Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

the explainer

The Explainer: Is Ireland heading towards another recession?

This week we discussed how different a possible recession could look compared to the post-2008 downturn.

SOME ECONOMISTS IN recent weeks have been warning that Ireland could bee on track for another recession.

The last recession in Ireland, which followed a banking crisis and housing crash in 2008, devastated the country, but there was a sense that real recovery was happening before the Covid-19 pandemic arrived.

This, coupled with the invasion of Ukraine by Russia and a cost of living crisis, has made for grim reading in the business headlines lately.

So what are the factors behind this speculation about another recession?

This week on The Explainer we spoke to Stephen Kinsella, Head of the Economics Department at the University of Limerick and Chief Economics Writer with The Currency, to get some insight.


This episode was put together by presenter Michelle Hennessy, producers Aoife Barry and Nicky Ryan, with a special thank you to Emer Moreau and Stephen McDermott.

Your Voice
Readers Comments
15
This is YOUR comments community. Stay civil, stay constructive, stay on topic. Please familiarise yourself with our comments policy here before taking part.
Leave a Comment
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.

    Leave a commentcancel