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Irish economy: well... there is one?


pino

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Joined
Jan 22, 2007
Messages
22
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www.defrancesco.info
I'm Italian (resident in Ireland since 2004) and I have to say that I'm quite worried about the "Irish Economy"... :confused: I haven't seen one since I'm here!

The government makes a huge mistake: they tell the people that the money coming from foreign companies establishing here is the basis of the Irish economy... and that's ridiculous :eek:

Foreign companies can decide to come here and they will keep their sites here as long it's financially interesting! As soon that ends they will just close down here and go elsewhere!!! Is this THE Irish economy? I'm stunned :eek:

The wages cannot be kept still against the raising of the inflaction, so the balance between wages and corporation tax will VERY soon end, and the companies will go away! We are already watching the beginning of this, and there is no way back.

Ireland has invested all the possible resources in a fake economy, deserting the Irish resources that should be re-evaluated to get an independent and healthy economy. The government is demonstrating a complete incapacity of learning from other countries mistakes.

I really hope that Irish voters will wake up, even if now it's already quite late to recover the situation avoiding problems and sacrifices.

Cheers
Pino
 

atlantic

Well-known member
Joined
Jan 25, 2008
Messages
649
You are spot on Pino
I'm Italian (resident in Ireland since 2004) and I have to say that I'm quite worried about the "Irish Economy"... :confused: I haven't seen one since I'm here!

The government makes a huge mistake: they tell the people that the money coming from foreign companies establishing here is the basis of the Irish economy... and that's ridiculous :eek:

Foreign companies can decide to come here and they will keep their sites here as long it's financially interesting! As soon that ends they will just close down here and go elsewhere!!! Is this THE Irish economy? I'm stunned :eek:

The wages cannot be kept still against the raising of the inflaction, so the balance between wages and corporation tax will VERY soon end, and the companies will go away! We are already watching the beginning of this, and there is no way back.

Ireland has invested all the possible resources in a fake economy, deserting the Irish resources that should be re-evaluated to get an independent and healthy economy. The government is demonstrating a complete incapacity of learning from other countries mistakes.

I really hope that Irish voters will wake up, even if now it's already quite late to recover the situation avoiding problems and sacrifices.

Cheers
Pino
 

markeys

Active member
Joined
Feb 11, 2008
Messages
273
Fully Agree.

I actually think the government is downright criminal at worst and incompetent at best. Some of the things trotted out by the government show a complete lack of understanding of the crisis.

They are actually scaring the bejayus out me with their carry on and I hope to God I'll be proved wrong on this credit bill.
 

murakami

New member
Joined
Oct 2, 2008
Messages
2
At least the OP can head back to Italy if it all goes belly up here. From what I hear Italy has a far superior economy and one of the most workable democratic systems in the world. Oh and the food.... bar the contaminated mozzarella. Makes you wonder why you'd bother moving here
 

pino

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Jan 22, 2007
Messages
22
Website
www.defrancesco.info
OT

At least the OP can head back to Italy if it all goes belly up here. From what I hear Italy has a far superior economy and one of the most workable democratic systems in the world. Oh and the food.... bar the contaminated mozzarella. Makes you wonder why you'd bother moving here
WEll.... no way! The Italian economy is totally down since the 80s and it's impossible to get it fixed without a real revolution and leaving EU. Consider that the overall tax burden in (in average) the 55%, with peaks of 66%... and since Berlusconi my FORMER homeland is just a criminal state governed by criminals voted by people that is bashing each other to get as much money they can... Wonderful place to have 2 weeks holidays... the worst place in Europe to live in. :confused:
 

Bean

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Joined
Sep 17, 2008
Messages
8
WEll.... no way! The Italian economy is totally down since the 80s and it's impossible to get it fixed without a real revolution and leaving EU. Consider that the overall tax burden in (in average) the 55%, with peaks of 66%... and since Berlusconi my FORMER homeland is just a criminal state governed by criminals voted by people that is bashing each other to get as much money they can... Wonderful place to have 2 weeks holidays... the worst place in Europe to live in. :confused:
Why the need to leave the EU?
 

pino

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Jan 22, 2007
Messages
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www.defrancesco.info
Why the need to leave the EU?
Quite simple:

  1. the Italian economy (and not just the Italian!) cannot afford anymore the destruction of tons of vegetables, grapes and milk every year because "Italy is not allowed to that big production". The quota system has destroyed Italian farming.
  2. Leaving the Euro Zone so bringing back the Italian Lira will make the exchange extremely profitable, so a lot of Euros and US$ will flow into the independent Bank of Italy (the Italian central bank).
I could continue pointing out hundreds of other points, but the two above alone are enough: those two will clear the public deficit and lower the unemployment rate to an historical low peak.

I'm not against EU, but THIS EU is made up just to grant a lot of money to the big international corporations, leaving nothing to the people.
 
Joined
Aug 6, 2007
Messages
22,911
WEll.... no way! The Italian economy is totally down since the 80s and it's impossible to get it fixed without a real revolution and leaving EU. Consider that the overall tax burden in (in average) the 55%, with peaks of 66%... and since Berlusconi my FORMER homeland is just a criminal state governed by criminals voted by people that is bashing each other to get as much money they can... Wonderful place to have 2 weeks holidays... the worst place in Europe to live in. :confused:

Since Berlusconi !!!!!

Wow so the Mafia / Camorra were really a source for good helping people........who knew
 

pino

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Jan 22, 2007
Messages
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OT again :)

Since Berlusconi !!!!!

