Tony Ryan put this man in a position of power in the early days of GPA and never regretted it . Michael OLeary has an incredible business brain and gets the job done. The Health Service here in Ireland badly a guy of this Calibre to sort out the crap that infects it .
It's one thing to talk and believe in something that makes sense. It's another to actually get your ideas to work..unless you are dictator you have to rely on your fellow politicians to implement your ideas.
I love this man. "He would be the most successful president America has ever has since Ronald Reagan". And my FAVOURITE: "I don't think he's gonna be ANY WORSE THAN OBAMA" Great CEO and Great political analyst!!
Mick comes across as a bastion of reasonableness but if you allow workers from Eastern Europe into your economy, where by law they paynot just taxes but make social insurance contributions, then they are entitled, with modifications allowing for local law, to avail of the health and welfare benefits associated with that social insurance contribution. By law, you cannot treat a citizen of an EU country working in another EU cointry worse than a local worker. So he is wrong on that (denying immigrant workers welfare benefits). "The success of the Irish economy depends on ..........financial regulation......the stuff that we are good at" Explain then how a glorified Ponzi scheme called Anglo-Irish Bank screwed the Irish taxpayer for €30 billion if we are good at financial regulation. That, Mick, is a sick joke.
@maxwellboyne2770 Anglo was not really a bank, more of a commercial property casino. the 2008 crash in Irish is very special in that the people who caused it, the construction industry and the banks, were the specific groups who were spoonfed corporate welfare while the taxpayer way on the hook for the €30 billion Anglo and others pissed away. It turned out that "light-touch regulation" was in effect fuck all regulation. And if the "finance industry has peoduced trillions for the Irish economy", where is it?? There is precious little evidence that is it benefiting ordinary people. The property market, the latter day altar at which the Irish citizenry pray, is fucked up beyond all possible redemption.
Some of it makes sense, but to move away from a manufacturing economy to service economy is not the same as move from agriculture to manufacture. Manufacturing can and must survive in the west and Germany is doing well on this economic model.
Good video , never seen it before an Irish myself . You would not hear many people go into that much detail if asked about trump . And trump has good chance of getting in again .
it's not about isolationism, it's about putting domestic policy over foreign - unless foreign poses a significant threat. we still want to be fairly involved but not if it puts citizens of other countries over American citizens.
In comparison to China US is a service economy. Even Boeing is moving many of its mnfg capacity out of the Northwest to less unionised and expensive locations. This could be its undoing if it suffers more failures in reliability and being a trusted brand. Much the same applies to the EU. Both economies specify and design high-end niche goods but make them in offshore locations. Low-end and economy grade goods are totally designed and made offshore.
Talks about the wall and immigration, you're missing the point like everyone else. It's not to stop immigration, it's to stop illegal immigration, people/drug smuggling/trafficking
Immigration in Europe vs the US is much different. Theres a free flow of people within and between the states but the borders with other countries must be secure and immigration regulated.
America first is not isolation. America first is look after America’s interests as a priority, which includes assisting friends and trading partners if that helps America. It means not being a world police force and not fund countries and groups that hate you. It means confronting countries that don’t pay their fare share of membership costs in common organisations and it means reciprocal trading arrangements to replace unfair dealings by the EU and countries like China and India. O’Leary knows this but his airline would be affected if trading arrangements were fair.
you can't build a strong economy on tourism, otherwise Thailand would be the richest country in the world. you have to build things aswell, caterpillar, Boeing etc
nev123123123 you missed the point completely. In fact, it went over your head so fast, that cern is looking into whether the speed of light may have finally been broken. Developed economies have the advantage of better technology, therefore they can for example design these high tech products and market them. Ultimately, however, no one builds cheaper than Asia. Parts and resources are still going to be at least partially sourced/made in those countries. The only industry that cannot be outsourced to Asia is tourism, though this is just a simple metaphor for the services as a whole.
Emanuel Dobos , but your assuming the asians cant develop the technology themselves, pre the 1600 the asians were considerably more advanced than the europeans it was only political developments which led to more advanced technolological developments.the politics of governing ourselves , property rights, meritocratic societies . the main scientific developments in the middle ages were chinese / muslim not european. nothing to say that wont return again in the next 100 years as many historians are suggesting.
