Looking back at the mid-2000s Although it was not recognized at the time, risks to financial stability within the United States escalated to a dangerous level in the mid-2000s.
Global growth has slowed, and is subject to significant downside risks. And as recent market turbulence has shown, vulnerabilities remain in the global financial system. In the face such challenges the Irish economy and financial sector has so far proven itself resilient. Household incomes and employment remain a key source of strength.