Rip-off Ireland? The end of he celebrity central banker. £ sterling crisis on he way? Will global property follow Bitcoin & stock markets down? BJ stories just get worse.
Rip-off Ireland? The end of he celebrity central banker. £ sterling crisis on he way? Will global property follow Bitcoin & stock markets down? BJ stories just get worse.
I really enjoy your joint insights into this mad world. Thank you both. One annoyance though. Jim can you PLEASE stop referring to that fool across the water as “Boris”. It feeds into that cuddly narrative of him being a likeable wide-boy. The man is an idiot (as you know). Don’t feed that angle.
Listening to the pod, I was struck by the level of opacity in the supply chain. Chris was musing as to where excess profits were being earned. In the UK all company accounts are available for free on Companies House, in Ireland they are behind a pay wall. This free facility reduces the costs of doing business and helps me do better business. I can keep track of supplier and customer performance and use their accounts when assessing whether to do business with them, negotiate on a deal etc. all for free. Increasing transparency is really needed in Ireland to help business and to go after costs.
Costs in Ireland - undoubtedly a difficult topic to dissect, with different stories in different industries. My thoughts on this are a lot of the issues comes down to a matter of scale. We’re a small country with no land border utilising local supply chains with low scale. There’s a general trend of the regulatory burden increasing over time (some required, some with questionable benefits). With new regulations comes infrastructure requirements to service that regulatory burden, and those costs need to be spread over sales volumes which are low in ireland. Furthermore the small guys cannot absorb them, and that stifles competition.
I’m sure there’s many other reasons for high costs but there are my thoughts.
I really enjoy your joint insights into this mad world. Thank you both. One annoyance though. Jim can you PLEASE stop referring to that fool across the water as “Boris”. It feeds into that cuddly narrative of him being a likeable wide-boy. The man is an idiot (as you know). Don’t feed that angle.
Otherwise, great stuff.
Sin a bhfuil.
Enda in Churchtown. Dublin.
Listening to the pod, I was struck by the level of opacity in the supply chain. Chris was musing as to where excess profits were being earned. In the UK all company accounts are available for free on Companies House, in Ireland they are behind a pay wall. This free facility reduces the costs of doing business and helps me do better business. I can keep track of supplier and customer performance and use their accounts when assessing whether to do business with them, negotiate on a deal etc. all for free. Increasing transparency is really needed in Ireland to help business and to go after costs.
Costs in Ireland - undoubtedly a difficult topic to dissect, with different stories in different industries. My thoughts on this are a lot of the issues comes down to a matter of scale. We’re a small country with no land border utilising local supply chains with low scale. There’s a general trend of the regulatory burden increasing over time (some required, some with questionable benefits). With new regulations comes infrastructure requirements to service that regulatory burden, and those costs need to be spread over sales volumes which are low in ireland. Furthermore the small guys cannot absorb them, and that stifles competition.
I’m sure there’s many other reasons for high costs but there are my thoughts.