Monday 20 November 2017

Daniel McConnell: Bailout ends but we're not out of danger

Ireland's stint in Troika rehab is over but missed opportunities pose real risks, writes Daniel McConnell

Daniel McConnell

Daniel McConnell

IRELAND'S exit from its three-year stint in Troika rehab was confirmed last week. Compared with the bloated, strung-out mess which the country was in at the end of 2010, when we checked in, there is no doubt the Irish patient, albeit still incredibly fragile, is now on the mend.

Akin to the Z-list pop star who partied too much, Ireland for almost a decade binged on its own deluded guff that we were the best in the world. Champagne, cocaine, property, helicopters – all bought on credit, which we now can't pay back – we couldn't get enough.

A nation which had completely lost the run of itself.

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