ftalphaville.ft.com - 11/21/2008
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Switzerland’s famous for chocolate, cheese, knives, neutrality and banking . It’s the latter that could be problematic. From VoxEU : Citi Chart In this crisis, the strength of a bank’s balance sheet is of little consequence. What matters is the explicit or implicit guarantee provided by the ...
business.timesonline.co.uk - 11/23/2008
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business.timesonline.co.uk —
Is Britain simply a bigger version of Iceland?
Certainly the City of London is starting to look
a bit too much like Reykjavik, but with taller buildings and fewer cod. It is an exaggeration, but not that much of an exaggeration, to liken the UK to ...
(more)
Britain is in no position to laugh at Iceland’s ...
france24.com - 11/25/2008
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france24.com —
REYKJAVIK - Thousands of Icelanders demonstrated in Reykjavik
on Saturday demanding the resignation of Prime Minister Geir
Haarde and Central Bank Governor David Oddsson for failing to stop a financial meltdown in the country. It was the latest in a ...
(more)
Icelanders demand PM resign during violent protests | ...
seeingtheforest.com - 11/15/2008
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seeingtheforest.com —
The small and hitherto very prosperous nation of
Iceland seems likely to go bankrupt. At the moment
they don't have even enough foreign exchange to import food (which they can't grow themselves), and...
(more)
How did Iceland go bankrupt?
Comments
Blog Reactions
End of the beginning?
Crooked Timber —
... Not only major institutions but whole national economies are up for grabs now. The national bankruptcy of Iceland seems likely to followed by something similar for Switzerland. As Citi itself points out, UBS and Credit Suisse are bigger, relative to the Swiss economy, than Kaupthing was for Iceland. Felix Salmon (also predicting ...
The End of Switzerland
Matthew Yglesias —
... Not only major institutions but whole national economies are up for grabs now. The national bankruptcy of Iceland seems likely to followed by something similar for Switzerland. As Citi itself points out, UBS and Credit Suisse are bigger, relative to the Swiss economy, than Kaupthing was for Iceland. Felix Salmon (also predicting ...
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yglesias.thinkprogress.org 7/26/2009 — Stadttheater, Berne, Switzerland (my photo, available under cc license)
With Brad DeLong’s caveats I agree with him that Christopher Caldwell’s FT article on the fiscal fiasco in California is quite good. But I do have one ...
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