Kamis, 03 November 2011

Why Greece should "pull an Iceland"

From Washington's blog, November 2, 2011: Iceland Told the Banks to Pound Sand … And Thereby Saved Its EconomyIceland told the banks to pound sand. And Iceland’s economy is doing much better than virtually all of the countries which have let the banks push them around.Barry Ritholtz noted in May:Rather than bailout the banks — Iceland could not have done so even if they
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