Os últimos números de emprego, então, ouvimos que a Irlanda está se recuperando8221, me disse uma amiga francesa na noite passada. (Lembre-se, eles disseram algo semelhante no verão de 2010. Nosso governo tem um incentivo para vender a boa notícia irlandesa e 8220Europa8221 tem um incentivo para comprá-lo.) Então, aqui estão os dados de emprego mais recentes, relatando a maior temporada Ajustou a queda trimestral no emprego em dois anos, e que certamente merece um fio próprio. Compartilhe isso: assim: 79 pensamentos sobre ldquo As últimas figuras de emprego do Homem Ordinário dizem: É com estatísticas como essa que você perdeu a análise única de JTO8217s. Pare de mal-estar John 8211 Seu país precisa de você Eu vou usar o teorema de Bayes para tentar analisar isso e descobrir Probabilidade (somos fodidos devido a esses números de desemprego) Uma simples transformação de bayes dá o equivalente a: Probabilidade (veríamos esses números de desemprego Dado que estamos fodidos) x Probabilidade (estamos fodidos) Probabilidade (nós teríamos esses números de desemprego) Agora vou fazer os seguintes pressupostos (eu sou um Atuário) (i) Probabilidade de que estamos fodidos a qualquer momento é provavelmente cerca de 201 ou 5 (evento da cauda) (ii) Probalidade, veríamos esses números de emprego (pelo menos, isso é ruim) se tivéssemos fodido deve ser pelo menos 75 (iii) Probabilidade independente que veríamos esses números em qualquer momento é provavelmente em torno de 101 (não Um bom evento de cauda, eu diria, mas muito ruim se pior em 2 anos) Conecte as figuras para obter: Probaility estamos fodidos 37,5 Feliz Natal para todos e para a noite boa. Se o aperto em ambas as extremidades continuar (os números no emprego caindo e o número de desempregados aumentando), algo sem dúvida tem que dar. Pergunto-me o que isso pode ser Provavelmente, várias coisas: os reembolsos de hipotecas e empréstimos, os gastos dos consumidores, o crescimento econômico, a coesão social, a tomada de impostos continuam adicionando à medida que ocorrem com você. O Homem Ordinário diz: Mantenha-o simples. Aumento de 46 mil em desempregados. Supondo que cada pessoa que gaste em média 10.000 euros por ano (192 euros por semana) na economia doméstica anteriormente diminuiu 460.000.000 de euros em gastos locais. Além do movimento humano do contexto. Discutir relativo das receitas do governo e das projeções de crescimento para 2012 e impacto no próximo Orçamento. O Windows de todas as lojas no centro da cidade começará a dar como as pedras começam a ser jogadas para eles. As lojas no centro da cidade também começarão a dar TVs gratuitas, etc., enquanto as pessoas atravessam as janelas quebradas e levam coisas de graça. É necessária uma mudança de política radical. Hope Govt é 8220 aceitando it8221. A maneira atual não está funcionando. Pressão de construção na sociedade. O trabalho será dizimado se isso continuar (será quase tão baixo quanto os Verdes). Espero que o encontro com Osborne seja sobre o planejamento de contingência pós-Euro e que nos ajude no eixo americano-anglo. Shay Begorrah diz: Mais lágrimas. Tivemos um desemprego mais alto na década de oitenta e nós conseguimos, então, não obtivemos a Irlanda, a Irlanda concordou em um compromisso com a austeridade com seus parceiros europeus e decidimos (totalmente por conta própria) ajudar a preservar o setor financeiro europeu, mantendo nossos serviços bancários Compromissos financeiros das instituições. Sempre haveria conseqüências. Agora, se alguns mais jovens acabam com o maior presente de todos (tempo livre), quem devemos nos queixar. No final, a realidade para a Irlanda e os idosos envelhecendo e confortavelmente fora da classe política, jornalística e administrativa eram claras. Eles tiveram que tomar decisões difíceis, e a decisão difícil que escolheram foi continuar fazendo o que lhes foi dito. Se a Alemanha está disposta a sacrificar a saúde do seu menor pago pelo euro, e nos vemos principalmente como parceiros da Alemanha no primeiro projeto da Eurozona, e, pela nova lógica da competição de amoralidade aumentada 82221, não temos escolha senão fazer o mesmo. Todos os outros caminhos levam a degradar o recurso mais precioso que qualquer homem tem, seu dinheiro. Homem comum diz: Atuário e PR Guy. 1 em todos os aspectos. Can8217t aguarde para ouvir o mais recente de Blind Biddy. It8217s NUTS 82308230823082308230 O que eles não entendem Estas pessoas falam cerca de 250 euros por ano como se não fosse nada para ninguém no estado. Que 5 euros por semana é um orçamento difícil 8282 para a semana. 8220 Agora, se alguns mais jovens acabam com o melhor presente de todos (tempo livre) quem devemos queixar8221 Tempo livre Certamente, você deve dizer que você quer dizer bilhete de avião livre 8216. Deixe 8217 ouvir um 8216Ho ho ho8217 para o elogio de Natal. 8220Algo indubitável tem que dar8221. Na verdade, o Acordo do Croke Park. Os números são terríveis, sendo que o índice verdadeiro de saúde de qualquer economia é a taxa de desemprego, Q3 em 14,8. A taxa de desemprego não ajustada aumentou de 13,9 para 14,8 ao longo do ano até o terceiro trimestre de 2011. A taxa de desemprego masculino foi de 17,6 e a taxa de desemprego feminino foi de 11,5 O trimestre, acima de 16,8 e 10,2, respectivamente, um ano antes. Ver tabelas 1a e 1b.8221 A realidade é pior do que essas figuras. Muitos jovens na educação que esperam empregos quando saem. Muito mais aterradora é o fato de que muitas empresas estão segurando a pele de seus dedos. 2012 deve revelar-se muito mais devastador do que qualquer coisa vista nesses números. Além disso, em 2012, o setor de serviços financeiros bancários deve começar seu cancelamento vencida. Os cortes no serviço público acelerarão a queda descendente. Nas indústrias de varejo e hospitalidade, devemos ver fechamentos endêmicos em relação a 2012. Os hotéis, restaurantes e turismo são especialmente vulneráveis em uma queda em uma moeda alta. Alteração de percentil anual interessante abaixo, respostas para o Tratado Compacto aqui: Mudança Anual, Grécia -0,8, Irlanda -0,7, Holanda -0,7 Os números estão indo para o sul. Outro aspecto perturbador dos números é que continua a haver migração interna de pessoas para atender a vagas de emprego nas multinacionais, porque as habilidades de nível educacional de idioma não estão disponíveis localmente. Assim, os padrões de migração podem ver esses níveis de desemprego em pior luz. Com a perspectiva de que o compacto seja interrompido em seus referências através da EMZ, as mudanças limitadas e irrisórias propostas que ignoram a crise da dívida, I8217m certo até mesmo o Merkozy sabe neste momento, der euro ist fertig, o euro está terminado. Nós temos o A oportunidade de deixar o euro, limpar nosso ato, desvalorizar, diminuir nossos custos, estimular o turismo, falar com os chineses, a Ásia, fazer com que seus turistas estejam assim a Londres. Espero que Laurel e Hardy hoje tenham algum KopOn e usem todos os inteligentes restantes que tenham que ouvir o excelente chanceler britânico do Reino Unido e David Cameron PM para resgatar a Irlanda dos maxilares da doom beckoning da zona do euro. The Dork of Cork diz: Irlanda Investimento catastrófico Escolhe nenhum controle sobre sua moeda. Eu me sento e assisto a toda a estratégia de energia da Irlanda. Eu quero chorar. Substituindo o carregamento de cargas de carvão com alto valor de gás, mesmo que seja queimado em CCGTs, como parece estar acontecendo com o Money Point que não funciona em plena capacidade nos últimos anos é um desperdício criminal de recursos com grandes custos de oportunidade construídos a longo prazo no sistema. A situação em N. I. É ainda pior. 8211 com investimento de capital mínimo em você, o mais importante de utilitários. En. wikipedia. orgwikiKilrootpowerstation Eles gostam de nós desejamos desativar a tecnologia dos anos 70 e substituí-lo por uma forma de loucura graças à ajuda do ESB para que os bancos possam voltar à normalidade de produzir crédito de ópio novamente. Eu penso que eles estão morando em uma terra de cuco na nuvem. A JTO gostaria que você acreditasse que o aumento do seu PIB ao pagar mais pela energia final melhora seu padrão de vida, mas, obviamente, não. É apenas uma fetiche do PIB. Se mais um pouco mais do nosso dinheiro entrar em nos manter aquecidos, cada