Why did the Irish economy go from boom to bust?
financial difficulties represent an alarming 50% of GDP. Monsieur Jean Claude Trichet, President, European Central Bank, on a visit to Dublin, Ireland, is confident Ireland has taken the appropriate financial measures and will recover financially when the economic upturn happens. Irish people are diligent and committed workers and experienced massive unemployment in the 1930s, 1950s and 1980s when emigration was a safety factor and Irish people were welcome abroad, worldwide. Emigration is not available as readily in the year 2009. Ireland is not solely composed of vacuous celebrities, ready for a headline quote. Is a celebrated solicitor known solely for swapping women with some Chicago dancer? Fame indeed. What do these people know about the economy. Poland’s automatic teller machines and automated banking system were developed by Allied Irish Bank during the early 1990s. 150,000 Polish people enjoyed a welcome in Ireland during the good years. They remain welcome, razumiem Polska. I