It could very well return but modern research requires money, expertise, infrastructure and wise government policy-making. Please name a developing Asian country that will be able to catch up in any of these aspects? Not to even mention the advantage having of long-established corporations in the west. It's not that Asia is inherently not able to perform its own research, but the west simply has had a huge head start.
Immigration pushes down wages for locals, this is what people are voting against. 9 euro an hour is a lot when you bring it back to Poland. It’s nothing if your Irish and are going to live in Ireland your whole life. But 9 euro an hour suits large employers/big business perfectly. People like Michael don’t get this because they don’t have perspective, they see the world through their lens. As for Irish people don’t want to do the jobs, lots of Irish people have “menial” jobs, does he think everyone is a coder working for Google???
Exactly. We "need" immigration to keep wages low. When you increase our population massively what happens to the price of houses, rent and impact on public services and pensions. Also you lose a sense of community and nationhood. You just effectively bring in mercenaries who have no interest, love or connection with the country's history or identity. I don't dislike O Leary but he's looking through this purely on an economic Ryanair balance sheet lens.
Look at your McDonald's, strabucks shitty factory jobs who work nights and weekends. Irish or any western native people just don't do these jobs anymore.. there is no getting away from it.. I worked in a dog food factory which the money wasnt bad.. wouldn't get rich in it but earn enough to have a fairly comfortable life. And guess what 80 percent of the workforce was foreign.. why, because it was shift work.. so you can scream all you want about immigration driving down wages but the simple fact of the matter is that Irish or Western native people just don't want to do these jobs. So Michael o Leary is spot on here.
9 euro an hour is not a lot in Poland, especially since Covid. Your total deduction rate on a Polish wage is anything from 18-32%, plus helath insurance and social insurance, so it depends on the month and what threshold you pass. I should know, I live in Poland and lived here for 4 years before Covid.
Just listen to his comments on the middle class,its obvious he thinks his employees are below him and they are,at the money he makes,just avoid RyanAIR what he is really saying I just transport garbage with low paid workers AVOID RYANAIR
...that guy O Leary s right bring the Muhammadans into Ireland , he can get them to work cheaper, with no contracts , like he treats his Pilots and aircrew. ( that is if the Muhammadans will bother working for him )
Trump and O'Leary two of the worlds greatest narcissists . O' Leary is CEO of a very successful low cost airline who thinks he is an international economics GURU . He could start off by paying his workers . He can never keep his trap shut . America first Ryanair first .
Oh come on...this guy is just a modern version of a plantation owner. People easily agree with rich people who have some sort of influence because psychologically they aspire to identify with them. As any other big money person, he loves the spotlight and profit. His opinion on anything is just worthless to the common folk.
Michael is far less dangerous than many mealy mouthed Corporate shills who spout half lies and oily politeness about "teams", corporate philosophy and other HR lies which many in the working world have swallowed for a long time. With O'Leary what you see is what you get. No polite cover-ups or falsehoods. At the start of my working life in the early 70's a lot of Irish bosses were like O'Leary. No nonsense, no bull. The boss was in charge and work got done. You did not have to make up for lazy ineffective dodgers and your time management was very predictable. Unusual for the time but my first employer had no unions so I was spared the Union politics, conflict and waste of time that such activity often results in. Now in many workplaces this predictability and competence of your fellow colleagues is gone. Weak and arbitrary management means you have to spend a lot of your time covering your ass and making up for the mistakes and failings of others. Time managment is a nightmare with hours of extra work imposed at short notice by weak management and always the constant risk of job loss and shutdowns because of this. The recent COVID fiasco has shown many junior employees how disposable they really are when bad things happen and an activity closes down. Ireland is now experiencing a labour shortage for junior jobs in retail, hospitality, child and senior care and airport jobs at a junior level. The Covid nightmare allowed many junior employees to jump ship to better careers and jobs and upskill themselves for these jobs. My father was a small businessman who often said that many people were too busy working to really make money. Most self-employed people take time out to plan their futures, read up on the trends and risks coming down the line and to seek out new profit lines and opportunities. Most junior level workers are too busy complying or pretending to comply with company directives and quotas to plan and look ahead. The 2-3 year COVID hiatus, and the manner in which many were dumped at short notice, has given many workers food for thought and time to reflect on their lives.