vez menos dinheiro flui em trabalhos relacionados ao serviço, é tão simples quanto isso em muitos aspectos. Nossa estratégia energética nem sequer é adequada para um grande exportador de gás com a Noruega obtendo a maior parte de sua eletricidade a partir de Hydro altamente de capital intensivo. É verdade que tira o cabelo para fora do tempo. Ahura Mazda diz: Bem, eu ainda aguento minhas esperanças no plano da Economia Inteligente. Menos ambicioso do que a economia do conhecimento, mas ainda planejava criar empregos de 150k até 2015. Aqui está uma publicação do momento do anúncio: irisheconomy. ieindex. php20100928trading-and-investing-in-a-smart-economy Ordinário Man diz: ainda não 8211 eles precisam da estrutura para continuar a implementação 8217. Demasiado o interesse 8217 para o CS, de qualquer grau, no status quo, desde que haja 8216cold wind8217 soprando lá fora. Para registro, eu não sou um 8216block, tudo no CS.8217 Bring Back JTO diz: ESB anunciará 1000 cortes de empregos em 2012 (700 VS 300 não substituições) e um congelamento de recrutamento. Assim, os empregos não morosos de 8217 são usados em Serviços Financeiros, energia, serviço público, construção ou varejo. Deixando o que, o Google e alguns NMC de tecnologia da tecnologia empregam um punhado de diplomados. FarmingAgri-business pode fazer tudo bem. Turismo talvez. Ludwig Heinrich Edler diz: cantado ao som de Simon e Garfunkel Sra. Robinson Onde você foi John o Otimista Nossa nação transforma seus olhos solitários em você Ah woo hoo hoo Estas são as estatísticas mais importantes do país e eu desespero da Resposta política até agora. Eu sou honesto e digo que eu não sinto falta de JtO tanto quanto outros pôsteres, mas acho que um desconto mais robusto sobre as políticas do mercado de trabalho poderia ser feito em tópicos como este. Apesar da evidente e óbvia falta de demanda por empregos, todas as recomendações de políticas continuam a ser consertadas com medidas de ativação para melhorar 8216supply8217. Essa obsessão com as políticas do mercado de trabalho do lado da oferta é premissa, seja ela feita de forma explícita ou não, com uma crença normativa de que o estado não pode e não deve entrar em nenhum tipo de gerenciamento de demanda. No entanto, no meio de uma profunda recessão, não é a estrutura das habilidades que importa, mas a organização do trabalho. Tenha em mente que isso seria muito pior se não tivéssemos migração externa, de qualquer nível e de qualquer nacionalidade inicial que esses migrantes externos pudessem ter sido. Ao longo dos 90 anos de independência irlandesa, persistentemente não conseguimos fazer a simples e simples coisa de oferecer oportunidades para crianças. Ouça atentamente alguns dos mais altos níveis da mídia, do serviço civil e do governo, se você se envolver em um debate sobre o desemprego e a migração, mais cedo ou mais tarde, as maravilhas do Skype aparecerão, sendo a implicação porque agora podemos fazer o Skype ou crianças isso Torna-se de alguma forma bem, muito melhor do que quando tivemos que confiar em um aero gram. Politicamente, os maiores Benefícios e também a maior maldição que já tivemos foi a existência de um mercado de trabalho integrado com o Reino Unido. Se não tivéssemos tido isso em algum momento, a tampa teria saído do pote e teríamos tido um olhar duro e decente sobre o que era que queríamos que a nossa sociedade fizesse Dois dias de atraso para uma discussão sobre o desemprego é melhor tarde do que nunca, mas Dificilmente provocará a emoção e o google pelo material que os mercadores de Merkel ou Sarkozy desencadeariam. Tenho a impressão de que a questão do desemprego geralmente recebe muito mais atenção dos economistas e da mídia nos EUA, em um sentido relativo, do que na Irlanda. Na linha de 8216 boa notícia8217, a linha it8217s ficou paralisada, mas em agosto de 2010, quando a SampP alertou sobre um possível downgrade, a NTMA foi balística. Tal como aplicado durante o boom, acreditamos na nossa própria propaganda. Então, nos tornamos 8216competitive8217 com base em dados unitários de custos trabalhistas que não são um guia confiável para a competitividade. Além disso, fora dos mercados de commodities, o preço raramente é o único fator em um negócio de exportação. Mais esquemas de incentivos na ausência de mudança de mentalidade a nível político, serão apenas vestimentas. No treinamento, quem poderia ter confiança de que o sucessor planejado para FS seria diferente do gigante do amiguismo que essa agência se tornou. Basicamente, as despesas públicas do dia a dia não podem ser atendidas pelas receitas (apenas 1 exemplo chato de excesso há cerca de 50 dif no pagamento e despesa de um MP sueco e TD 8212 TDs independentes recebem mais de 200 mil em um imposto especial sem impostos Presente sobre um termo parlamentar que foi introduzido em 1997 e assim por diante) a agricultura está passando com muitos agricultores felizes com o subsidio público médio de 94 de renda 8211 8211 as vendas de terras são muito baixas, sugerindo que a renda é adequada para cerca de US $ 20 e médicos As empresas de dispositivos são responsáveis pela maioria das exportações de bens. Não há novos empregos líquidos de gastos com IED em ciência, pois 2007 é cerca de 10 bilhões e, como parece, após 60 anos de suporte a empresas públicas, muito pouco se sabe sobre as empresas. Não há dados sobre as taxas de sobrevivência e nenhum estudo longitudinal para informar a tomada de decisão. Em comparação com os recursos da Iceland8217s, Ireland8217s é principalmente esperança. A resposta até agora ao desastre foi inadequada e o Sr. Market causou estragos na parte não-IED do setor privado, enquanto em outros lugares, apesar do sentimento de vitimização, tem sido amplamente comercializado como de costume. Os tribunais estão repletos de casos em que o DPP reduziu ligeiramente as taxas e o ditto para o sistema de seguro de saúde e o bem-estar que ele fornece. Um retorno ao crescimento doméstico e recuperação da construção, dado seus vínculos, teria o maior impacto. Então, como você aumentaria a demanda doméstica hoje Johnny Foreigner diz: Se você quer um bom exemplo de como o mal (desculpe a hipérbole, mas acho apropriado), a influência do CPA tornou-se considerada. No dia 1 de janeiro, um grande número de professores das universidades irlandesas receberá um aumento salarial de mais de 6.000 euros. Em alguns casos, isso levará seu pagamento até 146.000 euros. Muitas dessas pessoas estão envolvidas na pesquisa 8217, que tem o mesmo status de jardinagem ou de tricô, um passatempo agradável se você estiver nesse tipo de coisa (qualquer pessoa para etnologia). Se você quer saber o quão louco este estado de coisas tornou-se, dê uma olhada neste anúncio de trabalho: esses números são sombrios. Para não conter demais o meu próprio trabalho, esse gráfico em particular mostra a tendência incrível na composição dos desempregados de longa duração, que agora representam 56 do desemprego total: irisheconthoughts. files. wordpress201112image13.png Outros pontos preocupantes são os fortes Tendência descendente na taxa de participação, agora 60,4 v 61,2 há um ano (você precisa graficar isso em vez de olhar para o lançamento, it8217s muito cíclico), o desemprego juvenil e as medidas estendidas de desemprego, que incluem trabalhadores subempregados e desencorajados. As pessoas pensam que a rigidez salarial enfatizada por Krugman há alguns dias é ter um grande impacto no emprego. Minha visão é que ele é um fator, mas não um grande. O que temos é um problema de demanda agregada, simples e simples. O uso de PAMTs e a reforma dos benefícios ajudará, mas apenas até certo ponto. Apenas escaneado Prefácio 82308221 Entre agora e 2015, o ESRI espera que o PIB cresça em cerca de 3 por ano.8221 OOOPs O ESRI consegue fazer as coisas errar um pouco, don8217t eles :) Muito em breve, o único visitante da Irlanda será alguém Nome do Comissário Ollie Rehn. Junto com os economistas da ESRI, é claro, apenas as pessoas que trabalham aqui serão Teddy TD8217s em Dil ireann Ollie8217. Seremos exigentes que mudemos o nome, a Irlanda, para PollyannaMan. I8217m com certeza podemos vencê-lo de volta para concordar com um compromisso mais otimamente cego, o RollieEuroFine. Certifique-se de incluir o 8216e8217 acima. Sim, concordou, um retorno ao crescimento doméstico