What will happen in Ireland if there is another global financial crisis?

IF there is another global financial crisis, will Ireland be governed by an experimental, minority administration during it?
This is a valid question. Last week, I issued a note to clients that, over the next two to three years, there may be just such a crisis. It’s not a certainty, because central banks may manufacture a soft landing, a gradual repair of debt from slow-cooked growth, but stock markets have moved sideways for a year, and that looks like a portent of trouble. To the left and right of the runway lurk deflation and high inflation, which are both unpleasant.