Pages

October 28, 2008

Pity Iceland, scorn the IMF

Per the normal “austerity measures” the International Monetary Fund inflicts on client countries, Iceland is raising interest rates to 18 percent. Now tell me, just how is this actually supposed to help Iceland’s economy recover?

No comments:

Post a Comment

Your comments are appreciated, as is at least a modicum of politeness.
Comments are moderated, so yours may not appear immediately.
Due to various forms of spamming, comments with professional websites, not your personal website or blog, may be rejected.