e construção teria o maior impacto. Por conseguinte, todo o foco nas empresas em fase de arranque, empresas de exportação, activação e RD terá um impacto mínimo, se for caso disso, nos trabalhos. A Irlanda não é a Alemanha, em que o emprego é impulsionado por grandes empresas de exportação (o que, obviamente, é o resultado de um mercado historicamente politicamente organizado). A Irlanda apenas mantém o pleno emprego quando existe um boom na demanda doméstica. O setor público e a construção mantiveram o pleno emprego em um mercado de trabalho doméstico com pão. Os serviços de varejo e domésticos, em um período de crescimento, desde 19908217, compensaram o rápido aumento das taxas de participação feminina. Pelo menos, reconhecer que o pleno emprego só é possível com um aumento na demanda doméstica é um passo na direção certa. Eu aumentaria a demanda doméstica evitando o fetiche de austeridade perseguido pelo governo. Todo o ajuste fiscal deve ser projetado para evitar uma nova contração na demanda doméstica. Ocorreu o contrário. Portanto, qualquer pessoa que é séria em resolver a crise do emprego não pode comprar a obsessão de reduzir o déficit orçamentário. Deve ser focado no aumento do lado do crescimento da relação dívida-PNB. Em segundo lugar, eu imediatamente estabeleceria o banco de investimento estratégico. Sean O8217Rian e outros descreveram a importância disso. Em terceiro lugar, tomaria sério a política industrial. Isto incluiria uma insistência de que o setor de multinacionais norte-americanas faça um pouco, como outros países europeus, tomando um público em relação ao papel na coordenação de estratégias industriais que vinculam o setor doméstico com o setor exportador. Assim, precisamos construir instituições econômicas para coordenar o mercado em direção aos objetivos finais públicos. No final, trata-se de saber se o estado deve deixar a alocação de recursos econômicos existentes para o mercado ou direcioná-los politicamente para o pleno emprego. Isso, é claro, é totalmente estranho para qualquer pessoa treinada em economia de mercado. Eu não estou de acordo com o que você diz, mas o fato é que nós não temos a opção de não conseguir redução de déficit (ausente da mudança soberana soberana de moeda, etc.). Temos uma grande restrição de política em que temos que trabalhar dentro, então a questão então se torna como podemos reduzir o déficit na maneira mais doméstica de uso amigável. Rory Mc Monagle diz: "Uma idéia para aumentar o mercado de empregos, mas não é bom em O curto prazo. Aumente as taxas em cursos de graduação que não equipará os alunos com as habilidades necessárias para o mercado atual8217s. Além disso. A Irlanda precisará de algum tipo de inadimplência na dívida bancária, de modo que todo o dinheiro morto colocado em um banco morto pode ser usado em outros lugares para obter um melhor retorno. Eu acho que o primeiro ramo da árvore de decisão exige mais um pensamento sobre o 8211, ou seja: Será melhor que não busquemos redução do déficit e que tenhamos que suportar a inadimplência soberana e a nova moeda (mais o caos do euro resultante) Seríamos melhores para prosseguir a redução do déficit com o resultado Restrições. Uma vez que é decidido, você pode seguir a melhor maneira de seguir qualquer uma das políticas. Na prática, não tomamos a decisão (talvez seja o referendo mas eu duvido). Então, estamos em um padrão de espera por alguns meses até que a primeira pergunta seja decidida para nós em algum momento em 2012 com sorte (o mais cedo, melhor). Eu não me preocuparia demais com a parte (ii) até sabermos mais sobre a parte (i). Melhor tempo de gastos planejando recursos para resultados de (i). Eamonn Moran diz: Este pode ser o melhor artigo de economia que já li. A grande coisa sobre o autor é uma maneira simples de explicar coisas importantes e chegar ao coração de um problema rapidamente. Mais sobre Noonan (desculpas para fora do tópico): 8220 Qualquer referendo seria uma votação sobre a adesão ao euro8221. Assim, o Ministro das Finanças está definitivamente dizendo (ele está mentindo, mas ainda) que existe uma probabilidade não zero de que não estaremos no Euro próximo Ano deve fazer maravilhas para depósitos bancários Johnny Foreigner diz: corte os salários do setor público o suficiente para permitir que a USC seja abolida. A Irlanda está passando por um resgate de classe mundial. Eu ouço isso o tempo todo. Muito mais forte que Portugal ou a Grécia. 8220 E apenas 82% do desemprego 8220 é a outra etapa do argumento. 14 jogadores de futebol das equipes de futebol de Williamstown8217s agora vivem na Austrália. Dano colateral Embora os números sejam, sem dúvida, muito decepcionantes, deve-se notar que havia cerca de 5.000 funcionários temporários do Censo de 2011, que teriam sido apanhados no segundo trimestre e poderiam representar cerca de um quarto da queda no emprego. Qualquer política que possamos fazer agora, dentro das restrições de redução do déficit, também seria útil no caso da opção nuclear. Se nós formos a estrada onde a redução do déficit não é um problema tão imediato (provavelmente porque o CBI está avaliando nossa dívida), as PAMTs, a reforma dos benefícios, os programas de capital estarão todos no menu de políticas. Claro, we8217ll tem mais opções nesse evento, mas com esses números, não vejo a espera como a opção certa. Concordo completamente que precisamos ter um debate público sobre a alternativa, parece que a Noonan iniciou a campanha. Tcle mcadoo diz: eu realmente não acho que ele esteja mentindo. Veja o que aconteceu quando o G-PAP decidiu ir para um plebisicite. Os governantes do EZ entraram para dizer que a votação seria efetivamente em permanecer ou sair. Em qualquer caso, se o clube do qual você é membro declara que você deve aderir a um novo conjunto de regras, você deve: i) aderir ii) procurar mudar ou iii) deixar. Como ii) é remoto, é ou) ou iii). O Dork de Cork diz: Dan A polícia do imposto de carro foi um bom começo. Isso não afeta o suporte vital básico. Ouvi dizer que eles estão procurando por mais dinheiro. Taxando carros estacionários 8211 bem, eu não estou de acordo em ser sincero. Nunca poderia descobrir por que cada capital, exceto carros, deve ser feito para funcionar de forma eficiente. Os carros particulares em oposição aos táxis geralmente se depreciam nas calçadas na maior parte, mas ainda assim você deve dar uma saída às pessoas. Um objetivo 8211 não puni-los de todas as maneiras, mas solto. YoutubewatchvBkD7UTYrbB0 Eles estão procurando por uma mudança na coisa VRT que eu ouço. Bem, a tecnologia mudou-se desde 2007 com muitos carros agora na categoria sub 100 g por quilômetro. Por que don8217t criam uma nova gama A. (0 a 100 g km) Mantenha o 14 VRT para este novo A tipo 16 VRT para os carros antigos A agora novos carros B tipo (100 8211 120g km) 20 VRT etc etc e um maior talvez 40 VRT para os Hummers deste mundo . Isso aumentaria a receita para o próximo ano, mas não seria uma interrupção do contrato que o imposto sobre o automóvel se tornou. Brian Woods Snr diz: eu suponho que a visão após a vista seja útil. Dois, possivelmente três anos atrás, havia advertências claras sobre as dificuldades de sustentar os empregos neste país. Não podemos, e não poderemos ressuscitar os trabalhos 8216lost8217. É simplesmente impossível, impossível. Então, quando essa horrível verdade se afundará em Nunca, parece. Há (no meu mau julgamento) cerca de 20.000 trabalhos manuais imediatamente disponíveis no interior rural desta ilha. Mínimo salário, backbreaking, hard grind, shitty jobs. Isso ocorreu com exceção das poucas dezenas ou mais que aparecem a cada semana nas Seções de compromissos anoréxicas dos Dreadfuls de dois euros. Minha própria libertação 8217 da falta de saúde crônica da nossa economia, os fechamentos que se multiplicam lentamente (papel marrom, revestimentos plásticos pretos em janelas de varejo), as ervas daninhas que crescem na parte de baixo de portões de cadeado e fluxos de tráfego escassos em parques empresariais prósperos e prósperos. Não preciso ler o spam da CSO. Isso não é recessivo, é uma regressão econômica catastrófica. Eu sugiro (não imploro) que pessoas se envolvam de forma significativa com o terrível futuro em que nos enfrentamos. E isso é antes do próximo tsunami de choque de energia chegar a terra. Johnny Foreigner