Thursday April 2, 2020

Economy: Storm warning

Morgan Kelly has, again, predicted dark times ahead for the economy –but can the economics professor be right twice?

16th March, 2014
Morgan Kelly.

And so, the professor speaks out again. With it, Morgan Kelly, the UCD economics professor whose downbeat assessment of Ireland proved so uncannily prescient, has managed to divide economic commentators, rattle policymakers and spook Ireland's army of small business owners.

But will Kelly's new economic thesis prove to be correct? Will Irish banks, at the strong promptings of the European Central Bank, drive vast numbers of indebted SMEs out of business as part of a...

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