Forwarded from Archiving Irish Diversity Stuff (AIDS)
You get a sense of this by looking at their pattern of borrowing during the Celtic Tiger years when bank lending for real estate initiatives grew from €5.5 billion in 1999 to €96.2 billion in 2007 - an increase of 1730%
More houses were built per head of population than any other country in Europe. Despite building at this rate, however, speculators still pulled off a ‘miracle’ by maintaining high prices until the very end.
How did supply increase so rapidly yet prices rise with it?
Their secret lay in monopoly control of building land and an endless supply of cheap credit provided by the banks.
The cost of land was less than 15% of a new build before the property boom but rose to between 40% and 50% at the height of the Celtic Tiger.
In just one year, this translated into a supernormal profit in excess of €6 billion for the small group of speculators who controlled the bulk of Irish land.
More houses were built per head of population than any other country in Europe. Despite building at this rate, however, speculators still pulled off a ‘miracle’ by maintaining high prices until the very end.
How did supply increase so rapidly yet prices rise with it?
Their secret lay in monopoly control of building land and an endless supply of cheap credit provided by the banks.
The cost of land was less than 15% of a new build before the property boom but rose to between 40% and 50% at the height of the Celtic Tiger.
In just one year, this translated into a supernormal profit in excess of €6 billion for the small group of speculators who controlled the bulk of Irish land.
Forwarded from National Residents Association (C 🐉)
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Gates is now involved in UK Food supply chain
Forwarded from Dominic7
"Klaus Schwab appears as a satanist oligarch in Malachi Martin’s 1996 book about New World Order top-level satanists attempting to destroy the Papacy and put the Vatican at the service of the NWO totalitarian regime. Full citation. | Barnhardt" https://www.barnhardt.biz/2024/03/13/klaus-schwab-appears-as-a-satanist-oligarch-in-malachi-martins-1996-book-about-new-world-order-top-level-satanists-attempting-to-destroy-the-papacy-and-put-the-vatican-at-the-service-of-the-nwo-tota/
Forwarded from Secret_X_Files
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Forwarded from Peter Madden Channel
#Crooksling criminal people trafficking plantation depot this evening .. between Tallaght and Blessington
Mutiny in the mountains
Some Migrants walking back towards Dublin set up another refugee camp.
#IrelandisFull #IrelandBelongsToTheIrish
Mutiny in the mountains
Some Migrants walking back towards Dublin set up another refugee camp.
#IrelandisFull #IrelandBelongsToTheIrish
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Forwarded from JihadWatch
U.S.-based Muslim cleric boasts that Muslims will become majority in Swedish cities in just one generation
And when that happens, leftists will find the diversity they have demanded that we celebrate for so long becoming quickly and inexorably more monochromatic than they ever expected.
“Muslims will become majority in Swedish cities in just 1 generation, boasts Pakistani-born theologian,” by John Cody, Remix News, March 13, 2024:
Swedish women have never had…
https://www.jihadwatch.org/2024/03/u-s-based-muslim-cleric-boasts-that-muslims-will-become-majority-in-swedish-cities-in-just-one-generation
And when that happens, leftists will find the diversity they have demanded that we celebrate for so long becoming quickly and inexorably more monochromatic than they ever expected.
“Muslims will become majority in Swedish cities in just 1 generation, boasts Pakistani-born theologian,” by John Cody, Remix News, March 13, 2024:
Swedish women have never had…
https://www.jihadwatch.org/2024/03/u-s-based-muslim-cleric-boasts-that-muslims-will-become-majority-in-swedish-cities-in-just-one-generation