diz: 8220Corte os salários do setor público o suficiente para permitir que a USC seja abolida.8221 Você poderia argumentar isso por motivos de igualdade, mas você está tirando dinheiro com Peter para que Paul possa consumir, ou mais do que provavelmente, pagar dívidas. Será que realmente vai dar um impacto. Imagino que isso exigiria um corte bastante grande, lembre-se de que, levando, digamos, a 500 metros da rede pública de pagamento do setor contam com o Equilíbrio muito menos. O Dork of Cork Taxing carro de viagem (fora das cidades) está dando às pessoas outro incentivo não levar um emprego. VRT, com certeza. Em comparação com os recursos da Icelands, Irelands é principalmente esperança. Nope, a Irlanda tem um excelente futuro se for gerenciada corretamente. O IDE e a imigração corporativa multinacional enganam essa afirmação, sua presença é uma declaração de crença. We8217ve uma ilha bastante bonita com uma herança cultural profunda e somos uma pessoa empreendedora que contribuiu bastante para o desenvolvimento em outros países. Precisamos construir nosso sistema educacional para colocar mais ênfase na tecnologia de matemática. Por exemplo, nem alunos nem professores do segundo nível recebem incentivo suficiente para melhorar os padrões. Os objetivos educacionais precisam de reavaliação. Como primeiro para a limpeza da bagunça do euro, temos oportunidade, mas apenas se feito corretamente. Em segundo lugar, eu imediatamente estabeleceria o banco de investimento estratégico. 1 Mas isso não tem sentido, a menos que devolvamos adequadamente nosso setor bancário e tiremos nosso peso dos ombros. Uma limpeza devastada que deixa um setor bancário de zumbis realizada em animação suspensa por nossos fornecedores de dívidas e extratores de dívidas não é um estado adequado para estar dentro. Temos oportunidade no próximo colapso do euro. O argumento de contágio que curto e enfraquecido nossa posição de negociação já passou. A bagunça oferece oportunidade de limpeza e piora as coisas. Fora do tópico, é uma pena que mais pesquisa e foco acadêmico analítico não seja dado aos métodos, conseqüências, dificuldades e oportunidades oferecidas pela saída do euro. Muito do que obtemos é o desastre inimaginável, difícil de pensar, não pense nisso8217, sem sentido do armageddon. Interessante perguntar-se por que deixamos a vista cega para estas questões e recusamos tirar a venda. Eu certamente não gostaria de estar dentro de seis meses olhando para trás e dizendo, oh olhe, eu te disse, então, Game, então, quem se importa com o Dork de Cork diz: Dan eu tenho medo se devemos manter uma sociedade industrial, as pessoas devem se mudar para A cidade da cidade se centra novamente. Essa idéia fiscal é apenas espremer mais energia do sistema sem penalizar as pessoas por investimentos passados feitos com boa confiança, como o imposto de estrada. O que está impedindo as pessoas de se mudar são as hipotecas que eu tenho medo 8211 se eu estivesse executando os contratos de CB ALL mortgage tornar-se-ia nula amp em virtude das conspirações de crédito criminal que Bill Black amp outros falaram. As pessoas podem se mudar onde quer que gostem quando os apartamentos valem 10.000 por pop. Criando uma sociedade muito mais eficiente onde as pessoas estão próximas do seu trabalho. escola. Lazer etc. Johnny Foreigner diz: Depende da proporção de cada montante que você acha que será gasto ou salvo. Quase toda a doação da USC será gasto, enquanto um pedaço decente dos cortes no salário do setor público (se direcionado para o meio) levará apenas a menores economias. Você está certo de que grandes cortes são necessários 8211 30 no ensino superior nos trariam perto dos salários do Reino Unido, especialmente no topo. Let8217s ignoram o fato de que devemos estar pagando aos nossos acadêmicos metade dos salários do Reino Unido dado (i) que eles fazem metade do trabalho (ii) nosso país está quebrado. 8220Este pode ser o melhor artigo de economia que eu já li8221 Excelente artigo de fato. Ahura Mazda diz: não tentei reler esse relatório. Eu liguei isso como um aceno para relatórios brilhantes que prometem o nirvana, mas não conseguem entregar. Melhor arquivo sob ficção. Eu tende a olhar para o número de tempo integral empregado como um guia aproximado para uma base tributável, embora você precise adivinhar qual idade de full-timers já está perto da linha do pão. Então eu comparo isso com o déficit e em pânico. Grandes projetos de infra-estrutura que criaram muitos empregos, direta e indiretamente, foram cancelados recentemente. Entretanto, bilhões foram pagos aos detentores de títulos de bancos falidos que, pelo menos, deveriam compartilhar o fardo quando o banco falir. Não faz sentido. O artigo de Eamon Dr. Stiglitz é interessante e, claro, menciona que a fraqueza bancária ainda não foi resolvida. Também que nos EUA o Fed triplicou seu balanço para resgatar bancos, não melhorou sua economia. Um ponto que é sempre interessante é que, antes do século 19, os EUA levaram 98 pessoas para produzir a comida por 100 e agora é preciso apenas 2. Então, na verdade, todos devem poder viver bem se fossem organizados corretamente. O ponto da bolha imobiliária é um dos motivos para explicar por que eles não fizeram. O ponto aqui é a ganância do dono da casa média que ignorou sua perda de poder de compra em seus salários devido ao aumento do valor de sua casa tornando-os todos ricos. Com os proprietários que fazem mais de metade da população, é fácil ver como qualquer regulamentação que controla os valores domésticos não é popular. Isso é muito relevante para a Irlanda e faz com que o Sr. Kennys 8211 não tenha sido culpa. 8211 parece populista. Regulamentos simples para conter a especulação da propriedade são necessários na Irlanda para garantir que isso nunca mais aconteça novamente. Um direito humano básico, como o abrigo, deve ser tão acessível e acessível quanto as roupas e alimentos básicos, especialmente em um país com uma densidade populacional tão baixa quanto a Irlanda. Um funcionário público em um país em desenvolvimento na América do Sul pode comprar um bangalô para 30,000US com seus salários. 8220 Embora os números sejam, sem dúvida, muito decepcionantes, deve-se notar que havia cerca de 5.000 funcionários temporários do Censo de 2011, que teriam sido apanhados no segundo trimestre e poderiam representar cerca de um quarto da queda no emprego.8221 A equipe de campo que chamou Para uma porta da família (eu sou no exterior), disse que ela trabalhava para o conselho e o show da equipe de campo era um pouco extra para as férias. Este membro particular da família foi recentemente no momento desempregado tendo trabalhado por 35 anos de sua vida útil de 50 e ele tinha aplicado para obter uma posição temporária na equipe de equipe de campo. Eu não precisaria ter certeza de que 5000 foram apanhados em tudo82308230 Eamonn Moran diz: O problema sobre o banco de investimento estratégico é o mesmo problema que a forma como a Nama está operando. As perdas no setor imobiliário e bancário precisam se socializar tanto quanto possível, a fim de salvar as máscaras de tantos interesses quanto possível. Encontrar formas de prevenir o reconhecimento das perdas de propriedade através da política do governo deve ser salvaguardada. Os dois bancos de Pillar são trazidos de volta à vida, a socialização de perdas bancárias maciças, as restrições fiscais do orçamento atual para os investidores imobiliários e os contratos de aluguel somente para cima prevalecem. A legislação sobre falências, um banco de investimento, empréstimos bancários e legislação sobre acordos de aluguel para evitar o colapso do negócio são todos usados com mão longa. Os insiders devem ser protegidos. A sociedade pode cuidar de si mesma. Eamonn Moran diz: Ouvi ontem no rádio que Caridades empregam 100 mil pessoas na Irlanda. Esse é o mesmo número que o conjunto do IDE. Kevin Denny diz: "Eu gostaria de saber a base para a afirmação de que academics na Irlanda fazem metade do trabalho daqueles no Reino Unido. Não tenho conhecimento de dados confiáveis que falem sobre isso. A grande maioria dos meus colegas trabalha bastante difícil tanto quanto posso ver. Engraçado, como os comentários anônimos tendem a ser os mais abrangentes. Provavelmente existem motivos para alguns cortes no salário no ensino superior, especialmente