Originally posted by deise2010:
What next

Originally posted by OneCoolCat:
Im not an expert on this but I have some money saved. Is it safe anywhere? BOI, AIB, Credit Union?

Originally posted by OneCoolCat:
Im not an expert on this but I have some money saved. Is it safe anywhere? BOI, AIB, Credit Union?

Originally posted by OneCoolCat:
Im not an expert on this but I have some money saved. Is it safe anywhere? BOI, AIB, Credit Union?

Originally posted by Rebel CNC:


Under your mattress?

I think it`s probably safe whilst guarantee is in place. However I must admit I`ve transferred a good wedge of savings to a UK account I had from my time in London.

To be honest, If I had serious money €50k plus   (sadly I don`t  )   I`d probably be looking at how to invest in gold.

This message has been edited - 09-sep-2010 @ 12:54

Originally posted by scalder:
Hi guys I’ve been having panic attacks of late about the whole economic outlook, in Ireland but also globally and what to do – sell our house now   (yes we’d lock in a loss!  )  , pay down loans or save, where to save, is the Euro safe or should I look to gold/silver?

Anyway during my research I came across this concept and it struck a cord, not pleasant for us but have a look at “Kondratiev wave” – if this is true we’re on the edge of a rough period on a par with the great depression.

Originally posted by limericklass:


Well, I didnt vote for FF in the last two elections   (and never have  )   and also voted no in the two lisbon treaties. I had a feeling that the two combined would send us down the river..

Originally posted by limericklass:


I thought this was all sorted with our "Lisbon Guarantee" ..LOL...

Tánaiste and Education Minister Mary Coughlan has said that the Government will oppose any plans by the EU which could affect Ireland`s low corporation tax rate.

The EU is drawing up proposals to introduce a common consolidated corporate tax base across the 27-member bloc.

Business groups have sharply criticised the plans, saying they will damage investment in Ireland.

But Minister Coughlan said her Government and those of many other member states would vehemently oppose such moves.

"We do not want any interference on the issue of corporation tax," she said. "And there are many other member states who have equally expressed concerns.

"The continuation of 12.5% corporation tax, as alluded to by the Finance Minister, continues to be our policy."

Read more: http://breakingnews.ie/ireland/coughlan-govt-will-oppose-any-proposals-to-change-corporation-tax-rate-472878.html#ixzz0z2OkJl1Z

Originally posted by Lukey:
Save this posts lads.

The IMF should have come in here on 1st September 2008.

Thats when the music finally stopped.

The change in tempo started in mid 2006, nobody   (except those who were recognised as moany naysayers  )   noticed because SSIA`s matured and the bubbly continued to be drunk in our new kitchens.

By early 2007 the expressions "market correction" and "soft landings" became the dinner party specials.

When we headed to the polls we skipped along to Fianna Fails greatest spin "the Credit Crunch." A hit that Fianna Fail gladly attributed to "global factors"

12 months later, May 2008, while Govt depts budgets and cashflows were being cauterised, we were still singing "credit crunch" rather than slowing down to feel the real beat of the recession drum

A perfect storm of events -
-A property implosion
-A global banking collapse
-A strong Euro
-A puppet threatre for a Central bank
-A collapsing and failing Social Infrastructure
-An over fed bench marked self serving and under performing Higher-Public Sector
-And whatever yer having yerself...

Have brought us to today. A depression.

We, Ireland, will never recover, not in any of AFR`s members lifetimes.

The cost of Anglo alone will run to at least 44Billion. But whatever it does eventually wash out as, the fact that we don`t know now is keeping us in this drepression.

Until we do know, we cannot budget our capital developments, like new schools and public transport. We cannot offer future prospects for industrial/ commercial investments.

We are robbing the very generation that will fund yours and mine pensions and ould age. i.e. Make no mistake, when college fees are reintroduced, places will still be cut to make more `Full Fees` places available.

We are never going to get out of this hole. Never.

And we are a good two years away from the bottom. FACT.

And if I`m to be completely honest, I think I should have noticed the writing on the wall when Bertie Ahern said of of Willie Walsh`s MBO offer "a time when management wanted to steal the assets for themselves through a management buy out, shafting staff interests."

FFS. That was 2005.

What are we like when its to a GAA web forum we take our indignation to? I suspect we probably deserve what we now face.