FARK.com: (3898009) Once one of the hottest economies around, Ireland is now in a recession. If only they had something they could do to get their minds off the bad news

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		Once one of the hottest economies around, Ireland is now in a recession. If only they had something they could do to get their minds off the bad news (telegraph.co.uk)		132
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5364 clicks; posted to Main » on 25 Sep 2008 at 10:52 AM | Favorite | share:

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OlafTheBent		2008-09-25 09:49:10 AM

I think they'll survive, after all the British have had them in a depression for the last few hundred years.

/... not serious.

*Whistles a trolling tune*

Angry Drunk Bureaucrat		2008-09-25 09:55:30 AM

IIRC, the big problem with the Celtic Tiger is that it was based on an Anglo-American foothold into the EU. A lot of tech companies used Ireland (as the only English speaking, full member of the EU) for branch plants. Combined with a highly educated workforce, this was a winning situation.

Once the US economy starts to tank, however, you get a domino effect.

Occam's Chainsaw		2008-09-25 10:00:49 AM

A lot of software firms set up shop in Ireland... I wouldn't think that the US economy would hit the industry that hard, unless *gasp* we stop buying video game systems, which I see happening about a quarter past Armageddon.

wargarbl		2008-09-25 10:01:08 AM

potatoes

SpinStopper		2008-09-25 10:07:08 AM

Fight?

I_Love_Verdi		2008-09-25 10:09:10 AM

I credit their 11% business tax for keeping the economy strong by attracting corpora- oh, what?

Svengali4Life		2008-09-25 10:55:43 AM

Bush has run the Irish economy right into the ground!

blackminded		2008-09-25 10:56:12 AM

I_Love_Verdi: I credit their 11% business tax for keeping the economy strong by attracting corpora- oh, what?

Newt Gingrich had an extensive speech on how the US needs to adopt a tax strategy based on Ireland.

Hm.

Mirrorz		2008-09-25 10:56:34 AM

emnar		2008-09-25 10:57:31 AM

Angry Drunk Bureaucrat: Once the US economy starts to tank, however, you get a domino effect.

Except they've been in decline for about a year, and the U.S. economy, while teetering, hasn't.

ShereKhan		2008-09-25 10:57:33 AM

BEER

ShereKhan		2008-09-25 10:58:27 AM

.... Or come to America, become a cop, then become a crooked cop, then have a bunch of kids who grow up to be political bosses.

ethics-gradient		2008-09-25 10:58:34 AM

Angry Drunk Bureaucratas the only English speaking, full member of the EU
Er.... No. There is another English speaking full EU member country. Hint - it's quite close to Ireland.

epoc_tnac		2008-09-25 10:59:22 AM

Come back later - the economy is in recession and I'm batin'.

LeroyB		2008-09-25 10:59:31 AM

I dunno, maybe they could head down to the local pub for an ale.

Maybe a fight will break out.

rodeofrog		2008-09-25 11:00:07 AM

hoy tee toy tee toy

bump		2008-09-25 11:00:18 AM

It just pissed me off. I couldn't just stand there and watch them to into a recession right in front of me. It was... rage. Pure rage... Just made me mad.

LaughingGremlin		2008-09-25 11:01:01 AM

the only English speaking, full member of the EU
..... with the Euro...and....Leprachauns?

Enrico Pallazzo		2008-09-25 11:01:02 AM

Does it involve sheep? Or is that limited to only Scotland?

epoc_tnac		2008-09-25 11:01:22 AM

Maybe they should try massive deregulation of financial institutions and tax cuts for the rich. That guarantees growth FOREVER.

rcain		2008-09-25 11:01:57 AM

Sin_City_Superhero		2008-09-25 11:02:18 AM

LeroyB: I dunno, maybe they could head down to the local pub for an ale.

Maybe a fight will break out.

A fight? In Ireland? Between a couple of drunks? Unpossible!

larsinio		2008-09-25 11:02:49 AM

Celtic pussy instead of Celtic tiger?

epoc_tnac		2008-09-25 11:02:49 AM

GungFu		2008-09-25 11:02:54 AM

Kill Bono?

ethics-gradient		2008-09-25 11:03:18 AM

Anyway, this was no secret. Talk to any smart Irish man or woman in the last couple of years and they'd tell you their economy was even more overly dependent on property than ours here in the UK.

OlafTheBent		2008-09-25 11:03:22 AM

No bites?

Okay...

Hey let's talk about the Irish being alcoholics.

... and Scottish/Jews being cheap

... and black people being criminals.

... not to forget Poland/Newfies and their screen-door submarines.

Is it race-generalization Thursday?

idrow		2008-09-25 11:03:47 AM

Gussie Fink-Nottle		2008-09-25 11:04:18 AM

a commodius vicus of recirculation?

Ed Willy		2008-09-25 11:04:43 AM

ethics-gradient: Angry Drunk Bureaucratas the only English speaking, full member of the EU
Er.... No. There is another English speaking full EU member country. Hint - it's quite close to Ireland.

