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Storm Brewing In Ireland

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This is an afternoon current affairs radio show on Ireland's national broadcaster. The host is a populist/socialist, who spends the entire show talking to members of the public.

Every day he's banging on about the banks and the bailouts, and alot of the callers (mostly women) are growing hysterical with rage at the government.

Needs media player.

http://www.rte.ie/ra...layer_av.html?0,null,200,http://dynamic.rte.ie/quickaxs/209-r1-liveline.smil

(full link won't hightlight - click on Liveline in first column)

Edited by okaycuckoo

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This is an afternoon current affairs radio show on Ireland's national broadcaster. The host is a populist/socialist, who spends the entire show talking to members of the public.

Every day he's banging on about the banks and the bailouts, and alot of the callers (mostly women) are growing hysterical with rage at the government.

Needs media player.

http://www.rte.ie/ra...layer_av.html?0,null,200,http://dynamic.rte.ie/quickaxs/209-r1-liveline.smil

(full link won't hightlight - click on Liveline in first column)

to be totally honest im a little suprised Ireland hasnt gone a bit more Greece yet myself, they have had more pain inflicted than the UK as the Euro has ensured more deflationary impact to date. Add that to the fact its clear with Nama that those who caused the hardship are in the med or on the golfcourse and like i say im suprised

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to be totally honest im a little suprised Ireland hasnt gone a bit more Greece yet myself, they have had more pain inflicted than the UK as the Euro has ensured more deflationary impact to date. Add that to the fact its clear with Nama that those who caused the hardship are in the med or on the golfcourse and like i say im suprised

My contacts in Ireland are doing fine - alot of people across a broad range of incomes/indebtedness. So I'm not convinced yet, although the media image of collapse is getting starker.

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I'm moving this to the main board since there has been a lot of interest in Ireland and its economic woes.

A very interesting listen. Some very articulate speakers, in stark contrast to some of the individuals on that r5 programme yesterday.

You can sense the fear and anger. Lots of innocent victims. Quite alarming tbh.

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It's a pretty crazy experience to hear a middle class housewife talk about revolution (32min)...

...and mean it.

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Hmmm...

These are the same angry folk who sold each other overpriced, cheaply made homes for the last decade, aren't they?

Also being the same folk who demanded a fat public purse in which to enjoy the social benefits of the nanny state, yet refuse to contribute financially.

Revolt against whom?

Classic whine.

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Hmmm...

These are the same angry folk who sold each other overpriced, cheaply made homes for the last decade, aren't they?

Also being the same folk who demanded a fat public purse in which to enjoy the social benefits of the nanny state, yet refuse to contribute financially.

Revolt against whom?

Classic whine.

Spot on. I heard some of this live earlier. She was angry, but offered no clue as to what should be done next. Wants the Government out.. blah blah. When the ex banker was telling her she would have to do something for herself, she didn't even hear it, because she wouldn't shut up. Then lo and behold, we have a plasterer on, who has no work, and reckon that BOI put him out of business by withdrawing his overdraft. Overdraft? A Plasterer ? Up until a couple of years ago, he was probably ripping people off to the tune of 500 euro a day FFS.

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Hmmm...

These are the same angry folk who sold each other overpriced, cheaply made homes for the last decade, aren't they?

Also being the same folk who demanded a fat public purse in which to enjoy the social benefits of the nanny state, yet refuse to contribute financially.

Revolt against whom?

Classic whine.

There's plenty of blame to go around, same as here: politicians, senior civil servants, central bankers, retail bankers, investment bankers, pension fund managers, financial regulators, property developers, BTL investors, estate agents, mortgage brokers, journalists, property TV producers, demanding voters, debt-addicted consumers, overconfident investors and overleveraged homeowners with pound signs in their eyes. But human nature is what it is, and it was the system that allowed the greedy side of human nature to get the better of the fearful side for far too long.

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Scary listening to that stuff.

28 minutes in - caller suggests the governments next slogan will be "Let them eat cake!"

First used by me a few months ago on here. ©2010 HPC - another doom and gloom first.

