"CMAT's Euro-Country reflects on the 2008 financial crash, from a child's perspective, and features the lyrics All the big boys/All the Berties/All the envelopes/Yeah, they hurt me/I was 12 when the das started killing themselves all around me. The song appears to have hit a major nerve with Ireland's millennials, most of whom are experiencing major frustrations as a result of Ireland's economic and housing situation."
"Maguire - a business journalist for RTÉ - interviewed a number of young people about the realities of their lives. Much as the name of his book suggests, the 'bailout babies' are those who were children during the final days of the Celtic Tiger, and around the time of the International Monetary Fund bailout, agreed alongside the European Central Bank and European Commission to the tune of €85bn in late 2010."
A generation raised during and after Ireland's Celtic Tiger crash has redefined adulthood across housing, employment, relationships and migration. Many experienced the 2008 financial crash as children and now face housing scarcity, precarious work, side hustles and emigration. CMAT's song 'Euro-Country' evokes childhood memories of the crash and references lyric lines about envelopes, Bertie and suicides, resonating strongly with millennial frustrations. Interviews with young people reveal altered life choices, delayed milestones and economic insecurity. The term 'bailout babies' denotes those who were children during the final days of the Celtic Tiger and the €85bn IMF-EU bailout in late 2010.
Read at Independent
Unable to calculate read time
Collection
[
|
...
]