It’s a long time since the Irish economy was in the sweet spot

We are rarely aware of the high-water marks in life until after the water recedes.

Only with hindsight can we reach into the past and pick out a moment or a day where everything came together perfectly.

That moment, I fear, has passed for the Irish economy; let’s have a go at finding it. How does July 20, 2015 strike you? It was a quiet enough news day. The Greek banks had reopened after three days of financial waterboarding by the ECB.