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Belfast Boy

Bbc Spotlight - How The Demise Of The Celtic Tiger Is Having An Impact On Northern Ireland's Economy.

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Mike Smyth says its the lack of building houses up here that caused the boom. And he had "Economist" under his name on screen. And we are not going to be hit as badly as the ROI in the recession. :lol:

Yeah I was laughing at that too :D

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... a must watch....

Watch it again on BBC iplayer - http://www.bbc.co.uk/iplayer/episode/b00kt...ght_02_06_2009/

It will spread here too. :(

Mandy McAuley investigates how the demise of the Celtic Tiger is having an impact on Northern Ireland's economy. In 2009 shoppers from the Republic of Ireland are expected to spend three-quarters of a billion Euro in Northern Ireland. But thousands of cross-border workers based in Northern Ireland are facing long-term unemployment as the Republic's construction boom ends.

http://www.bbc.co.uk/programmes/b00ktlp3

Edit: link added.

Edited by Belfast Boy

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Yeah I was laughing at that too :D

I liked the Dublin ea , seeing value in the Market followed by

The flat manager saying 1bed flats are 220k euros , hilarious

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Mike Smyth says its the lack of building houses up here that caused the boom. And he had "Economist" under his name on screen. And we are not going to be hit as badly as the ROI in the recession. :lol:

This is this c*%k that 6 months ago or more on UTV said NI property prices had bottomed...I m bearly 100% sure it was him. This guy is potentially more dangerous than the BTel...

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It'll be 'Erin Go Broke' for next five years

IRELAND will have to "suffer" a period of "long, slow, grinding deflation" and wait five years before our economic growth matches that of the euro region, a Nobel Prize-winning economist said yesterday.

Paul Krugman, who created huge controversy last month when he wrote a column in the 'New York Times' headlined 'Erin go Broke', said: "You made the decisions that put you in this box a while back."

http://www.independent.ie/national-news/el...rs-1763829.html

rock on!

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