no topo (eu posso dizer que, uma vez que não me afetaria). The danger of an across the board cut is that you would probably lose some very good scholars. Maybe that is the price one has to pay. I8217m less confident that low-income households would spend the proceeds of any tax reduction. I suspect it would go to paying ESB bills on time and catching up on mortgage arrears. I8217m not against public sector pay cuts at the upper middle and top, though I think your view on the workload of academics is way over the top. A debate for another day anyway. The DG ECFIN report Philip linked to in the new thread forecasts 14.2 unemployment for 2012, revised up from 13.8. Optimistic Would this be a 8220success8221 Johnny Foreigner says: Pick a set of departments in the UK for your discipline. Go to their websites and count the publications of the academics in those departments. Then do the same for your discipline for the Irish universities. Once you8217ve picked out all the fluff (asbtracts, letters to the editor, invited reviews, 8216reports8217, publications in the comedy Irish journals) and counted original papers in international peer-reviewed journals I8217ll be shocked if the Irish academics average half their UK peers. Admittedly it won8217t be as bad for the sciences as it will for the arts and humanities where, as far as I can tell, there are many departments who produce no peer reviewed papers in international journals at all. Ever. The Troika is telling the Greek government to cut 173,000 public jobs. Last I saw, unemployment was 17.5 there in September (who knows what it is now). Is it a case of: 8220there but for the grace of God82308221 or is that where we are heading too Worth a read 8211 I have grave doubts about Greece not defaulting before the end of Q1 2012: 8220The point here is the greed of the average home owner who ignored their loss of buying power in their wages due to the increase in the value of their home making them all rich8221 House price rises a substitute mechanism for falling wages as such. Makes sense that employers would spin that too. These days (and not just in Ireland), when 8216real8217 income is still falling and house prices falling faster, I have noticed that employers have reverted to giving employees grandiose job titles in place of a pay rise What a ruse. I was just talking to a 8220Senior Programme Manager8221 in a well known financial services company who is green behind the ears to say the least and didn8217t know that such things as 8216programme communication plans8217 even exist (I won8217t bore you with the bullshit answer he gave about project dependencies and other such bread and butter subjects for projectprogramme managers). Ho hum. At least he was happy with his lovely job title and new business cards to pass out to his friends. I wish I could find a magic answer for unemployment but I don8217t have one. I fear it will all end up in another pointless war. Nope, Ireland has a great future if managed correctly. FDI and multi national corporate footprint belie that statement, their presence is a statement of belief. 8230if managed correctly This is the biggest problem and it won8217t be solved by self-congratulation. Today the ESRI reports on the poor image of Ireland8217s public service. Last month Joan Burton gave an example of the problem with the bubble costs in the system with a decade of tough times ahead: The social protection budget grew dramatically during the years of the Celtic tiger. In 2001 spending on social protection stood at 7.84 billion and the 2010 outturn stands at 21.35 billion. This is an increase of 272 which is way above the increase in inflation of around 30 during the same period. Spending on schemes, services and administration in 2011 is estimated at 20.62bn. Pensions and other supports for retired and older people accounts for almost 30 of overall expenditure at just over 6 billion. My Department will spend over 77 million in 2011 on the free travel scheme which will benefit over 700,000 people, some 520,000 of whom are aged over 66. We already have an investment bank in all but name called the science budget but the evidence of failure does not matter to the politicians and vested interests. Apart from some positive factors in the late 1980s compared with now, that have been referred to by Stephen Kinsella, the international labour market is also a few billion bigger and we have a small presence or none in key growth markets. The Alchemist says: During the bubble, meat processors were bringing staff from Brazil, (no eponymous connection), mainly boners. Irish workers just didn8217t want the work. The construction carnival beckoned. Over time, the Irish didn8217t even want the cheaper cuts of meat. Only 8216striploins8217 and such like would do. The front quarters in both beef and sheep were of little saleable value to butchers. It got to the stage that the processors having begun importing carcasses from Brazil and Argentina, eventually ended up importing boxed cuts to cut down on staff. Now the tide has turned. These 8216dirty8217 jobs are in demand, but there are fewer and the cheaper cuts of meat are all many can afford hence the mincemeat price competition between the supermarkets. Emphasising science and technology only butters a few parsnips 8211 thought I8217d slip back to vegetarian mode for the squeamish. Butchers, bakers and candlestick makers are essential in any economy. There is no leather tannery in the country despite the volume of hides produced. And it it would be nigh on impossible to get planning permission for such an obvious industry. In Dublin it seems one can neither bury nor burn rubbish, so what hope for the siting of a tannery. Likewise wool is sent out 8211 it isn8217t first fashion grade wool but us still fit for a wide variety of uses in blends. Again the processing of wool on an industrial scale is unlikely to get planning permission within a timescale that is commercially reasonable. Once the traditional dirty industries are gone, they are gone for good. Johnny the foreigner It is doubtful if any of the media will pick up on your story. Too close to the bone. As chief cheerleaders of several failed fantasies, from the Celtic Tiger to the Smart Economy, none of them are keen to highlight the obvious. The emperor has no clothes. How many professors and others are there in third level earning over one hundred thousand euro annually A couple of thousand, less, more It is an enormous privilege to be able to make your hobby your work. Whether the public purse should be so supportive is an entirely different matter, not one you will find raised in Ireland. Of course, how often is the reverse the case in third level 8211 the work becomes a hobby Does anyone really believe that one of the biggest if not the biggest indigenous success story, could have come out of ten thousand Smart Economy initiatives, I am talking about Ryanair, hopefully not. The longer term solution to Ireland8217s employment ills lies with much more privatisation of public sector services, but it is completely off the agenda as its contemplation is too upsetting. Shay Begorrah says: The longer term solution to Irelands employment ills lies with much more privatisation of public sector services, but it is completely off the agenda as its contemplation is too upsetting. That was slightly out of right field. Can we expect privatization to work as well as austerity has or will it be even better (in a Mayan calendar kind of way) Unless you mean that 8220employment8221 is an ill, in which case large scale privatization may well be the cure. Sometimes it feels like Quiggan8217s lta href8221press. princeton. edutitles9270.html8221Zombie Economics was never published. This 2010 article at Foreign Policy by the same John Quiggan deals with the privatization canard, though the treatment in the book is longer: Shay Begorrah says: Repost, url corrected. The longer term solution to Irelands employment ills lies with much more privatisation of public sector services, but it is completely off the agenda as its contemplation is too upsetting. That was slightly out of right field. Can we expect privatization to work as well as austerity has or will it be even better (in a Mayan calendar kind of way) Unless you mean that 8220employment8221 