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	<title>Comments on: Growing number of homeless emigrants and growing racism in Ireland and Western Europe</title>
	<link>http://www.drakkart.com/eire2/2007/09/01/growing-number-of-homeless-emigrants-and-growing-racism-in-ireland-and-wester-europe/</link>
	<description>MacKozer's Irish diary</description>
	<pubDate>Fri, 25 Jul 2008 20:08:23 +0000</pubDate>
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		<title>By: Paul</title>
		<link>http://www.drakkart.com/eire2/2007/09/01/growing-number-of-homeless-emigrants-and-growing-racism-in-ireland-and-wester-europe/#comment-7747</link>
		<author>Paul</author>
		<pubDate>Sat, 08 Sep 2007 12:28:40 +0000</pubDate>
		<guid>http://www.drakkart.com/eire2/2007/09/01/growing-number-of-homeless-emigrants-and-growing-racism-in-ireland-and-wester-europe/#comment-7747</guid>
		<description>What you are seeing is the early stages of an economic recession in Ireland (and Europe) as the prime driver that is excess borrowing to fund construction i.e. a property bubble comes to an end begins to reverse.
Expect these reports to increase in frequency, as both immigrant and native populations in Ireland compete for scarce jobs. Also consider when reading these reports the source of the information, and their motivation to report or not report such information, you may not be getting the complete picture.</description>
		<content:encoded><![CDATA[<p>What you are seeing is the early stages of an economic recession in Ireland (and Europe) as the prime driver that is excess borrowing to fund construction i.e. a property bubble comes to an end begins to reverse.<br />
Expect these reports to increase in frequency, as both immigrant and native populations in Ireland compete for scarce jobs. Also consider when reading these reports the source of the information, and their motivation to report or not report such information, you may not be getting the complete picture.</p>
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