I did notice one Croatian guy on their who’s obsessed with constantly insulting Ireland. Calling us all sorts etc yet he lived here for 4 years. I had a quick look at his history after constantly noticing him. He was embarrassed to bring his family to visit him etc. He posted a picture of someone who didn’t clean up after themselves at Dublin airport(probably himself)as well and made a drama of it. Posting stuff in Balkan subs about Irish people not liking their food then it was a pile on. Pretty much we’re just shit.
Measures of AIC do place Ireland at a similar level to Italy. Personally I don’t find that ludicrous. Italy is a rich country in decline living off the stock of wealth it has accumulated We were a poor country and now we are relatively Rich, the income floes are there but we haven’t accomplished the same stock of wealth as other western European countries rhat have had large economic flows of income for decades (not to even mention colonialism,)
I’d assume the Ireland is as poor as Italy comment was made by the sort of Brit who says things like ‘I once drove from Dublin to Cork, and all the roads were tiny and full of potholes’
I frequent both somewhat formal and banter Reddit Euro forums, not everyone likes Paddy, it’s a thing.
For the most part they’re Britnats who see us as shit on their shoe but there’s plenty of continentals who don’t like us for a variety of reasons be it corporation tax, neutrality or the GDP craic like above.
I of course remind Henry, Henri and Heinrich of the sins of their fathers and to stfu.
The great thing about being a tiny island nation on the edge of Europe is that, if people don’t like it, they can fuck off and never come back. Everyone’s happy 😃
Income and wealth are not the same thing. Income is a flow, wealth is a stock – an accumulated flow.
It is possible to be high income with low wealth, like Ireland.
Germany, NL, Denmark are high income with high wealth.
If it wasn’t for climate change, and if we were to have a century of prudent macro-economic management, in 2123, we could be talking about Ireland being a high income, high wealth country.
If you look at the meaningful wealth of the population. Home ownership is massively down amongst the under 40’s. Our GDP is so inflated by that we are the only country in Europe that has to post special GDP figures with an asterisk. Northern Italy is an extremely rich area on par with Germany. It’s the South the drags down Italian GDP.
Average Monthly take-home or net salary
Luxembourg: €3,650
Denmark: €3,500
Netherlands: €3,150
Ireland: €3,075
Sweden: €3,000
Austria: €2,900
Finland: €2,850
Germany: €2,750
France: €2,650 (tie)
Belgium: €2,650 (tie)
Spain: €1,850
Italy: €1,820
Cyprus: €1,800
Czechia: €1,520
Malta: €1,350
Slovenia: €1,350
Estonia: €1,300
Greece: €1,280
Portugal: €1,210
Lithuania: €1,195
Slovakia: €1,130
Poland: €1,050
Croatia: €1,000
Hungary: €930
Latvia: €890
Romania: €880
Bulgaria: €735
OP spends too much time online. Who cares?
I mean, we are one of the most unequal countries in the world pre-tax and that’s only counting income. We should be able to take a little criticism from others, we’re good enough at dishing it out to ourselves.
OP go to sleep
Unfortunately the valid criticisms of Ireland are often wrapped up in deeply nationalistic overtones. I had a Swedish friend once who lived here and then when I asked her what her view of it was, she said she found it dirty🥲
It’s certainly dirty! Compared to Sweden where literally in a small provincial university town I visited once you could eat your dinner off the street it was so clean! The thing is that the people who love Ireland are usually those who yearn for a less conformist society in their own country
Ireland is a wealthy nation comparatively. Whoever the 2nd commenter is there is actually wrong.
Is that r/Europe ?
Just a bit of copium from the terminally online. Smile, nod, and ignore.
For someone who like to do economic analysis. And also investors in companies. I wouldn’t take Irish economy as having any great potential.
IMO, all the PIIGS countries always have economy surviving on borrowed time. They all broke in 2010 crisis. They are gonna go broke whenever next crisis strikes again.
I am yet to know any great company came out of Ireland in last 2 3 decades. (Can count 2 or 3 maybe. Mid sized companies).
Most of the Irish economy is driven by American companies. Who are there only because of tax benefits. Lot of them are service sector companies. The innovation they do, isn’t going to stay in Ireland. As those organisations are run by Americans.
The work ethics of Irish people is not so great either. The irish state provide generous benefits (220 euro a week for unemployment. And some still whine about that). There is very little to motivate people to work.
Lot of money is made due to housing bubble. They keep housing price inflated to make people feel rich. There is no productivity behind it.
The economy.
It’s a deck of cards. Let the rate goes up. And it comes down.
And the Dubliners will be back to mama Merkel for asking more loans.
Was it r/Europe by any chance?