Looks like your country needs someone to tell em whats what ! With all the terrible decisions you have made lately.As for that reckless Buffoon you have as prime Minister......
Words of "inferred" wisdom from another narcissist sociopath. I wouldn't fly Ryan Air,,,,to escape the plague! Most customer abusive company ever,,,,,,but cheap,,,like the owner!
Infinitely better than lying politicians saying all people are equal and all people are entitled to housing, healthcare, education, protection from crime etc and failng miserably at all those essential functions of a nation state. Because O'Leary does not mince words and is independently wealthy enough to tell the truth as it is some people hate him. Ryanair and the low cost airline model made cheap travel possible for many people who could not afford it before and opened up many economies across Europe for leisure and work travel.
For a CEO he has a good world vision
"If isolationism worked, North Korea would be a powerhouse economy". Funny - and true.
Maybe the Us has better resources
america was pretty isolationist up until ww2 tbh...
@@SwissCheese112 the world was in general, look just how much richer we are now.
Didn't age well that comment. Their economy boomed.
Tony Ryan put this man in a position of power in the early days of GPA and never regretted it .
Michael OLeary has an incredible business brain and gets the job done.
The Health Service here in Ireland badly a guy of this Calibre to sort out the crap that infects it .
I can’t believe how educated he is! Such an intelligent person
Alot of us thick Paddies are like that
Most of this has aged really really well
Go play Balance druid on next fresh vanilla.
Very intelligent guy, maybe we could have the likes of him in government rather than the wasters we have these days.
he's not interested in government lol
@@Robis9267 Indeed. No person in their right mind would have the general public as customers.
Government salaries,I can only assume are designed to “unattrac” if that’s even a word, intelligent people from getting involved in politics.
I think he’s great and a very very smart guy.
No doubt about that. A breath of fresh air to listen too.
meh hes good but not that smart. he talks well thats all.
@@SwissCheese112 he owns one of the largest airlines in the world I’d say he’s not stupid 😂
Yes, great clarity.
A very wise man
I could listen to him all day long
Wow!! When Michael speaks his mind, he is SPOT ON!! Fabulous
This men would be the best world leader that this planet has ever seen
I always said he should be in goverment in ireland
It's one thing to talk and believe in something that makes sense. It's another to actually get your ideas to work..unless you are dictator you have to rely on your fellow politicians to implement your ideas.
Very intelligent man! Wish I was a quid behind him 🤑🤑
Just says it like it is
I don’t think isolation was the issue, Trump just wanted the USA being treated fairly & not subsidising the rest of the world!
You're just another mass produced dunce.
I love this man. "He would be the most successful president America has ever has since Ronald Reagan". And my FAVOURITE: "I don't think he's gonna be ANY WORSE THAN OBAMA" Great CEO and Great political analyst!!
Completely unbiased opinion love when this guy speaks 🔥
Mick comes across as a bastion of reasonableness but if you allow workers from Eastern Europe into your economy, where by law they paynot just taxes but make social insurance contributions, then they are entitled, with modifications allowing for local law, to avail of the health and welfare benefits associated with that social insurance contribution. By law, you cannot treat a citizen of an EU country working in another EU cointry worse than a local worker.
So he is wrong on that (denying immigrant workers welfare benefits).
"The success of the Irish economy depends on ..........financial regulation......the stuff that we are good at" Explain then how a glorified Ponzi scheme called Anglo-Irish Bank screwed the Irish taxpayer for €30 billion if we are good at financial regulation. That, Mick, is a sick joke.
@maxwellboyne2770 Anglo was not really a bank, more of a commercial property casino. the 2008 crash in Irish is very special in that the people who caused it, the construction industry and the banks, were the specific groups who were spoonfed corporate welfare while the taxpayer way on the hook for the €30 billion Anglo and others pissed away. It turned out that "light-touch regulation" was in effect fuck all regulation.
And if the "finance industry has peoduced trillions for the Irish economy", where is it?? There is precious little evidence that is it benefiting ordinary people. The property market, the latter day altar at which the Irish citizenry pray, is fucked up beyond all possible redemption.
