Meanwhile, in Iceland...

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Meanwhile, in Iceland...

Post by kalm »

Three charts that show Iceland's economy recovered after it imprisoned bankers and let banks go bust - instead of bailing them out


This year, Iceland will become the first European country that hit crisis in 2008 to beat its pre-crisis peak of economic output.
With the reduction of capital controls – tempered by the 39 per cent tax – it continues to make progress.

http://www.independent.co.uk/news/busin ... 09503.html" onclick="window.open(this.href);return false;
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Re: Meanwhile, in Iceland...

Post by 93henfan »

Start with the credit union execs!

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Re: Meanwhile, in Iceland...

Post by houndawg »

93henfan wrote:Start with the credit union execs!

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throw them on a pyre of burning bank VPs...
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Re: Meanwhile, in Iceland...

Post by BDKJMU »

The major US banks repaid the taxpayer + interest.
http://projects.propublica.org/bailout/list/index" onclick="window.open(this.href);return false;
And the bailouts prevented a major economic meltdown that would have made the great recession a truly great depression. With that being said, it also kicked the can down the road. It did nothing to get rid of too big to fail, and will give us more recessions, more bailouts, and more exploding deficits and national debt down the road that could eventually lead to a true economic collapse with a decades long generational long reset.
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Re: Meanwhile, in Iceland...

Post by kalm »

BDKJMU wrote:The major US banks repaid the taxpayer + interest.
http://projects.propublica.org/bailout/list/index" onclick="window.open(this.href);return false;
And the bailouts prevented a major economic meltdown that would have made the great recession a truly great depression. With that being said, it also kicked the can down the road. It did nothing to get rid of too big to fail, and will give us more recessions, more bailouts, and more exploding deficits and national debt down the road that could eventually lead to a true economic collapse with a decades long generational long reset.
We are almost in a decades long, generational long, reset. :coffee:
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Meanwhile, in Iceland...

Post by andy7171 »

Only people in Montana and The Palouse(whateverthatis) think Iceland is paradise. I saw River Monsters there. Fuckers have to dry out their fish for 18 months to get rid of the urine flavor and aroma. WTF!?!
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Re: Meanwhile, in Iceland...

Post by 93henfan »

andy7171 wrote:Only people in Montana and The Palouse(whateverthatis) think Iceland is paradise. I saw River Monsters there. Fuckers have to dry out their fish for 18 months to get rid of the urine flavor and aroma. WTF!?!

What the hell are you talking about, Andy?!?
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Re: Meanwhile, in Iceland...

Post by andy7171 »

People in Iceland willingly chose to eat piss flavored fish! And Kalmy wants to be like them.
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Re: Meanwhile, in Iceland...

Post by houndawg »

andy7171 wrote:Only people in Montana and The Palouse(whateverthatis) think Iceland is paradise. I saw River Monsters there. **** have to dry out their fish for 18 months to get rid of the urine flavor and aroma. WTF!?!
You might want to have your doctor adjust the dosage....
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Re: Meanwhile, in Iceland...

Post by houndawg »

BDKJMU wrote:The major US banks repaid the taxpayer + interest.
http://projects.propublica.org/bailout/list/index" onclick="window.open(this.href);return false;
And the bailouts prevented a major economic meltdown that would have made the great recession a truly great depression. With that being said, it also kicked the can down the road. It did nothing to get rid of too big to fail, and will give us more recessions, more bailouts, and more exploding deficits and national debt down the road that could eventually lead to a true economic collapse with a decades long generational long reset.
The costs are passed on to the customers.
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Re: Meanwhile, in Iceland...

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houndawg wrote:
BDKJMU wrote:The major US banks repaid the taxpayer + interest.
http://projects.propublica.org/bailout/list/index" onclick="window.open(this.href);return false;
And the bailouts prevented a major economic meltdown that would have made the great recession a truly great depression. With that being said, it also kicked the can down the road. It did nothing to get rid of too big to fail, and will give us more recessions, more bailouts, and more exploding deficits and national debt down the road that could eventually lead to a true economic collapse with a decades long generational long reset.
The costs are passed on to the customers.
Why do you hate capitalism? :|
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Re: Meanwhile, in Iceland...

Post by BDKJMU »

Grizalltheway wrote:
houndawg wrote:
The costs are passed on to the customers.
Why do you hate capitalism? :|
Are you'all for ending the type of govt bailouts we had in 08'-09'?
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Re: Meanwhile, in Iceland...