That sub is heavily right-wing and has been infested by Brexity English types for a long number of years now who’ve always hated us and that was exacerbated by how we stood up to them over the NI border and were backed by the EU and US and got our way.
So they’ve been attacking us online in any way they can. Unfortunately for them there’s very little avenue available to them to paint us as a moral evil in the world, unlike their own country at times, and so they settled on screeching about Ireland being economic/tax cheats.
Other right wing Europeans on the sub, always looking for a racist pile on, joined in and ran with it too.
I wouldn’t worry, it’s very easy to antagonise them and put them off their game if you’re inclined.
3000€ average and average rent is 1500€.
So you have 1500€ left to pay bills and stuff.
Not bad, but not rich either.
Which one is a lie ?
We are a wealthy nation. Our GDP is inflated because of companies passing assets and money through here
I used to have regular calls with colleagues based in Sweden and they were once excited to tell me how well Ireland must be doing, due to a recent report of the GDP.
GDP means absolutely nothing to people for the most part. It’s just how the state advertises it’s economy.
They’re not wrong. Our GDP figures are massively overinflated due to FDI, which is why it isn’t a useful figure for measuring per Capita income.
This is quite unique in the world and why our own central bank doesn’t even use GDP. From memory we use something like GNP* instead to take account of multinational flows.
There is significant income inequality in this country before social welfare redistribution. It’s often forgotten here
Ireland is a poor country. If we were a rich country things would be better around here and not emigrating loads.
Ayo that’s me 👋🏻
They’re not wrong.
Our GPD is massively inflated, to the point that theyve given our economy the name “lepracon economics”.
On paper, we are very wealthy. In practice, we arent. We arent desperately poor, but our governments poor management means were not in a stable position either.
Well there are huge inequalities. Just look up the Dolphin Barn flats on street view, you’d say you travelled back in time in the 80s in a communist vassal state.
Honestly just unsub from those sub-reddits. Youll be alot happier because you’ll never win, ever.
Those people have nothing else but to koan and groan and troll on those subs. You’re just enabling them and giving them ammo.
You could say the skies blue and theyd argue with you.
Quit those subs and be a bit happier for it.
The first post is correct: GDP as a metric has issues – it’s inflated by multinationals – and our own CSO prefers a *modified GNI* metric instead.
The second post is correct too.
I don’t see a problem here, these aren’t things to take personally.
28 comments
I did notice one Croatian guy on their who’s obsessed with constantly insulting Ireland. Calling us all sorts etc yet he lived here for 4 years. I had a quick look at his history after constantly noticing him. He was embarrassed to bring his family to visit him etc. He posted a picture of someone who didn’t clean up after themselves at Dublin airport(probably himself)as well and made a drama of it. Posting stuff in Balkan subs about Irish people not liking their food then it was a pile on. Pretty much we’re just shit.
Measures of AIC do place Ireland at a similar level to Italy. Personally I don’t find that ludicrous. Italy is a rich country in decline living off the stock of wealth it has accumulated We were a poor country and now we are relatively Rich, the income floes are there but we haven’t accomplished the same stock of wealth as other western European countries rhat have had large economic flows of income for decades (not to even mention colonialism,)
I’d assume the Ireland is as poor as Italy comment was made by the sort of Brit who says things like ‘I once drove from Dublin to Cork, and all the roads were tiny and full of potholes’
I frequent both somewhat formal and banter Reddit Euro forums, not everyone likes Paddy, it’s a thing.
For the most part they’re Britnats who see us as shit on their shoe but there’s plenty of continentals who don’t like us for a variety of reasons be it corporation tax, neutrality or the GDP craic like above.
I of course remind Henry, Henri and Heinrich of the sins of their fathers and to stfu.
The great thing about being a tiny island nation on the edge of Europe is that, if people don’t like it, they can fuck off and never come back. Everyone’s happy 😃
Income and wealth are not the same thing. Income is a flow, wealth is a stock – an accumulated flow.
It is possible to be high income with low wealth, like Ireland.
Germany, NL, Denmark are high income with high wealth.
If it wasn’t for climate change, and if we were to have a century of prudent macro-economic management, in 2123, we could be talking about Ireland being a high income, high wealth country.
If you look at the meaningful wealth of the population. Home ownership is massively down amongst the under 40’s. Our GDP is so inflated by that we are the only country in Europe that has to post special GDP figures with an asterisk. Northern Italy is an extremely rich area on par with Germany. It’s the South the drags down Italian GDP.
