European Tribune - Comments - Iceland Teeters on the Brink

Iceland Teeters on the Brink | 20 comments (20 topical, editorial, 0 hidden)

... that my impression is that the Royal Danish Shitpile has been accumulated outside the banking sector and merely underwritten by some of the Danish banks, rather than created directly by the banking sector.

I.o.w., some of the Danish banks have been conned by pyramid scammers (including, I would claim, Mr. Fogh), but so far it does not appear that they have been actively pyramid-scamming themselves.

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sat Oct 11th, 2008 at 02:37:19 PM EST
[ Parent ]

Re: I forgot to add... (none / 1)

Thanks for clearing that up. It is a bit hard to keep track of whats happening through all the fog of mediapanik.

A vote for PES is a vote for EPP! A vote for EPP is a vote for PES! Support the coalition, vote EPP-PES in 2009!

by A swedish kind of death on Sat Oct 11th, 2008 at 08:46:48 PM EST
[ Parent ]

Iceland Teeters on the Brink | 20 comments (20 topical, 0 editorial, 0 hidden)

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