Ireland economy hitting the Buffers !!

stonethrower

not in the slightest bit tetchy you are the one coming up facts or links to prove your point call your mate in Dublin ask him as this is getting boring

!!!!!!? wrote: »

I'm simply commenting on available facts and extrapolating from there. The 1/2 bn Euro data centre isn't going to be a big employer - fact - and datacentres are usually administered remotely rather than onsite - in my experience.

If you have some evidence to counteract my opinion that the sysadmin work will not be done remotely then by all means feel free to correct me. I'm quite interested to know more about the setup - I might ask my mate who works in MS Dublin for more info.

However, you do seem pretty tetchy so I 'imagine' you are just trying to get a jibe in. Nice try but I'm not biting.



Sure - just pointing out that Ireland is going to be pretty vulnerable to this. It gained it's economic success from poaching investment from other more expensive European countries and will just have to accept that the same can happen to it from the new member states.

poppy10_2

Oh !!!!!!, this is getting silly. Stop it, boys. :money:

m00m00

I'm wondering if a leprechaun spilt !!!!!!'s pint of Guinness

WTF?_2

m00m00 wrote: »

I'm wondering if a leprechaun spilt !!!!!!'s pint of Guinness

I just corrected stonethrower's misapprehension that Ireland had a major software industry:

Ireland is a very big producer of computer software also has a big pharmaceutical industry which is more than the U.K has.
AFAIK the 'producer of computer software' thing is to do with the fact that Microsoft physically package their software in Ireland. Most of the software is developed elsewhere.

And it took off from there. I stand by what I said - the Irish 'software' industry is mostly concerned with packing and shipping boxes with CDs in them, courtesy of Microsoft's European packing centre. There's also a fair bit of localisation work too, but it's not a major development power.


Back to the topic of the housing market, the contstruction industry accounted for an amazing 23% of Irish GNP (19% of GDP) in 2007.

http://www.finfacts.com/irelandbusinessnews/publish/article_1011255.shtml

As this report said, this doesn't bode at all well for economic prospects as the housing market collapses.

David McWilliams is a great commentator on financial matters Irish, and in particular the bonkers housing boom.

http://www.davidmcwilliams.ie/

Loads of good articles there, telling it like it is not like the hype of the last 6 or 7 years.