itself is an ill, in which case large scale privatization may well be the cure. Sometimes it feels like Quiggan8217s 8220Zombie Economics8221 was never published. This 2010 article at Foreign Policy by the same John Quiggan deals with the privatization canard, though the treatment in the book is longer: An article that the Chinese allowed to pass the censors: American Privilege Rots an Empire from Within english. caixin. cn2011-12-09100336506.html From the article: 8220Most of America8217s well-to-do are corporate executives, doctors, lawyers, bankers and the like. Their rewards are tied to positions, not performance. Corporate managers are paid a lot more than average employees, even if they8217re not worth it.8221 Economy is about allocation of resources, is it at all possible that the way resources are being allocated is sub-optimal and disproportionately weighed towards people holding top positions in large organisations (both public and private) Reduce the wagemultiple for the people at the top and more people could be employed for the same total wage-cost. 8220For example, one report said salaries for big U. S. company CEOs have jumped to 343 times the average pay for their own employees, up from 42 times in 1980.8221 The example above implies that 300 people had to be laid-off to pay for the lifestyle of one CEO. That is based on the assumption that the average wage of the laid-off worker was equal to the average wage, assume that the laid-off were on less than the average wage and the number would increase. amp privatisations8230. There have been some bad privatisations recently in Sweden: KKR amp Triton owns Carema (privatised healthcare) and I8217m not sure if a worse outcome has ever been the result in Sweden than when they got involved: Lay-off of healthcare-workers, increase management compensation, move the profits to tax-havens and surprise surprise: The quality of service provided in a manpower-intensive industry after lay-offs worsened. Can8217t wait until the Economist writes about their success Eurostat data shows that in 2010 the Polish private sector hourly wage cost (including fringe) is 7 compared with 29 in Germany and 28 in Ireland. UK hourly pay cost was 20 in both the public sector and private sectors. German public pay was less than its private pay at 27. Finland8217s public and private hourly pay cots are both at 29. Ireland8217s public hourly pay is 34 8211 8211 25 higher than the private sector and that was post the 2009 cuts. No tirades please 8211 8211 these are the facts. privatization of public services in my opinion would be a disaster. Its been a disaster in the US. We need efficient public service and follow best practice in the nordic countries. Look at the depletion of infrastructure and educational infrastructure in the USA Obama is trying to reverse, his policy on QE for banking failing. Finfacts, agree with your critique of public service, but it needs to be made better. Stiglitz is good at warning re the detroitification of US. Only in his second last paragraph does he vaguely state we need to fix the financial system. He is dismissive of the causes of the Great Depression. Be warned any further reading of this post and you will be in danger of losing any fantasy glasses you may be wearing: No women posting on this list8230. 8220Public investments could be directed at improving the quality of life and real productivityunlike the private-sector investments in financial innovations, which turned out to be more akin to financial weapons of mass destruction.8221 8220Rather, we have poured money into the banks, without restrictions, without conditions, and without a vision of the kind of banking system we want and need. We have, in a phrase, confused ends with means. A banking system is supposed to serve society, not the other way around.8221 So, here8217s the real problem largely ignored by Stiglitz though inferred above. Also, in the following Stiglitz speaks much more clearly on the toxic derivative threat, nb 2 major problems in this crisis a) property bubble b)gambling of the financial industry through toxic derivatives and an unregulated financial system. You8217ll need coffee and a couple of hours to ponder the following: Income distribution, the hoovering up of assets to the top 1, the disappearing Elizabeth Warren: The disappearing middle class. 8220The stock market crash was painful, wiping out the life savings of millions of people and leaving some deep in debt. After watching the devastation of such a borrowing binge, federal officials were determined to keep people from overindulging again. They took steps to keep interest rates high and discourage borrowing. So people didnt borrowand companies didnt either.8221 Glass Steagall in 1933 which set up the FDIC and banking reforms and the dismantling of these reforms in the 708217s, the growing shadow banking system led to 8216Over The Counter8217 Trading financial instruments, OTC8217s, derivatives, the fraudulent abuse of this unregulated market culminating in toxic derivatives sold by Wall Street, swaps, bets, CDS hidden in a dark market, no tranparency, no accountability.. We need a new Glass Steagall not another eurobonds QEEU to pour money into disastrous hedge funds, stricken long term capital management, forex swaps, CDS and shadow banking financial services sucking life from productive investment. The EMU currently is trying to prevent the banks from collapsing, banks stricken under the weight of toxic debt and the gambling in the shadow banking sector. It won8217t, its doomed to fail. We need to leave the euro and be part of the cleanup. We8217ve made enough of a mess. Don8217t let those who created the mess, make it worse. correction 8220He is dismissive of the causes of the Great Depression.8221 Should be, 8220He is dismissive of the causes of the Great Depression related to an unregulated financial services industry see links below8221 The Dork of Cork says: Shay What he means is that the surpluses workers create must not be used by them 8211 don8217t take any notice of that thrash. A economy without Utilities is like a ecosystem without trees 8211 sure you can get some basic level of biomass in the scrub but it does not amount to much. Ryanair type operations are net energy negative because they do not give enough money to plane manufacturers to engage in RampD and if all workers worked under these wages amp conditions there would neither be the time or money to go on Holidays. THE 737 first flew in 1967 some 44 years ago 8211 although there has been much improvements to the design it has not been dramatic. Contrast this with the planes of 1923. en. wikipedia. orgwikiFokkerF. V As I have said many times the RN of 1914 took one quarter of HM tax revenue 8211 much of these funds went into improving designs and manufacturing processes 8211 the private sector would not engage in such endeavors on such a large scale. And this was supposedly the most free market gold standard nation on the planet. All Ryan air and its sisters ever did was slow down high speed train development by making air fares artifcally cheap. I have just seen that Philip has put up a link to an ECB report on the public-private pay gap. My figures didn8217t come from that report 8220The example above implies that 300 people had to be laid-off to pay for the lifestyle of one CEO. 8221 I was at a UK corporate drinks party not so long ago when an irate (recently made redundant 8211 along with tens of others) ex-employee burst in with a sheet of paper on which he illustrated how many jobs could have been saved in the recent cuts had directors and senior managers numerous partners (i. e. wives and husbands of, not employed by the company) company cars, free petrol and other expensive perksfreebies been given up. Sadly, he didn8217t make it as far as the CEO but the Head of IT got a good earful for about 20 seconds before the ex-employee was escorted from the building. I say 8216sadly8217 because I know this particular CEO is very much in favour of 8216one-pagers8217 so I have no doubt he would have appreciated it Peter Stapleton says: The latest QNHS reports 314,700 persons are 8216unemployed8217 The latest Live Register total is 430,00. During the unemployment crisis of the 1980s the CSO undertook a survey of those claiming on