Tag Archives: Iceland

Iceland’s ex PM: ‘We didn’t know the banks were fishy’

The balance sheets of Iceland’s banks were 9x the country’s GDP before the crash.  Stunning! (click here if video is not observable)

Posted in Black Swan Watch, Sovereign Debt, Sovereign Risk | Tagged , | Leave a comment

Fareed Zakaria’s GPS: Krugman and Rogoff

Great exchange between Krugman and Rogoff on Fareed’s GPS yesterday.   Here’s the money rumble: FAREED ZAKARIA:  Paul, you had a column and a really striking graph, where you point out that if you’d asked yourself what has the market told … Continue reading

Posted in Black Swan Watch, Economics, Fiscal Policy, Monetary Policy, Whales | Tagged , , , | 3 Comments

Iceland’s Journey

(click here if video is not observable)

Posted in Sovereign Debt, Sovereign Risk | Tagged | 1 Comment

Stiglitz: Lessons from Iceland’s Economic Crisis

Interesting take from Nobel prize economist, Joe Stiglitz, on Iceland’s response to its debt crisis, which is becoming a model for some in European periphery.    Austerity is so passé! (click here if video is not observable)

Posted in Black Swan Watch, Economics, Euro, PIIGS, Policy, Sovereign Debt, Sovereign Risk | Tagged , , | Leave a comment