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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Giordano Bruno who wrote (7467)5/18/2008 10:59:24 PM
From: Real Man  Respond to of 71475
 
It sure does.

Foreign debt has risen to more than five times the value of
its GDP, and Iceland's Central Bank has raised short-term
interest rates to nearly 15% in 2007.

Iceland population is 316,000 -g-



To: Giordano Bruno who wrote (7467)5/19/2008 5:42:48 AM
From: Real Man  Read Replies (3) | Respond to of 71475
 
I wonder how Iceland can run a government. I mean, even
foreign embassies, consulates and such. There are not
many. -g- The country's
population is similar to that of US small city, the work force
is probably around 100K-150K. They can't afford a government.
Maybe that's why they are #4 <GGG>

cato.org