Agreed. This is not worth a headline. No one ever argued it was.
YoIronFistBro on
Oh trust me, we know…
PoppedCork on
Who would have guessed?
El_McKell on
Headline misleading, the economist says whether or not Ireland is a rich country cannot be determined using the metric they applied. “Not truly rich” and ‘we don’t know if they are truly rich are two very different things.’
1993blah on
Being successful for a short period of time isn’t enough to make a country ‘rich’
ShapeyFiend on
Saying it’s not truly rich if you didn’t bother to try ranking it is a bit silly. Luxembourg is obviously pretty well off also.
ruthemook on
Never thought the economist would be the one to call us out as ‘non-U’.
elcitset on
Define truly rich
countpissedoff on
Ok – let’s be honest here – are we richer than Bulgaria? Barundi? Yes we are, by any metric you choose – are we richer than Portugal? Yes and so on and so on… we are a rich country. Is everyone rich? No but that’s the case in every country but we have excellent social supports, decent infrastructure and a functional (if troubled, like most) free health service. If we could stop wallowing in our misery for a second we would realise that being left out of this list is just the economist avoiding comparing the UK unfavourably with Ireland
pgasmaddict on
We ain’t. We are like a guy who earns a pile of money working at his father in laws firm (our FIL being the USA) but blows it all every month on an expensive lifestyle and is two paychecks or a divorce away from being broke.
MooseKick4 on
Leprechaun Economics makes it sound like a joke, but it’s not. GDP numbers are shooting up while people’s actual quality of life is falling off a cliff. These so-called wealth indexes don’t mean anything on the ground, they just hide how rough things really are for ordinary people in Ireland.
4Jade4Once4 on
I mean, the Swiss cost of living makes us look rich… except we don’t actually have their salaries. 🤓😵💫
Big-Ad-5611 on
We run our services like a 3rd world country
leavemealonethanks on
We are like the lad who won the lottery and spent all partying then had to become a bin man again.
Please stop voting FF/FG
TheLastManetheren on
Nonsense! We all know Ireland is the richest country in the world as its capital is always Doublin’.
yoshiea on
They are so jealous independent Ireland is doing so well. The Economist has form of dissing Ireland going back years. They can’t quite get over Ireland does so well outside the UK (I know, it is 2025 and we still have this). It is the same mentality Russia has with Ukraine, belittle the former colony.
This is not to say Ireland has no problems. We do. Our government needs to do a hell of a lot better. But in comparison to the UK and other European countries we are definitely a rich country doing well.
1andahalfpercent on
Anyone with the data be able to rank us based on both GDP and GNI*
TheMadEscapist on
Yeah no fucking shit.
Spare-Buy-8864 on
Of course this sub gobbles up a bullshit article like this as long as it projects some sweet sweet misery porn.
If it stated the opposite all the replies would immediately shoot it down as fake news
MrTuxedo1 on
Well that’s news to me
pablo8itall on
But are we well off?
qwerty_1965 on
I was just listening to an economist on Newstalk, he sounded very hurt by the article.
Ireland’s wealth feels increasingly illusory. No point in having billions stuffed under the mattress if the roof has a hole in it.
Primary-Effect-3691 on
Responses here show how out of touch we are.
Threshold for a high income country is about 13k gdp per capita.
We obviously have problems around cost of living, inflation, housing, etc.
But anyone who thinks Ireland isn’t rich hasn’t been outside our very cushy corner of Western Europe
RobotIcHead on
We are not ‘truly rich’ but we are not poor, failed or anything like that either. We are a small country and so many of those metrics are calculated for bigger countries. Those figures/calculations have always had flaws, it is why the CSO doesn’t relay on GDP.
SoloWingPixy88 on
Oh really?
DesertRatboy on
The Economist recently had a cover story about how summer holidays are why Europe will never be a superpower so I’d take what they say with a large dollop of salt tbh
27 commenti
Well…no argument here, I’d say…..
Agreed. This is not worth a headline. No one ever argued it was.
Oh trust me, we know…
Who would have guessed?
Headline misleading, the economist says whether or not Ireland is a rich country cannot be determined using the metric they applied. “Not truly rich” and ‘we don’t know if they are truly rich are two very different things.’
Being successful for a short period of time isn’t enough to make a country ‘rich’
Saying it’s not truly rich if you didn’t bother to try ranking it is a bit silly. Luxembourg is obviously pretty well off also.
Never thought the economist would be the one to call us out as ‘non-U’.
Define truly rich
Ok – let’s be honest here – are we richer than Bulgaria? Barundi? Yes we are, by any metric you choose – are we richer than Portugal? Yes and so on and so on… we are a rich country. Is everyone rich? No but that’s the case in every country but we have excellent social supports, decent infrastructure and a functional (if troubled, like most) free health service. If we could stop wallowing in our misery for a second we would realise that being left out of this list is just the economist avoiding comparing the UK unfavourably with Ireland
We ain’t. We are like a guy who earns a pile of money working at his father in laws firm (our FIL being the USA) but blows it all every month on an expensive lifestyle and is two paychecks or a divorce away from being broke.
Leprechaun Economics makes it sound like a joke, but it’s not. GDP numbers are shooting up while people’s actual quality of life is falling off a cliff. These so-called wealth indexes don’t mean anything on the ground, they just hide how rough things really are for ordinary people in Ireland.
I mean, the Swiss cost of living makes us look rich… except we don’t actually have their salaries. 🤓😵💫
We run our services like a 3rd world country
We are like the lad who won the lottery and spent all partying then had to become a bin man again.
Please stop voting FF/FG
Nonsense! We all know Ireland is the richest country in the world as its capital is always Doublin’.
They are so jealous independent Ireland is doing so well. The Economist has form of dissing Ireland going back years. They can’t quite get over Ireland does so well outside the UK (I know, it is 2025 and we still have this). It is the same mentality Russia has with Ukraine, belittle the former colony.
This is not to say Ireland has no problems. We do. Our government needs to do a hell of a lot better. But in comparison to the UK and other European countries we are definitely a rich country doing well.
Anyone with the data be able to rank us based on both GDP and GNI*
Yeah no fucking shit.
Of course this sub gobbles up a bullshit article like this as long as it projects some sweet sweet misery porn.
If it stated the opposite all the replies would immediately shoot it down as fake news
Well that’s news to me
But are we well off?
I was just listening to an economist on Newstalk, he sounded very hurt by the article.
Ireland’s wealth feels increasingly illusory. No point in having billions stuffed under the mattress if the roof has a hole in it.
Responses here show how out of touch we are.
Threshold for a high income country is about 13k gdp per capita.
We obviously have problems around cost of living, inflation, housing, etc.
But anyone who thinks Ireland isn’t rich hasn’t been outside our very cushy corner of Western Europe
We are not ‘truly rich’ but we are not poor, failed or anything like that either. We are a small country and so many of those metrics are calculated for bigger countries. Those figures/calculations have always had flaws, it is why the CSO doesn’t relay on GDP.
Oh really?
The Economist recently had a cover story about how summer holidays are why Europe will never be a superpower so I’d take what they say with a large dollop of salt tbh