Iceland Insolvency - When your bailout backfires

Discussion in 'Economics' started by lrm21, Oct 5, 2008.

  1. lrm21


    I know its only Iceland but just like trying to bailout one bank was more than they could handle, we are now trying to bailout the entire system.

  2. They'll just keep doing what they do now: drink hard liquor to excess and keep the damn ferners out.
  3. That's what could happen when you introduce cancer from a small balance sheet to a big one.