Quote:
Originally Posted by Matt
Iceland is in the top 10 but I thought it went bankrupt?
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These stats are from before the banks fell.
Things are looking a bit better over here though. Our foreign creditors seem to be by and large willing to convert debt to equity, our trade deficit has turned into a surplus, our depreciated currency means foreign investment is on the rise, and negotiations are underway to arrange an across-the-board writedown of home mortages, allowing housing prices to drop to realistic levels without crushing the homeowners.
Things aren't great, but our unemployment problems have stabilized and startup companies in sectors that were crowded out before the crash are popping up.