Tony Bryer wrote:
On Fri, 11 Dec 2009 11:07:51 +0000 The Natural Philosopher wrote :
The Republic of Ireland is a prime example of an economy based near
entirely on the property boom.

No, based on exports.

Don't know about that, but presumably Eire-based companies cannot find
a particular advantage when trading with mainland Europe whilst (say)
Airbus jobs in the UK are safer than most?


That's why Eire jobs will have to face a 25% or so reduction in wages.


Anyway never mind 4.5% reduction in GDP, teh very very little company I
help along suffered 33% reduction.

But fortunately, I warned em, and they have made it through. Just.