Wow so the Mafia / Camorra were really a source for good helping people........who knew
No: Mafia, Camorra, 'Ndrangheda and Sacra Corona Unita WERE illegally funding the DC party... Now they have their men IN the government.... that's the biggest difference since Berlusconi. Mr Berlusconi has brought the criminals directly IN the parliament... what a smart thing to do uh? :mad:
 

H.R. Haldeman

Well-known member
Joined
Oct 1, 2008
Messages
4,444
I'm Italian (resident in Ireland since 2004) and I have to say that I'm quite worried about the "Irish Economy"... :confused: I haven't seen one since I'm here!

Totally agree. Our "economy":

1. Buying and selling houses
2. Multinationals (accounting for c. 90% of exports)
3. Non-tradeable services/retail
4. The public sector

After that, we have agri, tourism and I'm sure some residual manufacturing and other small indigenous industries. But in reality, the 4 above are the vast bulk of it, and none of them are wealth creating in any meaningful way, and each of them is vulnerable and out of the hands of policy-makers.

All in all, a shambles.
 
Joined
Aug 6, 2007
Messages
22,911
No: Mafia, Camorra, 'Ndrangheda and Sacra Corona Unita WERE illegally funding the DC party... Now they have their men IN the government.... that's the biggest difference since Berlusconi. Mr Berlusconi has brought the criminals directly IN the parliament... what a smart thing to do uh? :mad:
B/S they were always in Government.

If Italian state was in Mid East it would be a pariah because of the actions of politicians over the years.
 

HarshBuzz

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Joined
Feb 28, 2008
Messages
11,935
B/S they were always in Government.

If Italian state was in Mid East it would be a pariah because of the actions of politicians over the years.
I just finished reading 'Midnight in Sicily' by Peter Robb, you should have a read if you are interested in the extent to which the Mafia\N'dranghetta\Camorra have undermined the Italian state. Fascinating stuff, Andreotti makes Haughey look like a two-bit punk! At least haughey never had anyone murdered (that we know of!)
 

pino

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Jan 22, 2007
Messages
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<...cut...>
After that, we have agri, tourism and I'm sure some residual manufacturing and other small indigenous industries. But in reality, the 4 above are the vast bulk of it, and none of them are wealth creating in any meaningful way, and each of them is vulnerable and out of the hands of policy-makers.

All in all, a shambles.
That's the point: Ireland everywhere is known as the homland of the Celtic tradition. A lot of people come here looking for Pagan paths and stuff... finding just few gadgets and paying € 1.5 / € 2 for just a coffee.

Turism should be the main focus of the Irish government and... have you seen the UK campaign made by Fáilte Ireland? "Come to discover St. Patrick's christian path!" ... ... now.... do they know that the brits are protestant??? Never seen so much pitiful incompetence :mad:

The Irish farming and fishery have been rip off by the burden of the EU quota system and from that there is no way out, so the ONLY future for the Irish economy lies in the Tourism. Anyone able to get this idea into the empty heads of Cowen & C.???
 
Joined
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Turism should be the main focus of the Irish government and... have you seen the UK campaign made by Fáilte Ireland? "Come to discover St. Patrick's christian path!" ... ... now.... do they know that the brits are protestant??? Never seen so much pitiful incompetence :mad:
B/S - and I see the adverts all the time
 

pino

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Jan 22, 2007
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About B/S

B/S - and I see the adverts all the time
if B/S means what I think then you are not watching the ads at all in the UK (where do you live?). Fáilte Ireland presented their campaign in one of our Chamber of Commerce meeting (Tuam, Co. Galway) and the FI lady was quite embarassed when I pointed out that huge mistake.

B/S is to give B/S pretending to know everything. You know about the Italian establishment better than me (and I'm Italian)... You say that I'm inventing a Fáilte Ireland campaign for the UK that the whole Chamber of Tuam have seen presented by a FI executive.... in other threads I've seen your B/S expression about many other things so you are quite a superman of the knowledge uh? Be more humble lad or you'll have a quite pitiful life.
 

Green eyed monster

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Feb 13, 2008
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2,438
...

That's the point: Ireland everywhere is known as the homland of the Celtic tradition. A lot of people come here looking for Pagan paths and stuff... finding just few gadgets and paying € 1.5 / € 2 for just a coffee.

Turism should be the main focus of the Irish government and... have you seen the UK campaign made by Fáilte Ireland? "Come to discover St. Patrick's christian path!" ... ... now.... do they know that the brits are protestant??? Never seen so much pitiful incompetence
And we bulldoze over our country's most sacred pagan site, we build a motorway on top of it.
 

goosebump

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Joined
May 23, 2008
Messages
4,953
Quite simple:

  1. the Italian economy (and not just the Italian!) cannot afford anymore the destruction of tons of vegetables, grapes and milk every year because "Italy is not allowed to that big production". The quota system has destroyed Italian farming.
  2. Leaving the Euro Zone so bringing back the Italian Lira will make the exchange extremely profitable, so a lot of Euros and US$ will flow into the independent Bank of Italy (the Italian central bank).
And you accuse us of economic mismanagement?

In relation to food produce, do the laws of supply and demand not apply in Italy? And if you brought back the Lira, it would last about 2 weeks on the open money markets before it was worth less than toilet paper.
 

goosebump

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pino

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Jan 22, 2007
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Tara

And we bulldoze over our country's most sacred pagan site, we build a motorway on top of it.
Yep, the Tara issue is at the highest level of insulting behaviour from the Irish established power against the very core of the Irish Heritage.
 
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