Comments on: WHERE WAS THE GROWTH IN FDI JOBS DURING THE CELTIC TIGER? http://dublinopinion.com/2012/05/06/where-was-the-growth-in-fdi-jobs-during-the-celtic-tiger/ Life should be full of strangeness, like a rich painting Wed, 22 May 2013 16:23:34 +0000 http://wordpress.org/?v=2.2.1 By: Conor McCabe http://dublinopinion.com/2012/05/06/where-was-the-growth-in-fdi-jobs-during-the-celtic-tiger/#comment-78794 Conor McCabe Thu, 31 May 2012 00:20:02 +0000 http://dublinopinion.com/2012/05/06/where-was-the-growth-in-fdi-jobs-during-the-celtic-tiger/#comment-78794 Thanks Tony, good point about the debt to GDP ratio. Frightening stuff when you think about it, the house of cards. Thanks Tony, good point about the debt to GDP ratio. Frightening stuff when you think about it, the house of cards.

]]> By: Tony O'Sullivan http://dublinopinion.com/2012/05/06/where-was-the-growth-in-fdi-jobs-during-the-celtic-tiger/#comment-78791 Tony O'Sullivan Wed, 30 May 2012 18:26:58 +0000 http://dublinopinion.com/2012/05/06/where-was-the-growth-in-fdi-jobs-during-the-celtic-tiger/#comment-78791 Conor, This is a really key point you are making. The increase in FDI-related jobs during the ten years of the bubble was probably no more than about 10,000 net. Given the completely disproportionate effect of the FDI companies on the GDP top line (consider the absolutely ludicrous numbers reported by Microsoft recently, where they had a huge growth in "Sales", but yet saw a drop in profits), all Governments for the past twenty years have been "whistling past the graveyard" , in not facing up to the fact that our debt to GDP ration can be thrown into disarray overnight, depending on decisions made in one or two boardrooms in the USA, in relation to the "nationalisation" of sales. Best rgds, Tony O'S Conor,

This is a really key point you are making. The increase in FDI-related
jobs during the ten years of the bubble was probably no more
than about 10,000 net.

Given the completely disproportionate effect of the FDI companies
on the GDP top line (consider the absolutely ludicrous numbers reported by Microsoft recently, where they had a huge growth in
“Sales”, but yet saw a drop in profits), all Governments for the
past twenty years have been “whistling past the graveyard” ,
in not facing up to the fact that our debt to GDP ration can be thrown
into disarray overnight, depending on decisions made in one or two
boardrooms in the USA, in relation to the “nationalisation” of sales.
Best rgds,
Tony O’S

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