Post by Grizalltheway »

BDKJMU wrote:
Grizalltheway wrote: Why do you hate capitalism? :|
Are you'all for ending the type of govt bailouts we had in 08'-09'?
I'd prefer to have regulation that minimalizes the chances of needing bailouts in the first place. The Canadian model would be a good place to start...
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Re: Meanwhile, in Iceland...

Post by 89Hen »

Such a cute story Kalm.
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Re: Meanwhile, in Iceland...

Post by SuperHornet »

93henfan wrote:Start with the credit union execs!

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You leave AZ alone.

:flag:
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Re: Meanwhile, in Iceland...

Post by 89Hen »

Iceland now leading the way in eliminating Down Syndrome! Just kill all the people with it.

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Re: Meanwhile, in Iceland...

Post by CAA Flagship »

89Hen wrote:Iceland now leading the way in eliminating Down Syndrome! Just kill all the people with it.

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Holy shit. :shock:

:ohno: :ohno: :ohno:
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Re: Meanwhile, in Iceland...

Post by ALPHAGRIZ1 »

This story really brings me down........

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Re: Meanwhile, in Iceland...

Post by Col Hogan »

89Hen wrote:Iceland now leading the way in eliminating Down Syndrome! Just kill all the people with it.

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Totally false headline from CBS...ICELAND is not eliminating Downs Syndrome... :ohno: :ohno:
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Re: Meanwhile, in Iceland...

Post by GannonFan »

It's like a news cycle out of the 1940's - we have eugenics being practiced wholeheartedly in Iceland, Nazis are back, we have a ongoing Red Scare from the scary Russians who are out to get us, nuclear war is going to end the world, and there's a rising Asian power (China) this time threatening us in the Pacific. The more news changes the more it stays the same.
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Re: Meanwhile, in Iceland...

Post by CID1990 »

Here CBS let me fix your headline for you

"Iceland is on pace to virtually eliminate children with Down's Syndrome through abortion."
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Re: Meanwhile, in Iceland...

Post by CID1990 »

BTW if there is a western economy more in thrall to the economies of the EU and the US than Iceland I don't know what it is. Their economic health is affected more by what happens outside their country than in it

EU and US responses to economic crises have more effect on Iceland than anything the Icelanders do
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Re: Meanwhile, in Iceland...

Post by Chizzang »

CID1990 wrote:BTW if there is a western economy more in thrall to the economies of the EU and the US than Iceland I don't know what it is. Their economic health is affected more by what happens outside their country than in it

EU and US responses to economic crises have more effect on Iceland than anything the Icelanders do

It's a petri dish, it has a tiny economy

It's really expensive...
the food is pretty bad too but I love it there...!!!
I'll be back there again in September

The people are amazing
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Re: Meanwhile, in Iceland...

Post by CID1990 »

Chizzang wrote:
CID1990 wrote:BTW if there is a western economy more in thrall to the economies of the EU and the US than Iceland I don't know what it is. Their economic health is affected more by what happens outside their country than in it

EU and US responses to economic crises have more effect on Iceland than anything the Icelanders do

It's a petri dish, it has a tiny economy

It's really expensive...
the food is pretty bad too but I love it there...!!!
I'll be back there again in September

The people are amazing
I used to fly Iceland air all the time when I was doing every august in Glasgow Scotland. They give you a three day layover in Reykjavik on one ticjet- that's smart, really-

The hands down most beautiful woman I have ever seen was an Iceland Air flight attendant. If she had offered to show me around I would have changed my ticket and blown off my first 3 days in Glasgow.

Icelandic beer is absolute crappie though
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Re: Meanwhile, in Iceland...

Post by Ivytalk »

Chizzang wrote:
CID1990 wrote:BTW if there is a western economy more in thrall to the economies of the EU and the US than Iceland I don't know what it is. Their economic health is affected more by what happens outside their country than in it

EU and US responses to economic crises have more effect on Iceland than anything the Icelanders do

It's a petri dish, it has a tiny economy

It's really expensive...
the food is pretty bad too but I love it there...!!!
I'll be back there again in September

The people are amazing
They're amazing, all right. Inbreeding will do that to people. Ragnar Ragnarsson marries Helga Helgasdottir, etc.
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