Oireachtas Joint and Select Committees
Thursday, 7 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Susan O'Keeffe (Labour) | Oireachtas source
And I just wanted to draw your attention to two other quotes in that same report. It says in it, it talks about soft landings and that whole notion and it actually says: "If a soft landing is defined as something that is both mild and gradual, there has not been a single case out of the 49 boom-bust cycles." That's a fairly serious remark to make, and clearly you would have been familiar with that article, that report, at the time.
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