Sunday, July 08, 2012

ICELAND THRIVING AS EUROPE FADES

AND THE REASON: THEY HAVE THEIR OWN CURRENCY AND ALLOWED BANKS TO FAIL, AND INFLATION TO RUN UP IN THE SHORT TERM.

NOW INFLATION IS DOWN AND THEIR ECONOMY IS GROWING.

GREECE AND SPAIN SHOULD DO THE SAME THING.  AND THE SOONER THE BETTER.

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