Average Monthly take-home or net salary
Luxembourg: €3,650
Denmark: €3,500
Netherlands: €3,150
Ireland: €3,075
Sweden: €3,000
Austria: €2,900
Finland: €2,850
Germany: €2,750
France: €2,650 (tie)
Belgium: €2,650 (tie)
Spain: €1,850
Italy: €1,820
Cyprus: €1,800
Czechia: €1,520
Malta: €1,350
Slovenia: €1,350
Estonia: €1,300
Greece: €1,280
Portugal: €1,210
Lithuania: €1,195
Slovakia: €1,130
Poland: €1,050
Croatia: €1,000
Hungary: €930
Latvia: €890
Romania: €880
Bulgaria: €735
OP spends too much time online. Who cares?
I mean, we are one of the most unequal countries in the world pre-tax and that’s only counting income. We should be able to take a little criticism from others, we’re good enough at dishing it out to ourselves.
OP go to sleep
Unfortunately the valid criticisms of Ireland are often wrapped up in deeply nationalistic overtones. I had a Swedish friend once who lived here and then when I asked her what her view of it was, she said she found it dirty🥲
It’s certainly dirty! Compared to Sweden where literally in a small provincial university town I visited once you could eat your dinner off the street it was so clean! The thing is that the people who love Ireland are usually those who yearn for a less conformist society in their own country
Ireland is a wealthy nation comparatively. Whoever the 2nd commenter is there is actually wrong.
Is that r/Europe ?
Just a bit of copium from the terminally online. Smile, nod, and ignore.
For someone who like to do economic analysis. And also investors in companies. I wouldn’t take Irish economy as having any great potential.
IMO, all the PIIGS countries always have economy surviving on borrowed time. They all broke in 2010 crisis. They are gonna go broke whenever next crisis strikes again.
I am yet to know any great company came out of Ireland in last 2 3 decades. (Can count 2 or 3 maybe. Mid sized companies).
Most of the Irish economy is driven by American companies. Who are there only because of tax benefits. Lot of them are service sector companies. The innovation they do, isn’t going to stay in Ireland. As those organisations are run by Americans.
The work ethics of Irish people is not so great either. The irish state provide generous benefits (220 euro a week for unemployment. And some still whine about that). There is very little to motivate people to work.
Lot of money is made due to housing bubble. They keep housing price inflated to make people feel rich. There is no productivity behind it.
The economy.
It’s a deck of cards. Let the rate goes up. And it comes down.
And the Dubliners will be back to mama Merkel for asking more loans.
Was it r/Europe by any chance?
That sub is heavily right-wing and has been infested by Brexity English types for a long number of years now who’ve always hated us and that was exacerbated by how we stood up to them over the NI border and were backed by the EU and US and got our way.
So they’ve been attacking us online in any way they can. Unfortunately for them there’s very little avenue available to them to paint us as a moral evil in the world, unlike their own country at times, and so they settled on screeching about Ireland being economic/tax cheats.
Other right wing Europeans on the sub, always looking for a racist pile on, joined in and ran with it too.
I wouldn’t worry, it’s very easy to antagonise them and put them off their game if you’re inclined.
3000€ average and average rent is 1500€.
So you have 1500€ left to pay bills and stuff.
Not bad, but not rich either.
Which one is a lie ?
We are a wealthy nation. Our GDP is inflated because of companies passing assets and money through here
I used to have regular calls with colleagues based in Sweden and they were once excited to tell me how well Ireland must be doing, due to a recent report of the GDP.
GDP means absolutely nothing to people for the most part. It’s just how the state advertises it’s economy.
They’re not wrong. Our GDP figures are massively overinflated due to FDI, which is why it isn’t a useful figure for measuring per Capita income.
This is quite unique in the world and why our own central bank doesn’t even use GDP. From memory we use something like GNP* instead to take account of multinational flows.
There is significant income inequality in this country before social welfare redistribution. It’s often forgotten here
Ireland is a poor country. If we were a rich country things would be better around here and not emigrating loads.
Ayo that’s me 👋🏻
They’re not wrong.
Our GPD is massively inflated, to the point that theyve given our economy the name “lepracon economics”.
On paper, we are very wealthy. In practice, we arent. We arent desperately poor, but our governments poor management means were not in a stable position either.
Well there are huge inequalities. Just look up the Dolphin Barn flats on street view, you’d say you travelled back in time in the 80s in a communist vassal state.
Honestly just unsub from those sub-reddits. Youll be alot happier because you’ll never win, ever.
Those people have nothing else but to koan and groan and troll on those subs. You’re just enabling them and giving them ammo.
You could say the skies blue and theyd argue with you.
Quit those subs and be a bit happier for it.
The first post is correct: GDP as a metric has issues – it’s inflated by multinationals – and our own CSO prefers a *modified GNI* metric instead.
The second post is correct too.
I don’t see a problem here, these aren’t things to take personally.