Eugene David
...The One-Minute Pundit

Tuesday, October 07, 2008


Now we are forced to pay attention to Iceland, of all places, because its banks went on a buying binge, and they bought properties in England, and one ran a popular Internet bank there, and the country's financial "assets" are nine times its GDP, and it got caught up in the panic like everyone else, and Russia's extended it a loan to stabilize its currency. A lot of bankers do seem to want to burn money, don't they.

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