rolling european politics thread 2011

I can't see how they don't default and leave the Eurozone.

FTT introduced across 16 states. Landmark?

Wow!

osborne's always say the UK would do it "if everyone else would".... time to put your money where your mouth is george

Irony of ironies, ireland opt out ffs

I imagine our position as tax refuge of the eu had a bearing on that call, but i mean

http://www.washingtonpost.com/business/can-irelands-celtic-tiger-roar-again/2013/08/16/1462304c-0460-11e3-a07f-49ddc7417125_story_1.html

this is a fairly simplistic and boneheaded piece, typically broad in its strokes and (idk enough about the washington post but) typical enough in the international (read: US) outlook i've read on the irish crash/economy/recovery.

whitewashes bank bailout, or at least pooh-poohs the criticisms of it (tbf all coverage here does this also)

lionizes entrepreneurial activity/bemoans taxation on would-be millionaires while decrying public sectors and welfare/health spends

oversimplifies the boom/bust cycle and social trends such as educated youth/emigration vs mammy-reared irish simpleton forelock-tugging trad irish workers.

tbh, idk, i learned more about teh washington post than i did about the current position of the irish economy, the causes of the crash or the prospects for recovery

otm re: capital tied up in construction and bad debt tho- but i coulda told you that. if my dog could bark in english he'd a told you that (he's a gailgeoir, thanks for asking)

http://www.daft.ie/searchsale.daft?id=734568

is it time to start saving for a deposit yet? wanna get on the boom good and early this time ffs

idk

i know one of the people who runs those auctions

can

u

hook

me

up

srsly

you want to live in galway?

four bed detached in athenry is good time living imo

tell them preference is detached 3-4 bed near westport, but yeah galway (outside the city obv, along the M6 a bonus) or any of the leafier suburbs of dublin would all be acceptable

also you know auctions are for cash buyers?

showing up with mortgage approved docs is acceptable iirc?

yeah it says you have to complete within four weeks, i think a week or ten days is the standard practice here

this'd do too, with a bit of work http://www.allsopspace.ie/auction/lot/4777

assuming you could get a survey and approval (not the easiest with some decrepit if picturesque old house) then that's probably a couple grand at least before some spiv outbids you

unless things are radically different in ireland now, these things are mostly for developers and chancers, the proportion of homebuyers at auctions is small

ilx fundraising effort to cover purchase, refurbishment, guaranteed lodging for worldfap 2017 and two weeks a year for life to any poster contributing more than idk 5k

xp

idk

with the coming (expected) increase in repossessions after personal insolvency legislation changes, and given that these auctions enjoy a very high profile, idk

could become a thing for a few years amongst homebuyers, once-off investors, what-have-you. rent vs the type of mortgage outlay required for these makes in inevitable i think.

probably as straight a normalisation method as any maybe.

http://www.allsopspace.ie/auction/lot/4930

that rent would cover a good two bedroom flat in an inner london suburb, no wonder the rentiers are fleeing at those yields

straffan v much stockbroker belt equivalent tbf