Sunday, October 5, 2008

Big trouble in Little Iceland.

The Party is over for Iceland, the country that tried to buy the world

The bigger you get, the harder you fall, I guess. Is this a rare case of national overstretch or a warning of the future for the UK/US?

Posted by richard @ 09:09 AM (339 views)
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3 thoughts on “Big trouble in Little Iceland.

  • Good post. Don’t know how this one has been missed.

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  • This is precisely what happened in Germany and Austria from the 1920s to the 1930s. Then look what happened.

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  • planning4acrash says:

    All eyes on this. The nature of the crash could be a microsm of what could happen to Sterling. The solution will be one to watch. Will the EU circle them and try to get the Euro in? If they do, it will be a story to use to warn your fellow man in advance! More on the story here:

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