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z92
on Sept 30, 2011
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The world economy is heading towards a black hole ...
Look at Iceland.
anigbrowl
on Sept 30, 2011
[–]
I'm looking at it. It's 1/1000the the size of the US, has 2 exports worth talking about, and it has to offer an 8% coupon in the bond market. This does not strike me as a useful model for the US or EU.
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