Debt Rattle, April 2 2008

See also today's earlier post The Power of the Purse Ilargi: Let�s start off the day with a look at Iceland. First it�s good to realize that the country has a total population of just 315.000 people. We have seen in the past 2 months that Iceland has large financial problems; its banking system is reaping the fruits of highly leveraged risky investments. At the time (March 7) when I announced at