To compliment the Irish Property Bubble we have our Qualification Bubble built on the same false premise - rather than everyone becoming rich by investing in property - it is everyone can become rich by acquiring a qualification, a masters or better still a PhD.
The qualification boom moved in unison with the property boom, we built all these new achedemic institutions populated them with fools and then sold qualifications to allcomers.
The double whammy is that the qualified were and are fooled into thinking they are something they are not ..... educated.
The new institutions and courses mushroomed we now have qualifications in every subject, we can hardly go to the bathroom without a qualification and knowledge of "best practice". Qualifications are the new devalued currency suffering from rapid inflation and soon will go bust.
We have populated the Universities with mediocrity, people who have no life experience just book learning. These people are often arrogant and uneducated and hunger after the power privilege and status of being a lecturer.
The rumblings are beginning..... Ireland will soon be found out for having an over qualified and undereducated population.