Episode Details

Nama’s mission was audacious: clean up Ireland’s banking mess after the 2008 crash by buying toxic property loans and forcing developers to pay back in full. It worked—returning over five billion euros to the State, proving the government could act boldly in a crisis. But while Nama delivered cash, it missed opportunities to tackle the housing shortage head-on. The legacy? A recovery built on austerity, with scars still visible—and proof that even in apocalyptic times, decisive action can yield results.

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