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Ireland to be fastest growing economy this year and next in Eurozone


Dublin 4

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Hows that Property Revival the Indo has predicted for 7 years? petunia
 
D

Dylan2010

im sure if every country was borrowing an additional 10% they would be fake growing as well
 
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cricket

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That's like claiming to be the best gaelic footballer in Kilkenny.
 

Dublin 4

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You are aware that the prediction is from the EC and not the Indo?
They've both a way of spinning things - stop sh1ttin about growth, things are worse...
 

LamportsEdge

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So Ireland is going to outpace Germany in 'growt' is it, next year? What kind of 'growt'? Bunions?
 
B

birthday

They've both a way of spinning things - stop sh1ttin about growth, things are worse...
Things could be worse for a lot of people and the economy could still be growing!

Even the ICTU (you like them, I think) sponsored Nevin Economic Research Insitute are reckoning on the economy returning to growth
albeit at a much slower pace than Dan McLaughlin or the EC, estimating GDP growth of just 0.3% for 2012, 0.6% for 2013, and 0.8% for 2014 — adding that it won’t be until 2015 when the economy will see any real significant growth levels.
http://www.google.ie/url?sa=t&rct=j&q=&esrc=s&frm=1&source=web&cd=11&cad=rja&sqi=2&ved=0CG8QFjAK&url=http://www.irishexaminer.com/business/boi-keeps-economic-growth-forecasts-unchanged-despite-02-gdp-growth-219373.html&ei=8sonUdX1D5S4hAeTtIH4Dg&usg=AFQjCNE-jGQJ5Ju0Zo8_SKJkDCNdTct2oQ

Who knows? Economists are bound to get it right sometime.
 

off with their heads

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Things could be worse for a lot of people and the economy could still be growing!

Even the ICTU (you like them, I think) sponsored Nevin Economic Research Insitute are reckoning on the economy returning to growth
albeit at a much slower pace than Dan McLaughlin or the EC, estimating GDP growth of just 0.3% for 2012, 0.6% for 2013, and 0.8% for 2014 — adding that it won’t be until 2015 when the economy will see any real significant growth levels.
http://www.google.ie/url?sa=t&rct=j&q=&esrc=s&frm=1&source=web&cd=11&cad=rja&sqi=2&ved=0CG8QFjAK&url=http://www.irishexaminer.com/business/boi-keeps-economic-growth-forecasts-unchanged-despite-02-gdp-growth-219373.html&ei=8sonUdX1D5S4hAeTtIH4Dg&usg=AFQjCNE-jGQJ5Ju0Zo8_SKJkDCNdTct2oQ

Who knows? Economists are bound to get it right sometime.
even if that were true the further planned expenditure cuts and tax increases will kill even the threat of growth :p
 

Dublin 4

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Things could be worse for a lot of people and the economy could still be growing!

Even the ICTU (you like them, I think) sponsored Nevin Economic Research Insitute
I'm not interested in garbage talk from these guys & never claimed to like them.

We're in an IMF Bailout with over €12 Billion to roll over by Jan, record unemployment, record emigration, Peter Matthews talking unrebutted about the Banks needing another €60 Billion, Mortgage Timebombs etc, etc...

The best you have is the "Nevin Institute" - anything to Katherine... :roll:

 
B

birthday

even if that were true the further planned expenditure cuts and tax increases will kill even the threat of growth :p
Perhaps or has that been factored in?

Are Paddy Power taking bets, I wonder. I would go for 2015 myself.
One thing seems likely we will not be seeing the 1990s again. Apparently, if the world economy was to pick up it would help significantly, us being such an open economy and all that.
Anemic for years I would imagine.
 

LamportsEdge

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Perhaps or has that been factored in?

Are Paddy Power taking bets, I wonder. I would go for 2015 myself.
One thing seems likely we will not be seeing the 1990s again. Apparently, if the world economy was to pick up it would help significantly, us being such an open economy and all that.
Anemic for years I would imagine.
That is a key thing I think, birthday, Ireland was the most open economy in the world I believe which is grand when the global economy is hot but when it goes cold the economy falls off a cliff. Factor in the corruption losses and the fake accounts and so on and you have instant disaster.
 

anationoceagain

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Apr 18, 2011
Messages
2,754
Things could be worse for a lot of people and the economy could still be growing!

Even the ICTU (you like them, I think) sponsored Nevin Economic Research Insitute are reckoning on the economy returning to growth
albeit at a much slower pace than Dan McLaughlin or the EC, estimating GDP growth of just 0.3% for 2012, 0.6% for 2013, and 0.8% for 2014 — adding that it won’t be until 2015 when the economy will see any real significant growth levels.
http://www.google.ie/url?sa=t&rct=j&q=&esrc=s&frm=1&source=web&cd=11&cad=rja&sqi=2&ved=0CG8QFjAK&url=http://www.irishexaminer.com/business/boi-keeps-economic-growth-forecasts-unchanged-despite-02-gdp-growth-219373.html&ei=8sonUdX1D5S4hAeTtIH4Dg&usg=AFQjCNE-jGQJ5Ju0Zo8_SKJkDCNdTct2oQ

Who knows? Economists are bound to get it right sometime.
Ya think?.....
 
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