Is the end of the line in sight?

The speed of the economic decline has been frightening. We can only hope that we are getting the most of it over quickly

2nd May, 2009

For years, it went like this: economists published forecasts for Ireland.

They said strong growth would continue, though not as rapidly as in recent years. Then the economy steamed ahead again and, as the year went on, official and private sector forecasts kept inching upwards - and tax revenues soared beyond all expectations.

Now we are in a parallel universe, where the opposite is happening. Last week, the Economic and Social Research Institute (ESRI )...

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