We are not out of the economic woods just yet

Ten years on from the onset of the crisis we can take stock. The Government is keen as are many to wipe it from memory — keep the recovery going.

The recent undoubted recovery has softened memories for the most part. However, if we forget the past we will surely forget the lessons of the past.

Let’s look at the crisis over a 10-year perspective. As we know, Ireland is different. Our economy is distorted by the large multinational sector, so much so the gold standard of measurement is deemed to be inadequate.