LAST WEEK AT the World Economic Forum in Davos there appeared to be widespread agreement that the global economic crisis, which began in 2008, is now over.
Government officials, economists and the heads of some of the biggest companies in the world summarised that the worst of the crisis is over with fears about Italy and Spain’s economic prospects eased and the US making slow but steady recovery. But there is still plenty to point to the worst not being over with eurozone unemployment at record levels and economic growth expected to be sluggish or non-existent across Europe this year.
Here in Ireland high unemployment and doubts over the government’s ability to get a deal on reducing the burden of its bank debt are a cause for concern but the government can point to 12,000 jobs being created last year and to deficit being reduced further.
So today, we want to know: Do you think the global economic crisis is over?
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