Sunday, 19 February 2012

Iceland's Viking Victory:

Congratulations to Iceland. Fitch has upgraded the country to investment grade BBB – with stable outlook, expecting government debt to peak at 100pc of GDP.


Lessons From Iceland:

We have been told that there is no way out of the debt burden that has been imposed on Irish citizens as a result of the collapse of the banks. But that, after all, may be no more than propaganda.