Re: Re: The Building Boom Is Over!

Home Forums Ireland The Building Boom Is Over! Re: Re: The Building Boom Is Over!

#801107
Anonymous
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@BostonorBerlin wrote:

I still stand by my comment but it was hastily written, I will qualify my remark by saying that in relative econmic and social terms as a nation we are far worse off now than in the 1980s. 2010 is optimistic, econmic recessions dont last 2 years, cycles of 10-12 are the norm.

No they dont – in a normal economy (as ours is now) recessions last 12-18 months tops. When the Irish economy was a basket case there was a case for measuring recessions in decades but the economy is very different to what it was 30 years ago.

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