Year of recession - 1986: Fast-forwarding our way back into the past?

1986 is not a year most Irish people would like to relive. But the ESRI says we are on our way there, writes Caroline O’Doherty.

SOME years evoke nostalgia — others, nightmares. So when the clairvoyants over at the ESRI say we’re about to relive 1986, you have to hope they have happy memories of that time.

Unfortunately, they’re in the minority if they do, because unless you were an anti-divorce campaigner celebrating the defeat of the first referendum or a Glenroe fan celebrating Biddy and Miley’s TV nuptials (probably one and the same person), 1986 was not a year to be breaking open the champagne.