Dundalk wrote:So we are in the middle of the biggest Recession since the 80s, more and more people are losing there jobs and company's are going bust by the minute.
So get it off your chest in here or post any news you hear - good or bad. My job is hanging by a thread at the moment and Mrs Dundalk is in the bank so her job isn't exactly cast iron at the moment either.
Dark times ahead?
We willl have to wait and see....
Big Niall wrote:The media annoy me too. They say unemployment (in Ireland) could go from 8% now to 12% by the end of the year i.e. an increase of 50%.
However, mathatmatically, they could say 95% of people working now will keep their jobs.
Homebooby wrote:Big Niall wrote:The media annoy me too. They say unemployment (in Ireland) could go from 8% now to 12% by the end of the year i.e. an increase of 50%.
However, mathatmatically, they could say 95% of people working now will keep their jobs.
The media is the biggest culprit here if you ask me. The whole economy is based on speculation nowadays and they propogate the fears of everyone. They mention a slowdown and everyone is more cautious causing a slowdown.
From a pure standard of living perspective I agree that very little has changed provided you have fixed interest on your mortgage and haven't lost your job. Life has relatively got cheaper in the last 6 months I would guess.
On the business side is where I think most people are feeling it. Orders and work in general goes down, plus the arena becomes more competitive which drives profit margins down and everyone starts feeling the pinch.
The question is how much pinching can everyone absorb.
Personally I think that this is just another evening out of the playing field similar to what was seen in the telecoms market at the beginning of the decade. The dot com boom saw every Tom Dick and Harry having a go and a lot of them didn't make it as you can only have so many in one field. I would argue the same thing about the housing market. The whole market has been inflated beyond recognition due to everyone thinking that their tits are bigger than Sarah Beenys![]()
I realise I am speaking in a cold impersonal manner and I have every sympathy with anyone who is suffering. Having lost my job in the IT sector several times, you kind of get used to it, which can't be a good thing.
Judge wrote:i think organ harvester s@int will be making a profit from the economic downturn
s@int wrote:Big but not very pretty is she
s@int wrote:Judge wrote:i think organ harvester s@int will be making a profit from the economic downturn
I am making a fortune selling organs on e bay, unfortunately I couldnt sell my organ, as me todger is very small and wouldnt make a chipolata stall in a german market
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