Observations and opinions. My opinion and $1 (it was 50 cents but I've adjusted for inflation) will get you a cup of really bad coffee.
Wednesday, February 15, 2012
Meanwhile, Back in Bjork Land
"Iceland’s pain was mostly front loaded, and their growth in 2012 (est. 3%) is looking brighter than most countries in the debt-plagued developed world. Not spending tax dollars on bail outs, they have been able to double down on investment in things that will strengthen them long-term like education and green technology. They are an example of how it is possible for a country to let the banks take their deserved losses, and still overcome deep economic dislocation without undoing the social fabric."
Danielle's Juggling Dynamite
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