Irish guilt about the crash is post-colonial shame
Like Jim Power and Brian Hayes, he repeats the falsehood that the country was badly run before the crisis. “We did not assimilate the need for the constant discipline required by membership of a currency union.”
Is minic sia a théann an bhreág ná an fhírinne (It’s often a lie travels further than the truth).
Professor William Black told the banking inquiry that unsubordinated debt “should never, ever be bailed out. No-one ever did that before. You Irish are the only ones who blame yourselves for the crisis.”


