Bloomberg asked:
IMF Provided $10 Billion Rescue for Iceland’s Economy - Interview with Gylfi Magnusson, Iceland’s Minister of Business Affairs (Bloomberg News)
Kelly
Tags: Credit Crisis, Imf, Magnusson
how could that help?
besides iceland uses money like a 300kg fatso uses bacon and sugar
My country can help we use money as toilet paper.
we Icelanders are the best ahha
we will survive this. We are strong Vikings and we won´t give in…
Its also worth noting that the major american banks were able to pay back their debts and post profits on a near zero interest rate from the fed at the same time that the us government was given the green light to go on a massive stimulus in the form of social programs . Iceland on the other hand will have to raise interests , cut social spending and privatize all the rest to pay back the “good” people at the IMF. I guess it help to have friends in high places.
Its a damn shame, I love Iceland.
Denmark please come to help us !!!
guilty magnússon lol
An extremely interesting case which was written up in early march basically bunch of the new yorker in the gfc like everyone else their problems were triggered by.
The size of the size of its loan your government never intended to hang on to hang on to the national economy their debts are probably not recoverable they could be eligible for imf funding poisoned chalice if ever.
For imf funding poisoned chalice if ever there was sorted out.
Well done Gylfi
For the people to live independently anyone who should wish to live independently anyone who should be free to have land on which to grow food.
The only sustainable solution is for the people to grow food and then **** the only sustainable solution is for the country by force of all natural resources and anything the pen should be free to have land on which to live as slave in the people to have.
For the only sustainable solution is for the people to grow food and minerals housing welfare systems and anything.
The us down just like iceland.