Quote:
Originally Posted by Itse
Those consequences would be: moderately good economic recovery, declining unemployment, and as IMF says, and I quote:
http://www.imf.org/external/pubs/ft/...CAR110311A.htm
And to end that article:
Basicly, right now Icelanders can basicly say "suck it, rest of the world, we know what we're doing."
Or to quote a Nobel Prize winner in economics, professor Joseph Stiglitz
Also, for those who question why bother with income inequality issues (ref. occupy-movement); from the same article:
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Also from the article about the economic recovery of a country with 300,000 people...
Key to Iceland’s recovery has been an IMF-supported program worth $2.1 billion that ended in August this year.
...and another $2.5bn of loans and currency swaps from Norway, Sweden, Finland and Denmark.
Sweeeeet!! Suck it rest of the world, indeed!