Is The Economy Just Now Falling Apart

Anderson

Anderson

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Coal Gas and peat said:
Property tax going up in Dublin brought to you by fg/ff/greens/Labour who have hitched their wagons together on Dublin city council
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Won't be long till it's as bad here as it is in the UK, I think the average over there is about 2k per household.

Ireland is in a death spiral, time to get out I feel.
 
Anderson

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Coal Gas and peat said:
Where could you go that's not as fucked at here ? Caribbean maybe
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Been thinking for a long time now to get out and go to somewhere like Spain, Portugal even Italy.

Sell up, and purchase a nice property in a remote area, at least id have the sun on my back instead of paying overpriced energy costs.
 
PlunkettsGhost

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Anderson said:
Been thinking for a long time now to get out and go to somewhere like Spain, Portugal even Italy.

Sell up, and purchase a nice property in a remote area, at least id have the sun on my back instead of paying overpriced energy costs.
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There can be double standards on foreigners in Spain, in terms how they are treated by Local municipalities. Loo into it.

I know some folk who went to Portugal tho.
 
Declan

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Anderson said:
Won't be long till it's as bad here as it is in the UK, I think the average over there is about 2k per household.

Ireland is in a death spiral, time to get out I feel.
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Would it be suicidal to buy property and n ireland at this time. I am thinking of buying a rural pub to have my own private pub??????
 
Mad as Fish

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jpc said:
Interesting read on the cashless society transition in Sweden.

fortune.com

Why going cashless has turned Sweden from one of the safest countries into a high-crime nation | Fortune Europe

In just a decade fraud has almost doubled from just under 9,000 to over 23,000 in 2023.
fortune.com fortune.com
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Grand ideas from governments once again being scuppered by that damned stuff called reality.

The bigger and more revolutionary these ideas are, the greater and more damaging their inevitable failure,
 
Mad as Fish

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Things are not looking too bright in that golden utopia otherwise known as Silicon Valley -

Meta has let go of at least 21,000 workers, while Google has handed pink slips to hundreds of employees across San Francisco, Sunnyvale and Mountain View.

Let us not forget that thousands are employed in Ireland by big tech as well, what if the unthinkable happens and it spreads across the pond?

www.sfgate.com

Laid-off tech workers advised to sell plasma, personal belongings to survive

Unemployed Bay Area tech workers are desperate to find jobs, but it's becoming more difficult than ever to find full-time opportunities with benefits.
www.sfgate.com www.sfgate.com
 
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Ruck Da Fules!

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Mad as Fish said:
Things are not looking too bright in that golden utopia otherwise known as Silicon Valley -

Meta has let go of at least 21,000 workers, while Google has handed pink slips to hundreds of employees across San Francisco, Sunnyvale and Mountain View.

Let us not forget that thousands are employed in Ireland by big tech as well, what if the unthinkable happens and it spreads across the pond?

www.sfgate.com

Laid-off tech workers advised to sell plasma, personal belongings to survive

Unemployed Bay Area tech workers are desperate to find jobs, but it's becoming more difficult than ever to find full-time opportunities with benefits.
www.sfgate.com www.sfgate.com
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Inevitable with the growing use of AI I think.
 
Mad as Fish

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Ruck Da Fules! said:
Inevitable with the growing use of AI I think.
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On the AI front I'm getting the vibes that it's not all that its cracked up to be. Like everything else once you start digging below the surface it gets to be a different story. It was put to me like this - You and I know what a cup and saucer are, and we know how to pour tea, but AI hasn't a clue, they are just words that may be reassembled using references to them it has found elsewhere. The words mean nothing, there is no understanding, these are not conscious machines capable of making a decision.

The AI lustre will fade soon enough.
 
Mad as Fish

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More on the link below (may need to translate).

It appears that 40 banks have collapsed and Jiangxi was the largest of them. I should think the Chinese yuan printing presses are being run into the ground as we speak.

halturnerradioshow.com

China's Jiangxi Bank FAILS - Depositors Storm the Bank HQ Demanding their money!

Over the past week, a Banking catastrophe has unfolded inside China, with FORTY (40) Banks Failing and having to be absorbed by other banks....
halturnerradioshow.com halturnerradioshow.com
 
Declan

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www.express.co.uk

France 'on the brink of financial meltdown' as 'rich to flee over 90% tax'

EXCLUSIVE: A top banking expert has warned the "deadlock" facing France could push the nation into financial crisis - while others have warned French high earners will flee the country.
www.express.co.uk www.express.co.uk

With the recent elections, both France and Britain can join Germany as being write offs. Invesrtors have got to be eying the exits and the rush could happen at any minute
 
Declan

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www.yahoo.com

What Happens When Your Bank Isn’t Really a Bank and Your Money Disappears?

For close to a century, putting your savings into a federally insured bank has been a sure thing: If the institution fails, up to $250,000 of your money will be protected. What if it isn’t anymore? The promise of bank insurance — a tenet of U.S. consumer protection since the Great Depression —...
www.yahoo.com www.yahoo.com

About a hundred million people are seriously screwed in this contry if not twice that
 
C

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Declan said:
www.express.co.uk

France 'on the brink of financial meltdown' as 'rich to flee over 90% tax'

EXCLUSIVE: A top banking expert has warned the "deadlock" facing France could push the nation into financial crisis - while others have warned French high earners will flee the country.
www.express.co.uk www.express.co.uk

With the recent elections, both France and Britain can join Germany as being write offs. Invesrtors have got to be eying the exits and the rush could happen at any minute
Click to expand...
Fuck Em and Fuck The EU Reich that they will Bring Down ! ! !
 
SeekTheFairLand

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Declan said:
www.express.co.uk

France 'on the brink of financial meltdown' as 'rich to flee over 90% tax'

EXCLUSIVE: A top banking expert has warned the "deadlock" facing France could push the nation into financial crisis - while others have warned French high earners will flee the country.
www.express.co.uk www.express.co.uk

With the recent elections, both France and Britain can join Germany as being write offs. Invesrtors have got to be eying the exits and the rush could happen at any minute
Click to expand...
My problem is what i do with all my cash when i take it out. Dunno if this house is large enough to store it. Buy gold, yes.. but where will i get a forklift?
 
Declan

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I paid a few bills today, my balance is $84 dollars in the banking system so I will not be crying much.
 
Mad as Fish

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SeekTheFairLand said:
My problem is what i do with all my cash when i take it out. Dunno if this house is large enough to store it. Buy gold, yes.. but where will i get a forklift?
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Transport infrastructure is the place to invest it. Send me the money and I’ll forward the deeds to a major river crossing in New York.
 
Declan

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Looks like the technology buble could be bursting with facebook down 6%. Now panic or anything, that would toward the end of the second down day at these levels. Rough day tomorrow would set up a lot of people fleeing friday
 
Mad as Fish

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Declan said:
Looks like the technology buble could be bursting with facebook down 6%. Now panic or anything, that would toward the end of the second down day at these levels. Rough day tomorrow would set up a lot of people fleeing friday
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The magic of AI is fading fast, billions were poured into it and there is now no foreseeable payback. it won't help the tech sector.
 

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