Once bitten by the Celtic Tiger, twice shy

Once bitten by the Celtic Tiger, twice shy

We have sweated and toiled since the crash to dig ourselves out of a mere third of our debt nationally, yet already credit card lenders are trying to tempt us to jump back into the hole

You’d like to think that lenders and borrowers learned something from our great financial crash. But I fear you may be wrong.

I remain deeply impressed by the fortitude of ordinary Irish people who have paid off about €60 billion worth of their outstanding mortgages, personal loans and credit card debt over the past decade. That’s despite the fact that wages have only just about caught up with pre-2008 levels, and that taxes are...

Subscribe from just 1€

Exclusive offers

Choose the subscription that is right for you

Monthly Subscription


For the first month

€19.99 Monthly Thereafter

Subscribe today

Cancel anytime

Annual Subscription


For the first year

€199.99 annually thereafter

Subscribe today

Cancel anytime

Quarterly Subscription


For the first 90 days

€55.00 quarterly Thereafter

Subscribe today

Cancel anytime

These offers are not available for current subscribers. Offers and pricing are subject to change without notice.

Terms & Conditions Apply

Please Subscribe or Log in to continue

Subscribe Login

Related Articles

More from The Business Post