Kate O'Connell (Dublin Bay South, Fine Gael) | Oireachtas source

If we look at this example, there is almost an inference that the return received represented good value or was a good idea. When did we give it the money during the bail-out? Was it eight or ten years ago? There is a surplus of €200 million after an eight or ten-year investment period.

It does not seem like good value for money or a good return for the country. The Comptroller and Auditor General referred to the opportunity cost. That money could have been invested in other things, like people's lives. I do not think it is true to say that ending up with over €200 million on that investment was a good idea. It was essential but in terms of a return for the taxpayer, it does not seem like a very good one. AIB's is much less.

Is the reference to the 100% chance of a recession in respect of the present time or 31 October stuff? Can I assume that if we have a hard Brexit looking at a contraction of 8% to 10%, we really will be in an extremely precarious position as a country? Would it be fair to say that?