The Irish Economy Collapses As A Result Of The Global Financial Crisis

Friday, September 24, 2010
By Paul Martin

By: Christopher Quigley
Market Oracle
Sep 24, 2010

“A Guarantee Too Far”

Currently the Irish economy is in freefall following the collapse of the real estate market that had expanded ten fold in the decade from 1997 – 2007. The reasons for this “Celtic Tiger” boom are many but in the main it arose due to the following:

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