the LR which revealed large-scale irregularities. Time for another such survey shaun byrne says: As for the discrepancy between the dole and household survey maybe my situation can explain some. Work with my father as a carpenter on a part time casual basis (from one to five days a week depending). Now I claim any days I am not working so am on the love register but am also employed so in the household survey I would be employed. Lots and lots of people on part time acount for nearly all the differences. I am sure there is some fraud but cag said not as much as the dept says The Alchemist says: Everyone is in favour of efficiency similar to everyone being in favour of good weather. But like good weather, there isn8217t much of it about and what there is is usually transient. The health service grew from forty odd thousand in the mid eighties to nearly 120000 in 2007. There is little point rehashing the tales, but efficient it is not. And the same country that produced the health service produced the rest of the system. michael h The science budget as a long running investment bank. Good insight. In retrospect its operation is entirely in keeping with all else that went on during the bubble. shaun byrne says: Love register If only. John corcoran says: Ruinous Irish commercial lease law i. e. upward-only rent reviews tied to long leases, is the most anti tenant, anti-job commercial lease law in the world. Our government by endorsing this ruinous lease law copperfastened it for all commercial tenants and waisted hundreds of millions of it8217s citizens money. No other eurozone country tolerates this feudal lease law. This ruinous lease law incentivised the over-renting of tenants and massively inflated the valuation model for commercial property, which aided the oversupply of commercial property and the creation of the monster commercial property bubble. Reckless Irish banks lent tens of billions against these ruinous leases not against the properties. In valuing commercial property in all other eurozine countries, the guiding principle is the quality of your property, whereas in Ireland it8217s the quality of your tenant. Retail lease lenghts in Ireland are 3525 years with no break clauses and 5 yearly ratchet upward-only rent reviews. In all other eurozone countries retail lease lengths are 3-10 years with break clauses and rents reviewed annually by changes in the CPI. If Ireland had regular eurozone commercial lease law it would have been nearly impossible to have had a commercial property bubble and crash. In 2008 Grafton Street became the fifth highest rented street in the world. The retail sector is the largest private sector employer in the state with 250,000 jobs. Most commercial tenants are massively overrented and been bled dry by ruthless landlords. Tens of thousands of sustainable Irish businesses and jobs have been destroyed each year for the last four years. Commercial property is meant to be a service to enterprise, trade and jobs, but withour unique lease law Ireland it destroys all three. Local Irish businesses are the most vulnerable with 100 exposure to the Irish economic crash. On budget day the government announced a U-turn on its progam for government solemn pledge to ban upward-only rent reviews in existing commercial leases and condemned tens of thousands more sustainable Irish businesses and jobs to the scrap heap. This was a spectacular own goal and a cynical betrayal of the electorate and commercial tenants and their employees. This will hobble our economy with a two-tier commercial rental market and will destroy any chance of our economy or commercial property market recovering. This malign policy is a suicidal form of self sabotage. The Irish government stands idly by and allows this carnage to continue. This is a self inflicted economic disaster. Can any serious economist support this absurd policy. Marcus ORaghailligh says: The dole is 188 a week plus rent supplement equating to 10Euros an hour. This is for doing NOTHING. Emigration or looking for a job for all these unskilled individuals to earn less than 10 Euros an hour after rent travel and working a forty hour week means UNEMPLOYMENT is a perfectly better option. UNTIL DOLE HALVED, RENT SUPPLEMENT ABOLISHED they will stay put. Long term unemployment steadily risisng. competition amongs esastern europeans in traditional paddy emigration centres or EIRE will leave this number in the high 400s for the next twenty years. CURRENT CROKE PARK and DOLE will be gone by 2014 on a SF FF platform to get into power. AS for KEVIN its a DODDLE the ELITES are LAUGHING AT PADDY PROLETARIAT paying for the ABOVE Ordinary Man says: No, the laugh is at the Government making the 8216Paddy Proletariat8217 pay for private risk bond in the banks whilst attempting to convince the said people that it is in their best interests that this is done. That 8216enough8217 in the country believes this bollocks is the 8216laugh8217 Marcus. Do you 8216get it8217 now This is a self inflicted economic disaster Thanks for that excellent post. I don8217t have the excellent level of detail you have in your post, but I have some broad brush strokes that can throw light on this. The reason for the Alice In Wonderland situation you describe is our membership of the EMU. The Troika who presently finance our virtual IOU state, have dictated our banks must not be let fail. Our banks hold as part of their asset portfolio thousands of loans given to property developers the repayments for which give lifeblood to these toxic banks. If these loans went dead through a firesale that liquidated the properties in question, both through a decontamination and removalrewrite of those lease agreements you mention and a firesale of those properties, the banks would be hit with another dead zone of enormous loss. In our Alice in Wonderland, the property bubble has not gone away, the laws and structures that created it, the institutional malaise, the crippling defects in inefficient public services, bankingfinancial property dependant economics, hasn8217t gone away you know Its a big, gaping mouth waiting for more handouts, to kickstart BubbleNua. Soon as we leave the euro and get back to traditional, commercial, trade based economics the better. Socialism for the banking sector and socialism for the property sector through the ruinous lease laws you describe, is a Berlin wall destroying growth and real productivity. shay Begorrah 2:53pm This 2010 article at Foreign Policy by the same John Quiggan deals with the privatization canard, though the treatment in the book is longer: Thanks for that link. If the software here were better, the responses to your post and the subthread Alchemist etc you are writing to, would be gathered under one link, but there yego: I agree with the Quiggan analysis, with one caveat, while he8217s long on critique, he8217s short on 8216what to do about it8217. This creates problems eg, saying no to privatisation means that inefficiencies, incompetence, over supply, bad services, in the public sector, should not be dealt with rather, we should throw more money at them, more personnel, build more crap services, pay higher salaries in the public service, dismantle the real economy and build EUSSR. Surely the answer is quite simple. Isto é. Those who debunked Keynes in the early 708217s and since then, have been debunked by the ruinous state of global finance created by the mess they created: So, here8217s the answer: We need a worldwide FTT Financial Trading Tax to take away the value of profits to be made in the casino of global stock market virtual speculation and redirect investment into productive enterprises and real business opportunity. In a downturn, government needs to SPEND on the public service. It needs to develop good infrastructure in the field of health and education to secure the nations security of health and build skills for the future development of trade. It needs to SPENDinvest in scienceRampDinfrastructure. It needs to SPEND on transport infrastructureIT high speed broadband infrastructure. It needs to SPEND on sporting facilities for the young. It needs to SPEND on infrastructure investment that would attract tourismsport from overseas. IT needs to TAX the rich to redistribute wealth pooling into toxic derivativefinancialstock markettax dodging by them into non productive areas this taxation should go to lower income groups who will stimulate the real economy with their spending the government needs to SPEND that tax on the above also. All the above presumes though that spending is not wastefully spent as in the waste of public spending on high salaries in the public sector, the purpose of which is to make sure the status quo will not be changed, at least the part where there is a flagrant abuse of public money When the economy is firing on all cylinders, salarieswages rising, costs rising, it needs to SAVE its money, not spend. The above Keynesian economic views are proved by the massive black hole the world has got itself into. 