Economic Meltdown in Iceland
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Uploader Comments (rabarr)
All Comments (9)
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Because the U.S. is the world leader in financial advising.
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Oh no 2 shopping bags and no eating out. Iceland will starve to deathhh ahhhhh.
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everyone did, a a matter of fact
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The economy won't be the same for 25 years. We fucked up bad. :P
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the problem is not that bad here in Canada. we did not give these crazy sub prime loans
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Go to China for help. Maybe they will bail this country out
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This is not an Icelandic problem or American problem, but it is a global problem, and the only people that are not worried about it are the corrupt politicians and the financial "experts" and they saw this comming! Nobody ever questions the authority of government and financial institutions. Thanks for posting some truth, in this world of uncertainty!
3 years ago 2
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While I think Bush is an idiot anyway, I think he is not to blame for the crisis, it's just a failure in capitalism (shortview of agents).
This is not to say that capitalism failed but in the future, we will have to account for risks like this.
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Why are they having the same problems? Because they invested in the fraudulent derivatives that Wall Street was pumping out...The whole world did, they trusted us...they sure won't anymore.
stemcellssave 3 years ago
stemcellssave:
Can I ask you a question? Do you seen the advancement in an assumption of INFERIORITY in those others who "TRUSTED US"? Don't the European bankers, for example, have a mind of their own and weren't they IN IT FOR THE MONEY just as well?
Why do you have a self-deprecating spirit in your response? I assure you that London, Hong Kong and Singapore are all vying to knock Wall Street out of the cat bird seat and become the prime center of finance. I fail to see your point.
rabarr 3 years ago