Eddie Hobbs

2022 - 6 - 13

Post cover
Image courtesy of "Cork Beo"

Eddie Hobbs warns of 'firestorm' recession and wave of price ... (Cork Beo)

Finance guru Eddie Hobbs has predicted that Ireland will go into a recession this Autumn as inflation gets out of control and the cost of living crisis ...

They’re making obscene amounts of money and power in the last decade. The war in Ukraine is worsening the problem. They’re hiding gouging behind the inflation increase. It’s incumbent on the opposition and current government to get together and form an arrangement where they are supportive of each other. “Gouging is going on, prices are rising. ‘Put up the prices until they scream!’ “The woman behind the counter in the local SuperValu who was there all through lockdown. It’s going to end in inflation.” “We had inflation before Putin rolled across the border on February 24. What that basically means is costs are rising faster than the economy is growing. “It cost us €40billion to do lockdown. The price will be paid by the working people getting poorer.

Post cover
Image courtesy of "Dublin Live"

Ireland could be in recession by autumn with working people hit ... (Dublin Live)

Controversial Corkman Eddie Hobbs predicts Ireland will go into economic downturn within months.

They’re making obscene amounts of money and power in the last decade. It’s incumbent on the opposition and current government to get together and form an arrangement where they are supportive of each other. They’re hiding gouging behind the inflation increase. “The woman behind the counter in the local SuperValu who was there all through lockdown. They’re on a different planet to the rest of us.” It’s going to end in inflation. What that basically means is costs are rising faster than the economy is growing. He said: “It cost us €40billion to do lockdown. “We’re in a state of war. The price will be paid by the working people getting poorer. It’s a f**king firestorm.” We’re looking at the economy contracting, job losses, business closures.

Post cover
Image courtesy of "Dublin Live"

Recession Ireland: How to prepare your finances as Eddie Hobbs ... (Dublin Live)

The Irish financial expert says 'all the signs are there' - here is how to prepare.

It is a very popular budgeting style and is extremely simple and flexible and can be applied to any stage of life," says Carol. Here is the advice she has on how to manage your money ahead of a recession. This may be eliminating debt, saving for something special, unexpected expenses or for the long term." Things like entertainment and social outings would fall into this category." The price will be paid by the working people getting poorer." In an interview with the Irish Mirror, Hobbs said: “We will likely be in recession by early Autumn, but definitely by Winter. All the signs are there.

Post cover
Image courtesy of "Extra.ie"

Eddie Hobbs says Ireland will go into 'firestorm' recession by ... (Extra.ie)

Finance guru Eddie Hobbs says Ireland will be in a 'firestorm' recession by Autumn, with working people being hit the hardest.

The likes of the plumber of the electrician, on low wages in the private sector – 93% have no pension.’ We’re in a state of war. ‘Politically, we’re facing such challenges, we will need a national unity Government,’ Mr Hobbs said. The price will be paid by the working people getting poorer,’ he added. Those most in danger are service workers and tradespeople on average wages with no safety net. It’s a f**king firestorm.

Explore the last week