History UsefulNotes / TheCelticTiger

28th Aug '12 4:39:32 PM MarkLungo
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For ten years it soared as if nothing was wrong, surviving the (dot)bust and 9/11. And then, suddenly, like Challenger, when everything looked like it was okay, the whole lot blew up. The tiger is dead, killed by the great recession of [[TurnOfTheMillennium the 2000s]] and TheNewTens.
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For ten years it soared as if nothing was wrong, surviving the (dot)bust and 9/11. And then, suddenly, like Challenger, when everything looked like it was okay, the whole lot blew up. The tiger is dead, killed by the great recession of [[TurnOfTheMillennium the late 2000s]] and TheNewTens.
28th Aug '12 4:39:21 PM MarkLungo
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Allegedly coined by the Irish economist David McWilliams (but the first recorded use of the phrase is by Kevin Gardiner), as a description of the Irish economy of the late nineties and early millennium years, nothing could be more apt... except for the space shuttle Challenger. A term stolen from the Asian tiger Economies of the early nineties, it describes how, propelled by government incompetence and corruption, and a shedload of Euro from nowhere, the Irish Economy got off the launchpad through cheers all around.
to:
Allegedly coined by the Irish economist David McWilliams [=McWilliams=] (but the first recorded use of the phrase is by Kevin Gardiner), as a description of the Irish economy of the late nineties and early millennium years, nothing could be more apt... except for the space shuttle Challenger. A term stolen from the Asian tiger Economies of the early nineties, it describes how, propelled by government incompetence and corruption, and a shedload of Euro from nowhere, the Irish Economy got off the launchpad through cheers all around.
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