The chance of another recession in Ireland are 100%

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The head of the national treasury management agency has guaranteed Ireland an upcoming recession. He talks of people preparing by having enough cash for up to 18 months, and that the nomination of Christine Le Garde as chief of central bank a poisitive thing for Ireland. FG says we are fried if there is hard Brexit in October. He never confirmed the date this recession will begin, just that its guaranteed to happen! 'The chances of a recession in Ireland are 100%', says NTMA
 
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Wolf

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I wonder will FFG's imports have to flee the country in their hundreds of thousands like Irish people had to in 2008.....
Will they fuck!
Their welfare bill will bankrupt the country and FFail's IMF mates will be back in control...

Nigerians will still be able to send at least €26k per man, woman and child back to their homeland though....like in 2013....

 

PO'Neill

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"The tax cuts of today are the austerity of tomorrow."

Mick the plumber. Maybe he is a friend of Paddy the plasterer.
 
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BSA

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The head of the national treasury management agency has guaranteed Ireland an upcoming recession. He talks of people preparing by having enough cash for up to 18 months, and that the nomination of Christine Le Garde as chief of central bank a poisitive thing for Ireland. FG says we are fried if there is hard Brexit in October. He never confirmed the date this recession will begin, just that its guaranteed to happen! 'The chances of a recession in Ireland are 100%', says NTMA
Then there is that National Debt...Hmmmh..

RTE radio reported this morning that it was 200Bn.. 60Bn in interest payments alone since the complete collapse of Ireland followed by our loss of Sovereign Nation Status. This lunchtime RTE online reported that it was 205Bn.. I wonder what the actual figure is? Bigger than both of those figures.. Just guessing..

A recession, which is heading our way, will affect Ireland's ability to keep borrowing to fund our prized hard won position of immigrant chancers Destination of First Choice ® That'd be a tragedy.. Not just for Ireland, but Nigeria, Poland, Brazil... Oh! the humanity...
 
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jon 1000's of irish f

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I wonder will FFG's imports have to flee the country in their hundreds of thousands like Irish people had to in 2008.....
Will they fuck!
Their welfare bill will bankrupt the country and FFail's IMF mates will be back in control...

Nigerians will still be able to send at least €26k per man, woman and child back to their homeland though....like in 2013....

things you will never see a rte documentary on the 1/2b being sent to Nigeria. bleeding the country.
 

gerhard dengler

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The head of the national treasury management agency has guaranteed Ireland an upcoming recession. He talks of people preparing by having enough cash for up to 18 months, and that the nomination of Christine Le Garde as chief of central bank a poisitive thing for Ireland. FG says we are fried if there is hard Brexit in October. He never confirmed the date this recession will begin, just that its guaranteed to happen! 'The chances of a recession in Ireland are 100%', says NTMA
Hard brexit could happen, although I think soft brexit is more likely.

This country's real difficulty is that our nominal level of debt has not reduced. Debt continues to be a huge drag on our public finances.

We've paid out 60 billion in interest repayments alone during the past 10 years.
Dead money which could have been put to far better use, were it not for our nominal levels of huge debt.

The low interest rate environment of the past 10 years is unprecedented. If interest rates do increase, even by a small amount, the debt pyre will ignite and then the real pain will ensue.
 

Suryavarman

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The head of the national treasury management agency has guaranteed Ireland an upcoming recession. He talks of people preparing by having enough cash for up to 18 months, and that the nomination of Christine Le Garde as chief of central bank a poisitive thing for Ireland. FG says we are fried if there is hard Brexit in October. He never confirmed the date this recession will begin, just that its guaranteed to happen! 'The chances of a recession in Ireland are 100%', says NTMA
Well done, you predicted a sure thing.

I also predict the chances of you dying is 100% too.
 
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