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;
Meanwhile, in Iceland...
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kalm
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Meanwhile, in Iceland...
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houndawg
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Re: Meanwhile, in Iceland...
throw them on a pyre of burning bank VPs...93henfan wrote:Start with the credit union execs!
You matter. Unless you multiply yourself by c squared. Then you energy.
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Re: Meanwhile, in Iceland...
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.
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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kalm
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Re: Meanwhile, in Iceland...
We are almost in a decades long, generational long, reset.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.
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Meanwhile, in Iceland...
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...
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?!?
Delaware Football: 1889-2012; 2022-
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Re: Meanwhile, in Iceland...
People in Iceland willingly chose to eat piss flavored fish! And Kalmy wants to be like them.
"Elaine, you're from Baltimore, right?"
"Yes, well, Towson actually."
"Yes, well, Towson actually."
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houndawg
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Re: Meanwhile, in Iceland...
You might want to have your doctor adjust the dosage....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 matter. Unless you multiply yourself by c squared. Then you energy.
"I really love America. I just don't know how to get there anymore."John Prine
"I really love America. I just don't know how to get there anymore."John Prine
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houndawg
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Re: Meanwhile, in Iceland...
The costs are passed on to the customers.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.
You matter. Unless you multiply yourself by c squared. Then you energy.
"I really love America. I just don't know how to get there anymore."John Prine
"I really love America. I just don't know how to get there anymore."John Prine
- Grizalltheway
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Re: Meanwhile, in Iceland...
Why do you hate capitalism?houndawg wrote:The costs are passed on to the customers.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.
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Re: Meanwhile, in Iceland...
Are you'all for ending the type of govt bailouts we had in 08'-09'?Grizalltheway wrote:Why do you hate capitalism?houndawg wrote:
The costs are passed on to the customers.
JMU Football:
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Sun Belt Champions: 2025
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CFP: 2025
4 Years FBS: 40-11 (.784). Highest winning percentage & least losses of all of G5 2022-2025.
Sun Belt East Champions: 2022, 2023, 2025
Sun Belt Champions: 2025
Top 25 ranked: 2022, 2023, 2025
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- Grizalltheway
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Re: Meanwhile, in Iceland...
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...BDKJMU wrote:Are you'all for ending the type of govt bailouts we had in 08'-09'?Grizalltheway wrote: Why do you hate capitalism?
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Re: Meanwhile, in Iceland...
You leave AZ alone.93henfan wrote:Start with the credit union execs!


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



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Re: Meanwhile, in Iceland...
Holy shit.89Hen wrote:Iceland now leading the way in eliminating Down Syndrome! Just kill all the people with it.
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Re: Meanwhile, in Iceland...
This story really brings me down........
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- Col Hogan
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Re: Meanwhile, in Iceland...
Totally false headline from CBS...ICELAND is not eliminating Downs Syndrome...89Hen wrote:Iceland now leading the way in eliminating Down Syndrome! Just kill all the people with it.
“Tolerance and Apathy are the last virtues of a dying society.” Aristotle
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Malo periculosam, libertatem quam quietam servitutem.
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Re: Meanwhile, in Iceland...
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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- CID1990
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Re: Meanwhile, in Iceland...
Here CBS let me fix your headline for you
"Iceland is on pace to virtually eliminate children with Down's Syndrome through abortion."
"Iceland is on pace to virtually eliminate children with Down's Syndrome through abortion."
"You however, are an insufferable ankle biting mental chihuahua..." - Clizzoris
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Re: Meanwhile, in Iceland...
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
EU and US responses to economic crises have more effect on Iceland than anything the Icelanders do
"You however, are an insufferable ankle biting mental chihuahua..." - Clizzoris
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Re: Meanwhile, in Iceland...
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
Q: Name something that offends Republicans?
A: The actual teachings of Jesus
A: The actual teachings of Jesus
- CID1990
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Re: Meanwhile, in Iceland...
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-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
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
"You however, are an insufferable ankle biting mental chihuahua..." - Clizzoris
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Ivytalk
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Re: Meanwhile, in Iceland...
They're amazing, all right. Inbreeding will do that to people. Ragnar Ragnarsson marries Helga Helgasdottir, etc.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’m tired and done.” — 89Hen 3/27/22.



