The story of Irish political fortunes over the last two years…

Gerard has put up his company’s latest study of consumer confidence over the last two years… This chart in particular stands out: 1 for the massive dip when the bailout was finally forced upon the late Brian Lenihan; and two, the almost immediate upturn which probably reflects one, the recovery from shock and the anticipation of a coming general election…

It also suggests, if you buy the extrapolation across from consumer to political confidence, that the current government is walking a much more difficult path than the previous administration.

You can pick up the whole presentation here

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