Celtic Tiger’s windfall farmers should take pain

WITH this country facing economic disaster and the possibility of the IMF moving in, many ordinary citizens are asking where did all the money that was generated during the Celtic Tiger years go?

Regularly we hear about the banks’ and developers’ escapades. We know about the banks and the amount of spin they have put on their activities. We know, up to 2007, that developers were making an awful lot of money but, as business people, we know they had to continue to invest, even into early 2008, to stay in business with some having paid millions for a couple of acres of ‘prime’ land that is today worth only a couple of thousand. So the question is, who were the real beneficiaries of the Celtic Tiger years and where has all the lolly gone?

Of course the answer is all around us.