Watch Brian Cowen’s economic analysis of the Irish Economy – a year ago to the exact day

On this day a year ago Taoiseach Brian Cowen gave an interview to Bloomberg TV station stating that ‘ the fundamentals are sound’,  ‘corrections in the Irish residential building market’,  ‘no need for re-capitalisation of the Irish banks’,  plenty of liquidity in the Irish banking market’ .

Watch (in astonishment) HERE

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