Recession in Ireland?

The talk of the town now in Ireland is about recession. Its government and people are worried about it. Some sectors are asking what happened to the Celtic Tiger? Seemingly, it is sick. The economy is bad. The housing sector is not doing well. The government is blaming its officials for “mismanagement” of its public money. For instance, there is a question of government’s spending on tribunals. It is a costly one at the expense of the Irish people. On the other hand, health care and public schools are not given much attention by the government. What will  happen then to Ireland when suddenly it collapses economically?