Ghost Land

[caughtredhanded]

Anybody else watching this tonight on RTE1?

Absolute madness, read Simon Kelly's book 'breakfast with Anglo' over the last few days and could not fail to be amazed at the greed of the last 10 years and how nobody realised the game was over.

How did we allow ourselves to get into this state?

[Capt Pat]

You can count me out of this "we" business. The leadership in this country is basically demented.

[whiskeysteve]

Dreadful. The amount of people caught in negative equity and no way to get out of it.

The horrible thing is that things are certain to get worse. Tax will rise, benefits will be be cut, emigration will rise, unemployment will rise and at the end of the day the IMF will be in the country anyway. After that things will get worse again.

We are on the verge of serious social disorder. A lick of paint for Mary Harney will laughable in the context of 2011-2012.

Recession is a laughable term. We are in the early phases of a Depression.

I know a lot of folks know this but it bears repeating as I reckon a significant cross section of people seem to imagine that things might get a bit tough for a while but straighten out next year... 

[caughtredhanded]

A fella I know was on holiday in the South of France a few years ago. He took a trip down to Monaco and went into one of the high end casinos to see what the craic was. He was fit to see local builders in there playing the tables like they were royalty when their fathers 20 years ago were out laying 4" blocks and shuttering walls for silo pits.

How in the name of f@#k did those guys think it was going to end? Politicians, builders and bankers have conspired to drive this country back 40 years. Ordinary hard working tax paying citizens are living in misery with nothing to look forward to but more misery for the next 10 years.

[theskull1]

I'd love to hear the inside stories of the rise and fall of these local big time charlies around the country. Every village was full of them no doubt. New beamers with the expensive jeans and shirts with tanned pointy slip ons living it up in the pub every weekend for years on end.

I think the average joe in the street seen this all coming years ago and if we seen it then the banks seen it as well but the short term profit/bonus culture drove the whole thing to hell in a hand cart as people kept putting their faith (i.e greed overiding instinct) in the banks and the government spin.

[ludermor]

I'd love to hear the inside stories of the rise and fall of these local big time charlies around the country. Every village was full of them no doubt. New beamers with the expensive jeans and shirts with tanned pointy slip ons living it up in the pub every weekend for years on end.

I think the average joe in the street seen this all coming years ago and if we seen it then the banks seen it as well but the short term profit/bonus culture drove the whole thing to hell in a hand cart as people kept putting their faith (i.e greed overiding instinct) in the banks and the government spin.

If the average joe seen it coming they wouldnt have bought houses so expensive or they wouldnt have bought their second/third house or place 'in de sun'

[theskull1]

I did say that greed overtook their instincts?

[RMDrive]

Dreadful. The amount of people caught in negative equity and no way to get out of it.

The horrible thing is that things are certain to get worse. Tax will rise, benefits will be be cut, emigration will rise, unemployment will rise and at the end of the day the IMF will be in the country anyway. After that things will get worse again.

We are on the verge of serious social disorder. A lick of paint for Mary Harney will laughable in the context of 2011-2012.

Recession is a laughable term. We are in the early phases of a Depression.

I know a lot of folks know this but it bears repeating as I reckon a significant cross section of people seem to imagine that things might get a bit tough for a while but straighten out next year... 

As long as we have clever people like you to tell us the real story then everything will be ok.

[whiskeysteve]

Dreadful. The amount of people caught in negative equity and no way to get out of it.

The horrible thing is that things are certain to get worse. Tax will rise, benefits will be be cut, emigration will rise, unemployment will rise and at the end of the day the IMF will be in the country anyway. After that things will get worse again.

We are on the verge of serious social disorder. A lick of paint for Mary Harney will laughable in the context of 2011-2012.

Recession is a laughable term. We are in the early phases of a Depression.

I know a lot of folks know this but it bears repeating as I reckon a significant cross section of people seem to imagine that things might get a bit tough for a while but straighten out next year... 

As long as we have clever people like you to tell us the real story then everything will be ok.

did i look like i was acting the smartass? i don't think so?

not much mention of the IMF coming in, in the mainstream media (RTE, etc). Without being a smartass I honestly think a lot of people don't realise the worse position the country will be in this time next year. I think there is still a fair degree of denial about. I understand a lot of people in are serious difficulties already btw.

Fair point or not?

[thejuice]

Dreadful. The amount of people caught in negative equity and no way to get out of it.

The horrible thing is that things are certain to get worse. Tax will rise, benefits will be be cut, emigration will rise, unemployment will rise and at the end of the day the IMF will be in the country anyway. After that things will get worse again.

We are on the verge of serious social disorder. A lick of paint for Mary Harney will laughable in the context of 2011-2012.

Recession is a laughable term. We are in the early phases of a Depression.

I know a lot of folks know this but it bears repeating as I reckon a significant cross section of people seem to imagine that things might get a bit tough for a while but straighten out next year... 

So what exactly are we talking here? You say social disorder. Rioting? mass emmigration from the cities?

[whiskeysteve]

Yeah i reckon there will be some rioting down the line. Why should Ireland be immune to the ills that have plagued other countries that have gone under?

Emigration is rising and will continue to do so.