ST Alpha - "and?...how many of them were idiot 'investment' bankers thatbroughtthe country to emense wealth nd so deep in a hole bankruptcy overnight?" (Reading a Post)

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In response to "Iceland has an entire population of someting like 300,000 people. it's like a suburb. -- nm" by Andie

and?...how many of them were idiot 'investment' bankers thatbroughtthe country to emense wealth nd so deep in a hole bankruptcy overnight?

Posted by zeitgeist Mar 2 '12, 12:02

I mean how many wall stret bankers brought the us to the brink?

300? 3,000?

Responses:

Average external debt per Icelander: $10,000. Average external debt per Canadian: $30,000 - Roger More Mar 2, 12:07 2
- from npr, maybe old now, but beforethe crisis, many consumers bought homes/cars in euros, after crisis those $50k cars cost $500k -- nm - zeitgeist Mar 2, 12:15 1
  - which is why they want to have a currency that is used by more than 300,000 people and is less susceptible to massive devaluation against other - Roger More Mar 2, 12:20
I think if they work it just right, they can have a financial and a volcanic meltdown *at the same time*... -- nm - con_carne Mar 2, 12:07

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