Oireachtas Joint and Select Committees

Wednesday, 24 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Sean BarrettSean Barrett (Independent) | Oireachtas source

Wouldn't the two overlap, though, if you saw credit expanding at 25% a year? You know, that must have implications for the macroeconomic state of the country, so you couldn't have remained immune from such a heavy increase, year after year, in the amount of credit that the banks were extending.

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