Thanks for one of the best explanations I have seen on Iceland's financial woes. The graphics and words combined are very helpful for my learning style.
So...Iceland woes started after they decided to privatise the banking sector...Figures.
Sure, it's right there in the graphic: "...and fell into the hands of people with good political connections but little banking experience."
That one will get you every time, especially if your country has roughly the population size, climate, industrial capacity, and land area of North Dakota.
That's a delightful graphic. Thanks for the explanation, I'd been wondering why Iceland was SO much worse off than other countries.
So ... Iceland woes started after they decided to privatise the banking sector ...
Figures.
Oooh, Associate Editor! (Or did I miss the announcement?)
Can't read the text so I can't opine on the graphic.
Next time, just give us text.
Your third suggestion sounds like Iceland's best hope: get Bjork to do an IceAid concert.
Thanks for one of the best explanations I have seen on Iceland's financial woes. The graphics and words combined are very helpful for my learning style.
Dave>> Can't read the text so I can't opine on the graphic.
Click on the graphic - it enlarges.
Loved the snark. Was that you too?
So...Iceland woes started after they decided to privatise the banking sector...Figures.
Sure, it's right there in the graphic: "...and fell into the hands of people with good political connections but little banking experience."
That one will get you every time, especially if your country has roughly the population size, climate, industrial capacity, and land area of North Dakota.
I think the Hummer should have been a Hummer Limo.
"...and fell into the hands of people with good political connections but little banking experience." Paging Mr. Rubin ?