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In The Meantime Iceland Is #Winning
ZeroHedge ^ | 2/17/12 | Tyler Durden

Posted on 02/17/2012 9:05:17 AM PST by Kartographer

While Greece and Europe continue sinking ever deeper into the colonial quicksand of Pax Goldmania, Iceland, which blew up, pushed its banks into bankruptcy, and arrested its corrupt bankers, is well on its way to being the world's only normal country.

ICELAND RATINGS RAISED TO INVESTMENT GRADE BY FITCH FITCH UPGRADES
ICELAND TO 'BBB-'; STABLE OUTLOOK
FITCH DOES NOT EXPECT ICELAND TO SLIP BACK INTO RECESSION
FITCH SAYS ICELAND GOVERNMENT DEBT PEAKED AT 100% OF GDP IN '11

(Excerpt) Read more at zerohedge.com ...


TOPICS: Business/Economy; Government; Politics
KEYWORDS: crime; iceland
This is what needs to be done here. Will it hurt? Hell yes it will. Will we get through it HELL YES we will. But there are a lot of people in banking, investing and in the watchdog agencies that need to go to jail and learn the pleasures of domestic bliss under the gentle tutelage of former crack dealing street thugs.
1 posted on 02/17/2012 9:05:25 AM PST by Kartographer
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To: Kartographer

I agree. There should have been no attempt to save the banks or those individuals who lent irresponsible amounts of money to the PIIGS.

They need to be cut off and cut off sharply, if there is to be any hope for recovery.


2 posted on 02/17/2012 9:11:59 AM PST by Jonty30 (What Islam and secularism have in common is that they are both death cults.)
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To: Jonty30

Ditto!!


3 posted on 02/17/2012 9:27:28 AM PST by SMARTY ("The man who has no inner-life is a slave to his surroundings. "Henri Frederic Amiel)
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To: Kartographer
Pax Goldmania

I like it. Has a Steynesque ring to it.

4 posted on 02/17/2012 9:30:16 AM PST by Oatka (This is America. Assimilate or evaporate.)
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To: Kartographer

I would like to go on record that henceforth all stories dealing with countries like Iceland and/or other Scandinavian countries MUST come with picture/pictures of the local female population(18-40) so as to provide a glimpse of the , ah...um..er, local color! yeah, that’s it. A picture of the local color. Thank you.


5 posted on 02/17/2012 9:35:26 AM PST by jmacusa (Political correctness is cultural Marxism. I'm not a Marxist.)
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To: Kartographer

It will be a long time before they go after corrupt “Wall Streeter’s” and corrupt bankers. Their first victim should be John Corzine and he is being protected by the Democrats. Looks like if you put $$$ in the politicians pockets, you’re safe.


6 posted on 02/17/2012 11:34:42 AM PST by mia
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