autumnleaf
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bearishbull said:How many irish owned and based companies do you know employing significant numbers of people and providing services to overseas customers?? the profits from the multinationals dont stay in ireland and many of them wont stay here either when the benefits(largely tax) dont outweigh the costs.
Itchy said:Would it be fair to say that its not all doom an gloom re the financial sector? I mean, it seems there will be a massive revenue gain for the banks in the medium to long term with the quantity of personnel debt out there.
The next big invesment?
dontaskme said:The only really Irish-owned companies are private like The Quinn Group and Dunnes Stores or state owned like Aer Lingus.
bearishbull said:How many irish owned and based companies do you know employing significant numbers of people and providing services to overseas customers?? the profits from the multinationals dont stay in ireland and many of them wont stay here either when the benefits(largely tax) dont outweigh the costs.
I can't open the link, Help!thewatcher said:[broken link removed]
how many do they employ though? theres a load of small ones ,many irish banks provide services to foreign customers/companies but the amount of employment isnt huge. ireland exports services of around 45billion abroad but are a net importer of services by around 9 billion,of that 45 billion majority is produced by foreign multinationals who get the profits and not ireland.Howitzer said:Paddy Power, C&C, Ryanair, NTR (Airtricity, Greenstar, Bioverdia) .....
There are plenty, just not traditional manufacturing types.
thewatcher said:If/When there is a property downturn/crash,most of the irish banks are highly exposed.Their not going to reposess ppr's but what the hell are they going to do with all them investment properties mainly apartments that they may get stuck with ?
Purple said:I can't open the link, Help!
Sherman said:I think the exposure of the Irish banking sector to the Irish mortgage market is somewhat overblown.
Irish banks have securitised a massive part of their loan books over the last 3 years, and continue to do so almost monthly - e.g. .
This spreads the risk to the international markets, thus lessening the impact on say a Bank of Ireland or PermanentTSB.
Ipso_facto said:Hi.
I think it is about time, Government and interested groups, tried to figure out exactly - to what extent large foreign companies, have on inflation here e.g. on rising - housing and rent, Electricity and water charges, also refuse increases ...etc. Some employ more, temporary overseas workers ( 50% or more ) adding to congestion and commute time also.
We hear about Growth figures daily, but what about huge increases of -deficit in infrastructer ..etc. 80 Billion, by the time we have caught up to the level of some "real rich" E.U. countries.
We have a 2 speed economy .. ( more like a 5 speed
Sherman said:Yeah, Johnny Foreigner is the source of all our problems.
Rising wages are caused by a) a booming economy with virtually full employment - the arrival of foreign workers will only serve to lessen inflation in such regard, and b) ridiculous wage demands by unions acting in concert with idiotic IBEC and Bertie.
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