You can’t buy time😂
I’m not so sure.
I don’t think most understood it.
We were coming from where the State finances were the be all and end all.
The taps were open internationally and people went crazy from about 2002 to late 2006.
Live 8 was probably the peak of Western Civilisation.
The End of History stuff from the 90s was very much the vibe, with some additional excesses following 9/11 where people felt shocked but got through it.
The story still to be written is how over the top 2008 and the collapse was globally. Bertie was right.
2 Likes
It’s an absolutely brilliant post
1 Like
I don’t understand any of that. I preferred the posts about murtskully and teleporters
5 Likes
I think it’s the plot of Succession mate
I (coincidentally?) worked in several financial institutions that subsequently collapsed in disgrace, but this was one of my weird memories of the Celtic Tiger era. I can’t recall if it was because of an IT outage or maybe the brochure template was late coming back from the designer or whatever the fuck, but everyone & I mean everyone & not just junior staff, working til all hours in Anglo the night before the 2006 Ryder Cup started. Printers whirring, pages being organised, into the machines to bind them & stick covers on them. Loads of separate little production lines in operation as these brochures needed to be ready to hand out to the VIPs flying in for the golf that weekend. Presumably to advertise property investment & other wealth management opportunities. The brochures were just one item going into the “party bags” for these invited guests/men-children…Anglo golf balls, umbrellas, ball markers, pens & all that type of shite too. I remember loading all this stuff out into the lifts & down to the lobby to be collected by a few courier vans. The gifts would have been waiting for guests at their breakfast seat in the Anglo corporate tent at The K Club. Woosie did a superb job that weekend, it has to be said.
9 Likes
Speaking of which
https://twitter.com/busttoboom/status/1810692265653817812?s=46&t=YOfhVM10W0bcyIiYSLI3Wg
1 Like
Perhaps. And maybe I’m looking at it with the benefit of hindsight now. But what was going on was so crazy, it was like the entire country/western world was drunk. The hangover had to come at some point.
2 Likes
I never realised that was an actual quote people in here were referencing!
1 Like
I’d love another Celtic tiger. It’s nearly worth big bang afterwards
You’re living in one without realising it…just those feeling the real benefit are a smaller cohort now and those left behind much bigger
10 Likes
Nothing boomy about lock down tbf and that sort of thing
House prices and rents rocketing…strikes for more pay…massive gov surplus…interest rates generally low…people surviving on debt…reins far tighter on the banks and when it goes bust it will the vulture funds get burned…their reaction will be far swifter and more extreme than we saw at Celtic tiger
Cocaine is Gods way of telling you you have too much disposable income.
When every second young lad can afford to be doing coke we’re in a boom alright.
6 Likes
Will the property market go bust though? There is still a chronic shortage of housing which was not the case at the last crash.
1 Like
I want a new crash so I can buy a house at a fire sale price!
1 Like
Not to the same extent maybe because banks reins are tighter…but lot of people mortgaged up to hilt still and prices are ridiculous … Cost of living crash more so than debt based maybe… Rental market is bananas
4 Likes
Once AI replaces all the jobs any lad not owning an income producing asset or a handyman. will be destitute
1 Like
Anyone who doesn’t own an acre of land to produce their own food will die of starvation
5 Likes