State of anxiety

The generalised dread of the crisis era may be behind us, but we will be living with the consequences of the events of the past year for some time to come

Dr Loretta O’Sullivan, group chief economist at Bank of Ireland Picture: Fergal Phillips

The online Oxford English Dictionary recently featured ‘pantophobia’ as its word of the day. While this isn’t a term that forms part of our regular vernacular, its meaning – a generalised state of anxiety – is familiar. It pretty much describes the condition of the country during the crisis years, but with the economy growing again and creating jobs, it seems less apt now.

Anxiety is often fuelled by uncertainty though, and undoubtedly ...