Nothing stays the same forever when people say it Will Never happen surprisingly it happens
A smart cookie. Cuts through the bullshit too, which is very refreshing.
Leo are you listening
How right is this now
We prefer legal immigration, that’s why the walls getting built.
No wall in the history of the world ever worked….go under it,over it,round it…ect.
It's all about isolation now.
He just says it how it is
man talks a lot of sense
Exactly so, like Michael O'Leary, whilst it was not easy for me to have worked in Ryanair. But still like it xD 😆
A man who talks sense.
2:20 Cameron didn't negotiate anything, he got two fingers from every EU leader he visited.
Great speech...
Some of it makes sense, but to move away from a manufacturing economy to service economy is not the same as move from agriculture to manufacture. Manufacturing can and must survive in the west and Germany is doing well on this economic model.
Micheal O' Leary for President!!
Cancel that idea! Just like Ryanair cancels flights.
Oh no, Michael for Minister of Finance....!!
We already get fucking charged for everything... WAKE UP :-D
vangrails haha brilliant
If you fall for any of the shit he comes out with you are a total mong.
Good video , never seen it before an Irish myself . You would not hear many people go into that much detail if asked about trump . And trump has good chance of getting in again .
it's not about isolationism, it's about putting domestic policy over foreign - unless foreign poses a significant threat. we still want to be fairly involved but not if it puts citizens of other countries over American citizens.
Twat
formulate it again a bit more precicely. it is that he doesn twant to screw the us to help others.
must see
class act
US not a manufacturing economy? RyanAir spends every investment cent that it has with Boeing.
In comparison to China US is a service economy. Even Boeing is moving many of its mnfg capacity out of the Northwest to less unionised and expensive locations.
This could be its undoing if it suffers more failures in reliability and being a trusted brand.
Much the same applies to the EU. Both economies specify and design high-end niche goods but make them in offshore locations. Low-end and economy grade goods are totally designed and made offshore.
I think his whole fleet is Boing 737s , unless he has upgraded more recently
There can never be a right or wrong path with politics as it completely depends on the how diverse the views of people are.
Derp.
How'd it work out for Trump?
I wonder if O’Leary has the same opinion of Trump now?
Talks about the wall and immigration, you're missing the point like everyone else. It's not to stop immigration, it's to stop illegal immigration, people/drug smuggling/trafficking
Micheal please run for taoiseach
GG2017 no he’d charge us for everything
GG2017 thats good get on your knees and beg him, bow to him peasent.
You'd want that psychopath?
@@rafathegaffer5739 And that's not happening already?
to be fair now i don't think anyone is moving to the uk for social welfare!!! if u want social welfare u'd move to France or Germany not the UK!!!
Ban Shee theyll move anywhere in the west of europe
how would it be possible to survive on social welfare in the UK??
so why they all risking death at the channel tunnel donkey
I wish they would.
Immigration in Europe vs the US is much different. Theres a free flow of people within and between the states but the borders with other countries must be secure and immigration regulated.
who is emma gration?
Difficult to disagree with all he says apart from one thing - tourism in Ireland, say what?
Said like a fkn rich man
Yes rich men who actually worked contrary to losers like you
America first is not isolation. America first is look after America’s interests as a priority, which includes assisting friends and trading partners if that helps America. It means not being a world police force and not fund countries and groups that hate you. It means confronting countries that don’t pay their fare share of membership costs in common organisations and it means reciprocal trading arrangements to replace unfair dealings by the EU and countries like China and India. O’Leary knows this but his airline would be affected if trading arrangements were fair.
Absolutely correct Paul.
LOL you ridiculous gullible fascist.
Coming from a CEO from a company who has very little customer service.
you can't build a strong economy on tourism, otherwise Thailand would be the richest country in the world. you have to build things aswell, caterpillar, Boeing etc
nev123123123 you missed the point completely. In fact, it went over your head so fast, that cern is looking into whether the speed of light may have finally been broken. Developed economies have the advantage of better technology, therefore they can for example design these high tech products and market them. Ultimately, however, no one builds cheaper than Asia. Parts and resources are still going to be at least partially sourced/made in those countries. The only industry that cannot be outsourced to Asia is tourism, though this is just a simple metaphor for the services as a whole.
