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Troll_Whisperer said:
pezus said:
zuvuyeay said:

depends on what media you are reading/watching

^^^ i mean't to quote pezus

At least early on it was almost exclusively bad news about Iceland. Look at us now, we're in better shape than most countries in Europe. I support this move by Britain

I really support what Iceland did. The bankers were the ones that fucked up and the bankers should pay, not the state. When you make investments you know there is a risk of losing your money and accept that risk. They don's mind playing by those rules when they win, but when they lose they need the govermnet to pay for them?

I wish more countries followed Iceland's example.

I agree.

Though honestly, that wouldn't help the Eurpeon Crisis as it is now.

The icelandic problem and the current soverign debt issue are two hugely different issues.

The Icelandic problem was that it's banks collapsed and that might bring the governments down.

The Greek/Italy/Spain/Portugal problem is that their governments are the ones that will collapse bringing the banks down with them.

Basically picture the big deal made about the debt ceiling debate in the US... except you owe more money in interest than you actually bring in, in a year.