Monday, October 6, 2008

The Icelandic Viking Hedge Fund Economy Sinking Fast

Icelandic government battles to save the economy

Iceland (population a mere 300,000) sees the government take over housing loans held by the banks and put them in a government housing fund and guarantee all of the domestic deposits in Icelandic savings accounts as their currency plunges and inflation rockets.

Posted by enuii @ 08:23 PM (564 views)
Please complete the required fields.



2 thoughts on “The Icelandic Viking Hedge Fund Economy Sinking Fast

  • They,ll be alright. There’s plenty more fish in the sea.

    Reply
    Please complete the required fields.



  • Umm, I’ve just watched Newsnight and one of the issues they very carefully skirted around is the rather inconvenient fact that your money is now safer just about anywhere apart from the UK.

    You won’t see that anywhere in print either …

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>