David McWilliams: Why millennials may kill the banking industry

If there’s one industry Irish 'Crash Kids' are itching to disrupt, it’s the banking business

Banking did more than any other industry to undermine the economic prospects of Ireland’s ‘Crash Kids’. Photograph: Bettmann

Banking did more than any other industry to undermine the economic prospects of Ireland’s ‘Crash Kids’. Photograph: Bettmann

Ten years after the Irish banks ran out of money, threatening national bankruptcy and a massive bank run that would have wiped out the savings of the broad middle here, what is the future of banking as we know it in Ireland?

The date 2008 is thought of by many in Ireland as the year everything ended. Yet if you look at technology, 2008 is actually the year everything started.

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