Signs of the impending recovery

Tyler · **Joined:** Sep 24, 2008 **Posts:** 2083

http://www.marksandspencer.com/School-S ... ed-items-3

blackdog · **Joined:** Jun 9, 2008 **Posts:** 1484

jdf wrote:

I went school shoe shopping yesterday with my children. I visited the 4 shoe shops in my town and was delighted to see that the starting price for a girls shoe is €48, with the majority of girls shoes being €54. The top end were €100.

Starting price for a boy was €55 with most being around €60, the top end being the same €100 deck shoe.

The sizes I was looking for would be in the VAT exempt category.

I was amazed at the uniformity of prices across the 4 shops.

The clarks outlet store in kildare village is worth a visit if accessible. Got 4 pairs of junior sized kids shoes for less than €120.
Usually 45-50 each in clarks, reduced to 25-35 each . They can pick any colour they like there too as long as its black..

jdf · **Joined:** Jan 30, 2008 **Posts:** 70

That is where I ended up and I had both children sorted for the princely sum of €62.45.

I told the shops in my local town that their prices were way off. It isn't that I can't afford to pay that, it is that I won't and I made it clear to the owners / managers - no point making such comments otherwise.

yoganmahew · **Posted:** Thu Aug 25, 2011 7:09 pm

Likewise, not just for children, the savings on Clarks in Kildare village paid for the visit there and a trip to Superdry... I soooo wannabe Watanabe...

Homemaker · **Posted:** Thu Aug 25, 2011 8:51 pm

yoganmahew wrote:

Likewise, not just for children, the savings on Clarks in Kildare village paid for the visit there and a trip to Superdry... I soooo wannabe Watanabe...

Did you know that Superdry is in fact a UK based company, the only thing Japanese about them is the text on their graphics. They have a graphic artist who flicks through vintage americana stuff and combines with the japanese text, draws it up by hand and they print it on to the clothing. A couple of lads in Essex set it up a few years ago. They were on a BBC3 programme 'secrets of the big brands' a few months (I think that's what it was called)

Speaking of fancy brands, was in Dundrum Town Centre yesterday and passed by the Hollister store, complete with male models dressed in just flip flops and baywatch style swimming shorts :shock:

. Anyway, you'd swear they were giving the stuff away the amount of teens in there! No recession for the 14-21yr olds in SCD

Tyler · **Joined:** Sep 24, 2008 **Posts:** 2083

http://www.bloomberg.com/apps/quote?ticker=GIGB10YR:IND
Ten year Irish bond yield at 8.9%

yoganmahew · **Posted:** Thu Aug 25, 2011 9:10 pm

Homemaker wrote:

yoganmahew wrote:

Likewise, not just for children, the savings on Clarks in Kildare village paid for the visit there and a trip to Superdry... I soooo wannabe Watanabe...

Did you know that Superdry is in fact a UK based company, the only thing Japanese about them is the text on their graphics. They have a graphic artist who flicks through vintage americana stuff and combines with the japanese text, draws it up by hand and they print it on to the clothing. A couple of lads in Essex set it up a few years ago. They were on a BBC3 programme 'secrets of the big brands' a few months (I think that's what it was called)

Nooooooooooooooooooooooooooooo!

Oh well, they're really comfy and the buttons work really well for old fingers... (fnarr).

Tyler · **Joined:** Sep 24, 2008 **Posts:** 2083

Ireland’s aggressive efforts to cut spending will make it the first European nation to recover from the sovereign-debt crisis, according to the billionaire investor Wilbur Ross.
“Ireland will be the first of the euro countries to recover because they really bit the bullet,” Ross, chairman of WL Ross & Co., said in a radio interview on “Bloomberg Surveillance” with Tom Keene and Ken Prewitt. “Once they get through all that, the fundamental advantages of Ireland are intact.”

Tis Meself · **Posted:** Wed Aug 31, 2011 3:43 pm

Trouble is - we are due a long long spell in the recovery ward - we had that bullet pointing inwards when we bit it!

jess · **Joined:** Apr 21, 2008 **Posts:** 1268

Tyler wrote:

Ireland’s aggressive efforts to cut spending will make it the first European nation to recover from the sovereign-debt crisis, according to the billionaire investor Wilbur Ross.
“Ireland will be the first of the euro countries to recover because they really bit the bullet,” Ross, chairman of WL Ross & Co., said in a radio interview on “Bloomberg Surveillance” with Tom Keene and Ken Prewitt. “Once they get through all that, the fundamental advantages of Ireland are intact.”

There's a developing storyline in the media that we're the golden child among the PIIGS.

We've by and large grovelled a bit, obeyed the rules, made the cuts and got on with it. France, Germany and the rest of the developed world want to be able to say that if you do what we say, it works. Therefore they need Ireland to work so they can use it as a stick to beat Portugal, Italy, Greece and Spain with.

Puck may be Famous · **Joined:** May 3, 2008 **Posts:** 2040

Tyler wrote:

Ireland’s aggressive efforts to cut spending will make it the first European nation to recover from the sovereign-debt crisis, according to the billionaire investor Wilbur Ross.
“Ireland will be the first of the euro countries to recover because they really bit the bullet,” Ross, chairman of WL Ross & Co., said in a radio interview on “Bloomberg Surveillance” with Tom Keene and Ken Prewitt. “Once they get through all that, the fundamental advantages of Ireland are intact.”

Can you point out how much government spending has fallen due to these "aggressive cuts".

I was under the impression that we are spending roughly the same, with higher social welfare payouts eating any savings.

ditch dweller · **Posted:** Wed Aug 31, 2011 4:53 pm

http://www.guardian.co.uk/business/irel ... 31/ireland

Quote:

Lisa O'Carroll's Ireland business blog

Ireland will be 'Celtic Tiger' again - Wilbur Ross

The world's best-known turnaround financier Wilbur Ross says Ireland will be the first of the bailed-out economies to recover

Wilbur Ross

Billionaire investor Wilbur Ross reckons Ireland will the first European nation to recover from the sovereign debt crisis and "will once again become the Celtic Tiger".

His buyout firm, WL Ross and Co, has already staked a claim on Ireland's future fortunes by taking equity in Bank of Ireland along with four other investors, helping it avert full nationalisation.

But his use of the phrase Celtic Tiger may rankle with many who think the moniker symbolises an economy out of control.

Still, he's pretty confident.

"We like Ireland very much because, unlike the Club Med countries, it doesn't need structural reform of the economy," Ross said in an interview with CNBC.

"All it really needs is to get through the financial crisis that was caused when its banks went berserk. But Ireland's fundamentals are still there."

Ireland will once again become the Celtic Tiger."

ragingbear · **Posted:** Thu Sep 01, 2011 11:07 am

Tyler wrote:

Ireland’s aggressive efforts to cut spending will make it the first European nation to recover from the sovereign-debt crisis, according to the billionaire investor Wilbur Ross.

But will any of us be around to see it, and how long with it last and how badly managed will it be next time?

Poacher turned gamekeeper · **Posted:** Thu Sep 01, 2011 11:31 am

What the fuck is "turnaround financier"?

Is that shorthand for "vulture capitalist"?

slasher · **Posted:** Thu Sep 01, 2011 12:18 pm

Poacher turned gamekeeper wrote:

What the fuck is "turnaround financier"?

Takes over companies from fvckwits who ran them into the ground and risks his own money

Poacher turned gamekeeper wrote:

Is that shorthand for "vulture capitalist"?

Such a loaded term. Vultures eat carrion, rubbish that others don't deign to touch. The real parasites are sitting on their fat asses with pensions from their time fvcking things up

Signs of the impending recovery

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