Emanuel Dobos , but your assuming the asians cant develop the technology themselves, pre the 1600 the asians were considerably more advanced than the europeans it was only political developments which led to more advanced technolological developments.the politics of governing ourselves , property rights, meritocratic societies . the main scientific developments in the middle ages were chinese / muslim not european. nothing to say that wont return again in the next 100 years as many historians are suggesting.
It could very well return but modern research requires money, expertise, infrastructure and wise government policy-making. Please name a developing Asian country that will be able to catch up in any of these aspects? Not to even mention the advantage having of long-established corporations in the west. It's not that Asia is inherently not able to perform its own research, but the west simply has had a huge head start.
nev123123123 No I would say that it was the resources from the Americas which boosted the European nations wealth and aloud them to surpass Asia.
nev123123123 Hahaha
Jesus, turn off the autofocus !!!!
Banking???
I think he means immigration, not emigration.
Paying tax like everyone else, That's rich coming from you Michael.
You are clueless.
Legend
Michael, it employers would pay more the citizens of that country will take the jobs. People like you don't want to pay people enough to live.
He is a multinational useing tax loopholes ahhh the hypocrisy hahaha
america first just means to not fund other countries and weaken itself
America first is not isolationist. It means using US taxpayers dollars on US citizens. Not unreasonable imo.
Immigration pushes down wages for locals, this is what people are voting against. 9 euro an hour is a lot when you bring it back to Poland. It’s nothing if your Irish and are going to live in Ireland your whole life. But 9 euro an hour suits large employers/big business perfectly.
People like Michael don’t get this because they don’t have perspective, they see the world through their lens.
As for Irish people don’t want to do the jobs, lots of Irish people have “menial” jobs, does he think everyone is a coder working for Google???
Exactly. We "need" immigration to keep wages low. When you increase our population massively what happens to the price of houses, rent and impact on public services and pensions. Also you lose a sense of community and nationhood. You just effectively bring in mercenaries who have no interest, love or connection with the country's history or identity. I don't dislike O Leary but he's looking through this purely on an economic Ryanair balance sheet lens.
Look at your McDonald's, strabucks shitty factory jobs who work nights and weekends. Irish or any western native people just don't do these jobs anymore.. there is no getting away from it.. I worked in a dog food factory which the money wasnt bad.. wouldn't get rich in it but earn enough to have a fairly comfortable life. And guess what 80 percent of the workforce was foreign.. why, because it was shift work.. so you can scream all you want about immigration driving down wages but the simple fact of the matter is that Irish or Western native people just don't want to do these jobs. So Michael o Leary is spot on here.
hes a Thatcherite clearly, look how he gleams about Reagan in such starry eyed amazement.
9 euro an hour is not a lot in Poland, especially since Covid. Your total deduction rate on a Polish wage is anything from 18-32%, plus helath insurance and social insurance, so it depends on the month and what threshold you pass. I should know, I live in Poland and lived here for 4 years before Covid.
He is a right winger and uses Thatcher’s/Reagan’s rhetoric on everything from Unions, public services, consumer rights etc
This guy literally said all of Trump's talking points. "America first" regards stopping foreign funding and social welfare for illegal migrants.
Just listen to his comments on the middle class,its obvious he thinks his employees are below him and they are,at the money he makes,just avoid RyanAIR what he is really saying I just transport garbage with low paid workers AVOID RYANAIR
good man mik
Obama did squat in 8 years. Never were truer words spoken.
Michael o Leary for Taoiseach!!!
I wonder what he says about Biden now that Trump had his amazing 4 years and then Biden...
They miss the Orange Man now.
Immigration oh yes they need to fly on your airline.....Mmmmm.
Agree with you about Trump....great man.
A rootless plutocrat concerned with nothing but his own pocketbook.
I agree he uses Thatchers style of rhetoric
A lot of sense but if Japan can produce cars for a reasonable price so can the UK
Eh, no. U.K. ran their car business into the ground
Oh - he’s a clever bloke. A future ROI President. Surely.
Why would he be a President which is a figurehead role without any political power?
the greatest human speaks
well we cant both the greatest
top man
N
Wtf is up with his nose?!
