“The size of the economy is still significantly bigger than it was a year ago, the numbers from the CSO show.”
Why when there’s article’s like this do they compare COVID time to now of course it is better now then back then
Honey I shrunk the economy 🤷♂️🎉
You’ll see the likes of Portugal going belly up before we ever will.
If those kinds of countries start to shit their pants then we can worry.
Cause nobody can afford rent and to pay 9€ for a chicken roll!
No shit everyone’s cutting back on things because of price increases.
Spiralling housing, rent and mortgage servicing costs is going to give a severe kick in the goulies to domestic demand. Mortgage interest relief, rent relief and possibly a strategic cut in VAT could help straighten the ship.
Since none of you are actually going to read the article, it’s GDP and it fluctuates with MNC activity. Doesn’t really seem too alarming.
Didn’t it shrink in the last month’s of last year after the estimates were properly counted. Does this mean we are officially in a recession
Big Mick McGrath there looks like he’s enjoying himself though, and that’s the main thing at the end of the day.
Our GDP figures are pretty much meaningless though.
Fuckin duh.
Between taxes and bills, everyone’s running out of money, skilled workers are leaving the country.
I mean Jesus, someone needs to site the government down and explain economics to them.
Can someone explain to me like I’m 5 what exactly GPD is. Thanks.
Interest rates go up – credit is less obtainable – people have less disposable income – Inflation slows – people save up cash – prices drop – people start spending cash – inflation – Interest rates go up.
17 comments
WOOOO!!!
The recession session is on!!!
Keep the recovery going
[deleted]
“The size of the economy is still significantly bigger than it was a year ago, the numbers from the CSO show.”
Why when there’s article’s like this do they compare COVID time to now of course it is better now then back then
Honey I shrunk the economy 🤷♂️🎉
You’ll see the likes of Portugal going belly up before we ever will.
If those kinds of countries start to shit their pants then we can worry.
Cause nobody can afford rent and to pay 9€ for a chicken roll!
No shit everyone’s cutting back on things because of price increases.
Spiralling housing, rent and mortgage servicing costs is going to give a severe kick in the goulies to domestic demand. Mortgage interest relief, rent relief and possibly a strategic cut in VAT could help straighten the ship.
Since none of you are actually going to read the article, it’s GDP and it fluctuates with MNC activity. Doesn’t really seem too alarming.
Didn’t it shrink in the last month’s of last year after the estimates were properly counted. Does this mean we are officially in a recession
Big Mick McGrath there looks like he’s enjoying himself though, and that’s the main thing at the end of the day.
Our GDP figures are pretty much meaningless though.
Fuckin duh.
Between taxes and bills, everyone’s running out of money, skilled workers are leaving the country.
I mean Jesus, someone needs to site the government down and explain economics to them.
Can someone explain to me like I’m 5 what exactly GPD is. Thanks.
Interest rates go up – credit is less obtainable – people have less disposable income – Inflation slows – people save up cash – prices drop – people start spending cash – inflation – Interest rates go up.
The never ending financial merry go round.
Newton’s law. What goes up, must come down