In 2006, there was Iceland bragging over its vast growth and ability to be a global player. So they fall apart in 2008, with Icelandic people refusing to compensate anyone who held stock in the Icelandic banks that went bust. Now, they openly talk of the great recovery, the great new market, etc. A meteor could strike the island and take out 99 percent of the population....and yet some guy would show up at Davos the next year and comment on the great recovery of Icleand, and how it was a fine place to invest.
I'm listening to a radio program presently that is titled,"2013, The Best Year EVER To Buy A House/Home"