Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Latest Breaking News

dipsydoodle

(42,239 posts)

10. That's right

Reply to Purplehazed (Reply #9)

Thu Jan 24, 2013, 11:44 AM

Jan 2013

Allusions with Iceland make no sense. The government took over 3 private banks ,without nationalising them , and assumed responsibility for the debts which remain payable given time. Iceland used IMF funds to achieve that.

The situation increased both unemployment and inflation there both of which are slowly correcting.

Edit history

Please sign in to view edit histories.

13 replies

= new reply since forum marked as read

Highlight:

Spain's unemployment jumps to 26.02 pct [View all] Bosonic Jan 2013 OP

Jebus! Now the rest of their economy is going to fall apart Warpy Jan 2013 #1

Fortunately for Iceland . . . another_liberal Jan 2013 #6

I love Spain and the Spanish people......want this situation to have a happy ending... Pachamama Jan 2013 #8

Iceland crisis was different Purplehazed Jan 2013 #9

That's right dipsydoodle Jan 2013 #10

So much for austerity Lunabelle Jan 2013 #2

It just goes to prove my point Tab Jan 2013 #3

A memory that puts this in perspective for me is when I watched my grandmother wash and 2on2u Jan 2013 #4

The bankers must be paid! another_liberal Jan 2013 #5

What a profound statement. dipsydoodle Jan 2013 #7

I have a suspicion . . . another_liberal Jan 2013 #12

After Real Madrid's season ends, that number will be over 30 Blue_Tires Jan 2013 #11

Actual unemployment rate in the US area51 Jan 2013 #13