England hasn't adopted the Euro yet, and is still fighting on some of the EU regulations (hint, don't want to trade pints of beer for liters).

As far as I know Ireland has the Euro, so that facilitates trade into the rest of the EU.

cefm		2008-09-25 11:05:23 AM

Ahhhhh.....celebrating my cultural heritage
www.danielmcbee.com

jarl_jesper		2008-09-25 11:06:03 AM

ethics-gradient: Angry Drunk Bureaucratas the only English speaking, full member of the EU
Er.... No. There is another English speaking full EU member country. Hint - it's quite close to Ireland.

Wales?

fireclown		2008-09-25 11:06:13 AM

OlafTheBent: Is it race-generalization Thursday?

Sure. My family are Swedes, so I"ll lead with Swedes being sorta boring.

ethics-gradient		2008-09-25 11:06:38 AM

There is another English speaking full EU member country. Hint - it's quite close to Ireland.

poc_tnac: Canada, right?

No! Romania fool!

Kazuya		2008-09-25 11:07:26 AM

ethics-gradient: Angry Drunk Bureaucratas the only English speaking, full member of the EU
Er.... No. There is another English speaking full EU member country. Hint - it's quite close to Ireland.

No Angry Drunk has hit the nail on the head. Britain has always been a half in half out member of Europe. It's failure to adopt the European currency probably being the biggest example.

batpappy		2008-09-25 11:07:30 AM

I_Love_Verdi: I credit their 11% business tax for keeping the economy strong by attracting corpora- oh, what?

I see what you did there..

/good work

Crewmannumber6		2008-09-25 11:08:17 AM

When America sneezes, Europe catches a cold.

/was just there in July
//had my first 'proper' Guinness

M-G		2008-09-25 11:08:36 AM

ethics-gradient: Anyway, this was no secret. Talk to any smart Irish man or woman in the last couple of years and they'd tell you their economy was even more overly dependent on property than ours here in the UK.

Yup. When we were there last year, we had a conversation with a fellow who was telling us how the current economic boom was fueled by construction, and he was very concerned that they'd soon see a collapse like had been seen in the past in other European countries.

Gobobo		2008-09-25 11:09:11 AM

cefm: Ahhhhh.....celebrating my cultural heritage

By adding ice?

/Sheesh.

stonent		2008-09-25 11:10:21 AM

If only they had a man with a revolutionary car (let's call him John) Who names it after himself to help rebuild their economy. Perhaps they could even make a movie where the said car is a focus.

bump		2008-09-25 11:11:12 AM

"Is it race-generalization Thursday?"

As the husband of an Irish woman, I could generalize that all Irish wives are frigid and afraid of the peen...

/qualified

rodeofrog		2008-09-25 11:11:20 AM

cefm: Ahhhhh.....celebrating my cultural heritage

Irish and mormon is no way to geo through life.

blkhwk86		2008-09-25 11:12:22 AM

cefm: Ahhhhh.....celebrating my cultural heritage

Whenever i celebrate either of my heritages(Polish or Irish), then the night starts going sour...quickly....like way too drunk. Well, i guess then they should do that. They'll soon forget all about the recession. Come to think of it, if they don't know what 'recession' means, they may try to attack the brits...

ethics-gradient		2008-09-25 11:12:27 AM

Ed Willy: England hasn't adopted the Euro yet, and is still fighting on some of the EU regulations (hint, don't want to trade pints of beer for liters).

England, and the rest of the UK hasn't adopted the Euro true, but we're still full members of the EU. We have to follow EU laws, we have EU standard passports, driving licences and even our car licence plates have been changed to "comply" in some vague way. So we're in the EU, for better or worse.

Oh, and cefm? Why you pissing in that glass?

AV Guy		2008-09-25 11:13:06 AM

Ed Willy:
England ... is still fighting on some of the EU regulations (hint, don't want to trade pints of beer for liters).

And God bless them for that!

/wait ... litre > pint
// blast you England!

Fact Man		2008-09-25 11:13:25 AM

As a person of Irish descent, I sit there and concentrate on trying to be offended by the "fighting drunks" stereotype. I can't. In the least.

Why is anybody ever offended by any stereotypes, ever? I can't imagine it.

Megsabelle		2008-09-25 11:16:43 AM

Going there next month for my honeymoon. I have nothing to contribute, really- just wanted to brag.

OldJames		2008-09-25 11:17:31 AM

Oldiron_79		2008-09-25 11:19:00 AM

No Family guy Irish museum stuff?

epoc_tnac		2008-09-25 11:19:25 AM

Megsabelle: Going there next month for my honeymoon. I have nothing to contribute, really- just wanted to brag.

You could brag if you were going there to get drunk, but a honeymoon? Enjoy your single pint at the Guinness museum, sucker.

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