Wednesday August 15, 2012, 7:20 pm
thanks

Thursday August 16, 2012, 3:43 am
The Icelandic GDP has only recovered to 92% of 2007 and only 90% of 2008. This abysmal performance mirrors almost exactly that of another country: Greece. The Greeks are actually better off since they at least managed to preserve their savings. Icelandic savers lost half of theirs to hyperinflation. Only a clueless observer would describe the episode as painless adjustment. Only a total madman would call it a miracle. I am also not convinced that devaluation of a currency would not be offset from other countries doing the same. On the other hand, they do compare favorable when compare to several developing Baltic countries.

Thursday August 16, 2012, 1:18 pm
noted thanks !

Friday August 17, 2012, 3:37 pm
Maybe, i didn't read the article closely enough, but i think the author misses 2 very important points about the Iceland experience; 1. Iceland jailed its criminal banksters. 2. Mortgages were written down to fair market value.

Friday August 17, 2012, 4:39 pm
I agree with Robert O

Friday August 17, 2012, 10:10 pm
Iceland went left- all other went right.

Saturday August 18, 2012, 11:07 pm
Noted, thanks.

Tuesday August 21, 2012, 10:29 am
I agree with Robert O.