Archived posting to the Leica Users Group, 2011/08/29

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Subject: [Leica] The decline in the West
From: imra at (Douglas Barry)
Date: Mon, 29 Aug 2011 12:35:37 +0100
References: <F804C5DBC35C4125AD29D1F2A679241F@Family> <>

No, actually the income generating economy is more than ok. However, the 
level of debt - both personal and sovereign - is enormous as people paid 
higher and higher figures for property - on borrowed cheap rate EU money - 
over the years of the Tiger.

Logic went out the window as yields plummeted and so called values soared. 
Now the country is undergoing a massive correction, jobs in certain 
industries - property, construction, legal, and financial - are disappearing 
and we are trying to find a new realism. But the basic fact is we have built 
an enormous over supply of properties and our population is the lowest per 
hectare in the EU.

With emigration renewed as the people formerly employed in the shrinking 
industries above leave Ireland in search of jobs, the whole correction 
process is going to take time, but that said we are thriving in the hi tech 


----- Original Message ----- 
From: "Richard Man" <richard at>
To: "Leica Users Group" <lug at>
Sent: Monday, August 29, 2011 9:23 AM
Subject: Re: [Leica] The decline in the West

> That's quite sad (not the car per se, but the fall of the economy). What
> happened to Ireland? Did the high tech jobs juts disappeared? We still 
> have
> customers that buy our stuff from there,,,
> On Sun, Aug 28, 2011 at 4:03 AM, Douglas Barry <imra at> wrote:
>> The death of the Celtic Tiger has left these once prized oddities 
>> littering
>> the Irish countryside
>> http://gallery.leica-users.**org/v/DouglasBray/Oddments/**
>> rollsabandoned.jpg.html<>
>> This was taken a few days ago in Connemara in Co. Galway. I was tempted 
>> to
>> sleep in it just to say I did, but my wife demurred as there is plenty of
>> availability in the hotels here. Wound up staying in a hotel where De 
>> Gaulle
>> holidayed in 1969. So much better.
>> Douglas
>> _________
>> Douglas Barry
>> Bray, Co. Wicklow
>> Republic of Ireland
>> ______________________________**_________________
>> Leica Users Group.
>> See 
>> more information
> -- 
> // richard <>
> // icc blog: <>
> // richard's personal photo blog: <>
> [ For technical support on ImageCraft products, please include all 
> previous
> replies in your msgs. ]
> _______________________________________________
> Leica Users Group.
> See for more information

In reply to: Message from imra at (Douglas Barry) ([Leica] The decline in the West)
Message from richard at (Richard Man) ([Leica] The decline in the West)