More Clear Thinking from Tiny Iceland

From the U.K. Telegraph, this wonderful example of how to solve a debt crisis: let the banks fail. As you read this, please understand the "recovery" model that is being put forward, and supported by politicians of all stripes, for the U.S. That model is this: endless free money and bonuses for the banks, and [...]

By |2010-12-13T17:49:28-05:00December 13th, 2010|Uncategorized|0 Comments

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