Tourism 😂😂no hotels left mick
How wrong he was about Trump! Somone should remind St Michael he's not perfect !!
...that guy O Leary s right bring the Muhammadans into Ireland , he can get them to work cheaper, with no contracts , like he treats his Pilots and aircrew. ( that is if the Muhammadans will bother working for him )
Emmigration.
Wtf is up with his nostrils
Michael O’Leary for president
Don’t doo dat Now
NO!
O Leary the high flying thug .
The 80’s esque neoliberal spouting the rhetoric Reagan and Thatcher used
Trump and O'Leary two of the worlds greatest narcissists . O' Leary is CEO of a very successful low cost airline who thinks he
is an international economics GURU . He could start off by paying his workers . He can never keep his trap shut . America first
Ryanair first .
His rhetoric at times is frightening makes Owen Keegan look tame. He speaks like Thatcher
Ok loser now go back to your unemployment cheque
Oh,oh, right wing one wing!!
More like centre right.learn to understand politics.
Oh come on...this guy is just a modern version of a plantation owner. People easily agree with rich people who have some sort of influence because psychologically they aspire to identify with them. As any other big money person, he loves the spotlight and profit. His opinion on anything is just worthless to the common folk.
Bullshit.
Did you even listen to what he said ? Being rich poor etc has nothing to do with the subject at all.
Michael is far less dangerous than many mealy mouthed Corporate shills who spout half lies and oily politeness about "teams", corporate philosophy and other HR lies which many in the working world have swallowed for a long time.
With O'Leary what you see is what you get. No polite cover-ups or falsehoods.
At the start of my working life in the early 70's a lot of Irish bosses were like O'Leary. No nonsense, no bull. The boss was in charge and work got done.
You did not have to make up for lazy ineffective dodgers and your time management was very predictable. Unusual for the time but my first employer had no unions so I was spared the Union politics, conflict and waste of time that such activity often results in.
Now in many workplaces this predictability and competence of your fellow colleagues is gone. Weak and arbitrary management means you have to spend a lot of your time covering your ass and making up for the mistakes and failings of others. Time managment is a nightmare with hours of extra work imposed at short notice by weak management and always the constant risk of job loss and shutdowns because of this.
The recent COVID fiasco has shown many junior employees how disposable they really are when bad things happen and an activity closes down. Ireland is now experiencing a labour shortage for junior jobs in retail, hospitality, child and senior care and airport jobs at a junior level.
The Covid nightmare allowed many junior employees to jump ship to better careers and jobs and upskill themselves for these jobs.
My father was a small businessman who often said that many people were too busy working to really make money. Most self-employed people take time out to plan their futures, read up on the trends and risks coming down the line and to seek out new profit lines and opportunities. Most junior level workers are too busy complying or pretending to comply with company directives and quotas to plan and look ahead. The 2-3 year COVID hiatus, and the manner in which many were dumped at short notice, has given many workers food for thought and time to reflect on their lives.
Micheal"once it doesn't affect me"O'Leary.
Holidays in Ireland ? Being pissed the whole 2 weeks ;)
And being rained on 24/7. The only place is inside getting passed.
Trump comes out with the amount trash people entertain it
He doesn' t know what he's talking about. Think about your stupid company and pay your employees.
Whaz dis eh? A frickin Paddy telling uz what's what? Bloody 'ell! Whaz the world coming to?
Looks like your country needs someone to tell em whats what ! With all the terrible decisions you have made lately.As for that reckless Buffoon you have as prime Minister......
A Rich paddy
Horrible human being
Words of "inferred" wisdom from another narcissist sociopath. I wouldn't fly Ryan Air,,,,to escape the plague! Most customer abusive company ever,,,,,,but cheap,,,like the owner!
Infinitely better than lying politicians saying all people are equal and all people are entitled to housing, healthcare, education, protection from crime etc and failng miserably at all those essential functions of a nation state.
Because O'Leary does not mince words and is independently wealthy enough to tell the truth as it is some people hate him.
Ryanair and the low cost airline model made cheap travel possible for many people who could not afford it before and opened up many economies across Europe for leisure and work travel.
If only the British could produce or comprehend such intelligence.