Industrialized Cyclist Notepad

Iceland Wins


via Krugman:

Here’s an idea: Make the banks, rather than the public, eat the losses that the banks created.

Meanwhile, in Iceland…

While Greece and Europe continue sinking ever deeper into the colonial quicksand of Pax Goldmania, Iceland, which blew up, pushed its banks into bankruptcy, and arrested its corrupt bankers, is well on its way to being the world’s only normal country.

via In The Meantime Iceland Is #Winning | ZeroHedge.