Poles Flee Ailing Irish Economy

bloomberg.com/apps/news?pid=newsarchive&sid=appDj0vq857U

Looks like changed times ahead. Anybody on here know of people returning to Poland from Ireland? More bad news for the Irish economy and property market in particular as Ireland seems to be heaing straight back to the 1980s...

I'm afraid they're going out of the frying pan into the fire. The crisis starts to hit Poland as well. People slowly are losing their jobs.

Back to the USSR.

Thanks for that.

I get a lot of the "Ireland seems to be heading straight back to the 1980s..." when i talk to people in Ireland.

I bought "The commitments" last time I was there and there is NO way it will return to that. Isn't all the boom and gloom talk is just furthering the already dismal state of affairs?.

It seems though, that Ireland's and Poland's paths have crossed and enjoyed each other's company, a relationship that looks set to last.

I was/am always asking how people feel at home towards the Poles because I have been received so well here. And that article seems almost sentimental about the Poles in Ireland.

---

Where are you?

PRL more like.

I dont see Ireland going backwards - maybe it will stand still like everyone else, there has been too much progress. That's just my take on it.

I hope so, the DOOM and GLOOM I get from home is shocking, maybe the people I know are just drama queens;)
It is impossible for it to go back to the 80's, it has gone too far, I hope we are right.

Ireland's soaring out of control could not have continued, I am surprised it lasted this long.

Next destination of polish immigrants?

I could put a few of them up I suppose...

Mexico? they are running out of mexicans there...

Poles drinking tequila?Impossible.

Why not? these are hard times...first time for everything

Hi Seán,

I appreciate your optimism but unfortunately Ireland is in big big trouble. Construction as 23% of GDP was absolute lunacy. When you consider the percentage which was associated with spinoffs from property on top of that and view these facts in terms of construction having practically halted - I mean almost entirely, I dont think it is overestimating the problems we are facing to say that we are heading into an oncoming shitstorm. Add in the credit crunch and a global recession occurring at the same time and I think the 80s are a best case scenario.

You will remember that in those days at least we could go to London or Boston for work. These escape valves wont exist this time. Add further the fact that practically everybody between the ages of 25 and 40 is either already or likely to be soon in negative equity on properties which are unlikely to regain their values for years. This strangles further the ability of people to be mobile and adapt. Wages cant come down as people need to pay their overpriced mortgages and so we remain uncompetitive. People werent saddled with these types of debts in the 80s. Its truly shocking to see the speed at which people are being laid off. Only today theres a report in the independent about Dell laying off 400 in Limerick.

If the multi-nationals begin to pull out we're back to the 1950s! They account for 92% of the Irish economy! Its scary to think what could happen. Suffice to say Im very pessimistic and getting a bit angry at the Government for encouraging the property monster which lies at the heart of everything. Depressing to say the least.

As for relationships between Irish and Poles, I think they tend to be good. Poles are seen in a very positive light here, especially the women ;). There seems to be a lot of Irish-Polish intermixing/marrying going on.

I think that the Irish view of the Poles is sometimes higher than the Polish view of the Irish. I think the Poles see Irish as having become a bit lazy over the past few years, especially younger Irish, who have not been willing to work at the same jobs their parents did for example. Although its looking like they wont have much of a choice now!

I was afraid you would say that....



Do you think Ireland will manage to keep the multi-nationals?
Wages are high there but the tax is still low, for now.


This is it, what kind of bull economy relies so much on property?, it was/is shocking.
I could not agree with you more.
A lot of young people I know in Dublin were simply priced out of the place.


I also see how the Irish have become fat and lazy, it is physically visible.
People throwing away whole Kitchens because they did not like the colour, not being able to give away perfectly good dark mahogany wooden furniture to the charity shop because dark wood was not in fashion.

I have not lived in Ireland for 6 years and I have not lived in Dublin for 10 years and each time I go back for a visit, I am shocked.

It is a completely different country, I got a copy of "The commitments" last time :)
I can't help but think we got too rich too quick, the money was there but not the mentality?
I love Ireland and hope she gets her act together.

It's not only the Irish that became this way - an excellent example is this: my friends friend gave her a practically brand new TV because he had decided to upgrade to a larger flatter screen! What chance do the next generation have if this the kind of behaviour the witness from their parents! Some people might learn from having to tighten their belts!

Poor polish women.

Where do you get this lunatic, to say the least, figure from?

PJ

Sorry there Paris - I mixed my figure up a little. Rather than 92% of the Irish economy, it is actually 92% of Irish exports. See article below from the most reputable Irish business information source for reference.

finfacts.ie/irishfinancenews/article_1014922.shtml

A report on investment intentionsamong corporates in 15 countries, relating to the coming five years, which was published in June, said that had "the research been carried out five or ten years ago, Ireland might have expected to feature as a preferred place to invest for many respondents looking for a business-friendly, low tax environment.

Today, corporations are looking elsewhere, and Ireland is not cited in any of the areas covered by the study."

Multinationals are responsible for more than 90% of Ireland's exports.

Seán - its not the end of the world and as Shelley says, in some ways it may be a bit of a blessing that things get back to a semblance of normality. As you say theres a lot about the new Ireland which is ugly and while a bad recession will hurt many people it may help some to learn a bit of humility which may have been lacking over the past number of years.

As for Southern's comment about the poor Polish women ending up with Irish men, I dont hear too many complaints from these females - and I know a few;)

Strange that!