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Post date: Jul 26, 2009 9:29:47 PM
Iceland's krona proves the magic wand as Europe ails
Iceland's krona proves the magic wand as Europe ails
Iceland's krona is working its magic cure.
Iceland's krona is working its magic cure.
Well-heeled Japanese tourists – once a rarity – can be seen these days sampling halibut at Reykjavik's Siggi Hall, or buying Gymur jackets at the 66°North store on Bankastraeti.
Well-heeled Japanese tourists – once a rarity – can be seen these days sampling halibut at Reykjavik's Siggi Hall, or buying Gymur jackets at the 66°North store on Bankastraeti.
Tengt efni
The krona has fallen by half against the euro since the `New Viking' trio of Landsbanki, Glitnir, and Kaupthing strayed out of their depth and brought down Iceland's financial system.
"Everything still feels normal. The services of the state are intact. The swimming pool is open. You can still have a decent heart attack in Iceland," said Mr Magnason.
By then the delayed cluster bomb of Europe's unemployment will have detonated. Try selling EU protection then.
26 Jul 2009
Lesið alla greinina sem Samfylkingin og Vinstri grænir vilja saga undan Íslandi, hér á The Telegraph
Grein Ambrose Evans-Pritchard birtist í dag 26. júlí 2009
Grein Ambrose Evans-Pritchard er hægt að lesa á íslensku á AMX.IS
Grein Ambrose Evans-Pritchard er hægt að lesa á íslensku á AMX.IS
Íslenska krónan töfrasproti, þegar Evrópa veikist
Íslenska krónan töfrasproti, þegar Evrópa veikist
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