Dan O'Brien: Threat of second bailout still has not gone away

WE HAVE lived in extraordinarily uncertain times over the past half decade. Despite this, many people, including some very clever people both at home and abroad, proclaimed with great certainty last year that Ireland would not exit its bailout this month. They had many good reasons to believe that a second bailout would be needed before the first one had formally ended. But they had no reason to be so certain in that view. It is good for everyone that they have been proved wrong.