Still lacking final closure in our bleak house of financial ghosts
As the public hearings finally begin into the 2010 collapse of Quinn Insurance, it’s clear Ireland needs a quicker and cheaper way to exorcise its economic demons
The aphorism that the past is always with us as it feeds the present is unfortunately all too relevant to vast areas of public life in Ireland. Ten years on from the financial crisis, the Irish economy remains scarred by the property bust of the last decade. Economists (and, yes, opinion writers) tend to view today’s property data solely through the lens of the previous crash.
Of course, history rarely, if ever, repeats ...
