Wednesday 24 January 2018

Ronald Quinlan: Figures tell stark tale of how 'people went mad'

The Age of Indulgence

Ronald Quinlan

Ronald Quinlan

"LET me say this to you all: you are not responsible for this crisis." That's what Taoiseach Enda Kenny told the people of Ireland in December 2011 in his State of the Nation address.

"LET me say this to you all: you are not responsible for this crisis." That's what Taoiseach Enda Kenny told the people of Ireland in December 2011 in his State of the Nation address.

Less than three months later Kenny had changed his tune dramatically, telling an international audience of big bankers and big business at the World Economic Forum in the Swiss ski resort of Davos how we had all gone "mad borrowing" during the boom.

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