He was speaking as the Department of Finance Secretary General prepares to warn the Oireachtas of a rocky road ahead for the economy.
“The forecasts for Europe are, say in Germany, output might fall by 0.5% but even with a reduction in the forecast for Ireland, it doesn’t look as if the Irish economy will go into recession. “The multinational sector remains strong,” he said. “Alright, there are going to be some job losses, but it is strong.
Can you actually go to where you already are?
Recession it is so!!!! 😂
It will as the tax base is too small to sustain up to 90k migrants and the major big league foreign businesses contribute virtually nothing to the revenue. When they start down sizing for the global recession then the 2.5 million tax base will start to crumble. inevitable.
No one knows that.
Horse shit it's already in recession
Thank you everyone who advocated for restrictions 👍🏻
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Source: IrishTimesBiz - 🏆 6. / 77 Read more »