The lessons of the bank guarantee, ten years on

It has been ten years and one day since the Irish government made the fateful decision to guarantee its failing banks.

A decade later, and Ireland may be out of the crisis and away from the most painful of the austerity years of the troika, but the indirect costs of the crisis continue to rack up.

The economy has yet to fully recover from the austerity years under the troika of the ECB, ...