Sean Whelan: We’re doing fine - once nothing bad happens

Irish government debt is still perilously high as a result of the crisis

"There is a real sense of the world economy being on the cusp of another big shift"

For at least two years now the Financial Times blog Alphaville has been running a regular feature under the heading “this is nuts – when’s the crash”, featuring all sorts of improbable deals from the wacky world of finance.

The gory details aren’t necessary, just the knowledge that for some time a growing number of finance industry professionals have been convinced that too much of the wall of easy money hunting for yield ...