Eoghan Harris: We need to break free of the rogue elephant before it crushes recovery
In times of confusion and crisis we need clarity. The first step is to list core convictions. Here are 10 things I believe to be true about the current crisis.
1. I believe that the coping class is close to collapse and that the next Budget could begin a breakdown of civil society.
The slow piling on of new taxes can be compared to the barbaric punishment called peine forte et dure (hard and forceful punishment). The victim was laid beneath a door and heavy stones piled on until the poor wretch suffocated.