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A very interesting listen. Some very articulate speakers, in stark contrast to some of the individuals on that r5 programme yesterday.

You can sense the fear and anger. Lots of innocent victims. Quite alarming tbh.

Listening to this right now. I urge other HPC'ers to do the same - I don't know if these are people who believed the Celtic Tiger hype and over-borrowed and overspent.

I doubt its all of them.

This may be a preview of what is coming to us. They are using the 'D' word freely.

People are seriously talking about emigration in tones that suggest they don't expect to come back.

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to be totally honest im a little suprised Ireland hasnt gone a bit more Greece yet myself, they have had more pain inflicted than the UK as the Euro has ensured more deflationary impact to date. Add that to the fact its clear with Nama that those who caused the hardship are in the med or on the golfcourse and like i say im suprised

Ireland does not have a history of trade unionism, hence a lack of organised protest. The reason for this is because the UK occupied the country for much of their history and made it difficult or illegal for any community groups to form.

The real shame is that the Celtic tiger mirage had allowed so many citizens to return to Ireland - now they all have to leave again for the same old economic reasons.

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So the Irish people are waking up to reality at last?

I have no sympathy for them anyway, it's all their own fault for trying to punch above their weight economically and for believing that they could live off funny-money for ever.

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So the Irish people are waking up to reality at last?

I have no sympathy for them anyway, it's all their own fault for trying to punch above their weight economically and for believing that they could live off funny-money for ever.

Yes. Not like those English people eh? :lol::lol:

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I know it's anecdotal but a friend of mine is Irish and I met his recently retired mother a few months ago when my friend's child was born. At that time there was a lot of anger. A large chunk of the family has come over for the christening and the anger has largely gone. More resignation now, and a belief that the Brits were lucky that they kept the pound.

With the exception of the ghost estates Ireland's probably going to pull out of this sharpish. It's going to be far longer for us, the States or Greece. Galbraith talked rot, we need austerity.

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None of the guilty parties who have ruined the Irish economy will stand before a court and receive their just deserts.

True, but how is that any different to anywhere else?

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Thanks for posting.

Like this bit 47minute - the women say who try to kick start the construction sector and not education, the ex-banker said education

is for the long term, they need something in the short term. oh dear...

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Listening to this right now. I urge other HPC'ers to do the same - I don't know if these are people who believed the Celtic Tiger hype and over-borrowed and overspent.

I doubt its all of them.

The measures they're complaining of hit everyone, e.g. the 5% electricity levy, and "poverty tax" whatever that is -- a tax on being poor? B):ph34r:

And it all seems exacerbated by what they perceive as "let them eat cake" behaviour on the part of their political and banking elites, who are telling ordinary people to tighten their belts and/or being bailed out at public expense.

Refreshing to hear articulate, informed people making such points. Puts a lot of UK phone-ins to shame, I'm sad to say.

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The measures they're complaining of hit everyone, e.g. the 5% electricity levy, and "poverty tax" whatever that is -- a tax on being poor? B):ph34r:

And it all seems exacerbated by what they perceive as "let them eat cake" behaviour on the part of their political and banking elites, who are telling ordinary people to tighten their belts and/or being bailed out at public expense.

Refreshing to hear articulate, informed people making such points. Puts a lot of UK phone-ins to shame, I'm sad to say.

To be fair, they can't be told the lies that printing money will solve all ills. We get to pretend everything is fine for a bit longer, while they are forced to face reality.

P.S. I think it was property tax (they don't have rates/council tax in the ROI).

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P.S. I think it was property tax (they don't have rates/council tax in the ROI).

That makes a lot more sense, though I did enjoy the concept of a poverty tax :D

Edited by huw

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Ireland does not have a history of trade unionism, hence a lack of organised protest. The reason for this is because the UK occupied the country for much of their history and made it difficult or illegal for any community groups to form.

Oh dear. The independence movement was largely agitated by trade unions. Farmers lobby is massive. And public-private partnership was all the rage over the past 15 years = huge public sector unions.

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  • 144 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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