Recession Talk

So we now have 400 billion Euro to blow...........wahey!


One thing I noticed during all the doom and gloom of the recession hype over the past two or three months was the media evoking flashbacks of the 80s recession.

I have been folowing the media on a regular basis since I was capable of processing the information and call me lost/slow or whatever you want, but I was never aware of the extent of the 80s recession. I knew things werent the best and emigration was high but it sounded like Ireland was some post-apocalyptic gutter hole.

During the era of the Celtic Tiger was my generation covered in a sheet of bubblewrap(excuse the irony) from the dark days of mid 80s Ireland or were all the flashbacks the medias love tool?