Experts paint Armageddon debt scenario

Peter Brown and Nick Leeson are in agreement about one thing: Ireland is not about to miraculously recover from the recession any time soon.

Peter Brown, a financial commentator and lecturer on financial trading, paints a doomsday scenario of economic catastrophes feeding into each other on a global scale.

“We’ve got a huge problem of Armageddon proportions where growth isn’t growing and we’ve got all of this debt.