are going to have to earn our sense of confidence.
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