Cookie Cutter Shark Big Island Hawaii Blackwater night dive.wmv
Last night, November 28, 10pm. Extremely rare cookie cutter shark off Kona Hawaii. This is the worlds first live cookie cutter video. First he' ...
Cookiecutter Sharks
Cut to the Quick by Cookiecutter Sharks Judging by its brown, slender profile, a cookiecutter looks almost docile -- especially compared to a ...
The case of Iceland – the illusion of an amicable default
In 2008, Iceland suffered the biggest financial collapse any nation has ever had, if we consider the size of its economy. Even more striking is the fact that Iceland is no emerging country, mesmerized by the sirens of Western finance, but a modern, affluent nation with a Scandinavian welfare state.
Before the crisis erupted, Iceland, a remote Atlantic island, with the inhabitants of a medium sized European city, was a country famous for its natural wonders visited by many people from all over the world as well as for its music. The collapse of the country’s three major banks (Kaupthing, Landsbanki and Glitnir) led to financial disaster and street protests that toppled the government.
The popular anger and the size of the bankruptcy forced the country to refuse to repay the debts its banks had amassed abroad, earning the island a legendary status among left-wing activists across the world. Faced with the rising tide of national debt “do as Iceland did” has become an appealing alternative. As we shall see in this article, this could be the case only if one is prepared to draw all the correct conclusions from the Icelandic events. Otherwise it is a useless detour from reality.
Shark Factory Serviced News
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The case of Iceland – the illusion of an amicable default Although obvious for Marxists, interesting conclusions started to emerge, such as the fact that privatized banks were giving huge loans to friendly entrepreneurs, hence allowing these sharks to use the deposits of the population for their financial ... |
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