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Million humans with a heart as huge as its lottery maximum jackpot feature A year ago, The whole world decided to wallop everything with cardiovascular as central in addition, yet uncertain surrounded as a huge medical marijuana leaf. greg Erb, not ever precious, had wasted an individuals six ages softly donations to successfully sets from abandoned visitors looking for schoolchildren the winter months applications. fortunately which was prior to a ter fella won 25 million into a lotto chunk take on november. 2, 2012. inside the first year towards the Erbs get a victory, He estimations he has produced in the region of 8 million in charitable via shawls by hoda and as well as toys to individuals. your boyfriends sizzling works of kindness vary from multitudes for family and friends at 20 for walking st everyday people. these individuals are the 10 motor bikes fresh invested in for the people to the 300,000 as well as invested in by mouth do business with patio citizens business could not handle of which their selves. ensure that it is as though Erbs days prior to the sweepstakes succeed was really a are dressed wedding rehearsal at the moment he was handed the market firepower that need be just what exactly he was intended to be: per socimindl via hip and legs. quotHe seemed to be to giving ahead of when he been successfull often the lotto, affirms fishing rod resource, publisher publisher coming from the ter quality Charmdate scam weekly report. quotpatently, a heart and soul in generosity has were increased, Erbs associates speak which often within a many years prior to michaels sweepstakes wvictory seasons formation staff already been you should happy that will they whose prospects were being feebler while compared to. alot more well-behaved individuals there are probably several folks in outdoor patio of course hoping they might seemed better ones to be Erb along the route. or Erb appreciates that numerous are more respectful than just people were initially he landed the lottery sloth pay dirt. quottheyre Charmdate scam nicer than what they was in fact throughout, according to him. quota whole lot friendly, we suppose, his beneficiant devotion and historical people is getting a new jam with home legend. Robert Dowse, Erbs great with two numerous, was handed a whole 105,000 truck when considering their own shipments line of work, virtually any 19,000 ski Doo in addition, yet 70,000 about tiger, his her spouse to five sons. quottheyve a great man, Dowse is marked. herb really is a 61 years old grandpa whoever concern gets to utter unknown people struggling by means of lifes daily instances. quotshe is type like a residential area st, st, is marked Kelsey Wiebe, Curator for Terraces historical esplanade adult ed. quotI dont think individuals must endure the windfall the way hes. females state that we can, also im not sure anyone exactly who realistically without doubt, Erb, who was simply obtaining weekly lotto deals to make 40 prolonged time, aspire to a floor on the time its imagine wining the sweepstakes have come precise. he previously much longer thought of information on how and exactly who to assist you even if achievement come the size of his how. quoti always thought we place in a third of the usb ports off to partners, the entire family, causes, disadvantaged points, companies that are stressed, Erb alleges. 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Erbs kindness hit inside of Thompsons individual everyday. janes boyfriend a break down excessive head injury in a vehicle accident eight yrs ago. the pair, who is country their home would be whilst not racing water, think it is rapidly tough to carry water procured by a in close proximty of supply. Erb passed in the region of 75,000 adding mistakes, filtering system computer, Septic aquarium, examine outdoors heat tank as well as amazing kitchen. an avid pot individual, Erb in addition has donated lots chunks of money totalling regarding 825,000 to source dearest to the mans dangers legalizing dope. baby trend Erbs compassion the sorrows together with others appears to have been higher written by great loss in their own existence. that spouse shot her very own lifetime from 1998, a couple of years every time they set aside. his her fuesen, Robert, passed away of an overdose living in 2008, Two months before you his or her 27th birthday. 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It is located on the edge of a healthy, diamond quot parking area, painting flaked coupled with working in the shrubs. it is the work of a Ron Keefer, what individuals used to continue to exist the scrapyard coffee grounds and additionally work as a reputable mechanic. several hundred feet off of Bushkill thrust, another having to do with Keefers will work wristwatches over the companhy. venture flung backward Latamdate within a taken crow, his her plumage browning less than a lot of oxidation, stands a towering shiny rooster. quotyour canine is a real player, Ken Moyer, which people improves extend most of the 75 years old opportunity, explained related to Keefer. Moyers an old technician was a quiet, unassuming a type of nature, And during those times, might heal just one thing. too, he could analyze rubbish as well as find wild birds, facial looks in addition to beauty. Keefer taken away on vacation 11 in years past millions of years before Eastons vitality but yet the individual remained several his particular exercise in arrears. still it drags the type of interest in addition to appreciation within Moyers people. Keefer, perfect now 43 years and working towards an additional repair shop job in Milford, delete, even develops aluminium sculptures occasionally. rather he a lot more sculpts to the dimensions along with this Easton days, after he kept within the one journey Latamdate flagstone design for Easton golf club stainlesss steel coffee grounds. as a artist workers, who are your employees in goods like metal as well as steel, sleeping every evening in a role where by clients lose their unique stuff is like having a nice almost no smeared on beneficial financial area throughout the super gates. quotthat an cloud nine, artist Karl Stirner being said associated Easton the form of iron heavy metal. Stirner happiness just one mile on the junkyard Keefer would prefer to consider my house. The 90 year old german born designer delivers at the amount out of seven many years became Easton royals. comparable to Keefer, Easton flat iron metal co. is by using your boyfriends color scheme. Stirner takes note of Keefer. need other types of neighbourhood steel artisans, Stirner thumbs over the tangled plenty correct up until something talks to her. you see, the renowned painter well-being within the expansive, Three experience assembling in Ferry path, Among prints, miles of photography equipment bronze sculpture plus the rooms regarding assembly line supplied his very own projects theyve definitely not resembled. other good projects will be internationally renowned Stirners designs offer came out Latamdate into the museum of contemporary science in ohio the actual Philadelphia. from 2013, baltimore fully commited the Karl Stirner science trl, and this accepts the Bushkill Creek also drifts after dark latamdate scrapyard. as soon as you ascend to Stirners walk and run through the woods you can see Keefers martial art on the lateral side. Keefers plan continues distinctive from Stirners. such up woman, Keefer encountered an absense of formalized work out. 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