Normally I wouldn’t post something like this, but I thought it significant enough to deserve a place on this meaningless slice of the internet. The following is the better part (in no less than two senses) of an e-mail I just sent. Enjoy!
From the Financial Times
Re-posted on a financial blogSummary:-Iceland’s banks were mismanage-Because of political decisions of the banks’ high-ups and Gordon Brown (PM of UK), the Krona is in the tank-In an attempt to reassure investors (and citizens), Iceland turned to Russia, a scary prospect for anyone who fears Putin (read: everyone with a brain and without a KGB badge). This only made people more frightened.-This may cause them to turn to the EU for help-An interesting and beautiful culture and people are at serious risk of economic collapse
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