However, do not forget that the short periods Sósílaistar / People

But he could be sighted, I feel will never forget his analysis of the impact of síverðbólgunnar minded power washing nation. He said that inflation would lead to all the exchange value fell, including moral value. Inflation would lead to a devaluation of ethics.
Note that almost all public from Gauk expansion draft, grew up in those years, they knew nothing more than inflation until they were over twenty. May be immorality, and irresponsibility fífldirfska their finances takes root in the inflation of thinking of these years?
7.4 2010 @ 09:50
I think this is just a guy who grew up at a time of inflation and devaluation had become distant past. Inflation is under control and the financial resources it requires to keep valuables in their production to remain in effect. At low inflation over time they grew a national financial system at the expense of the production system slowly power washing until the financial system began their dividends almost all of the production samfélagsin and went on to pledge and play with him on foreign gambling markets.
Reply
However, do not forget that the short periods Sósílaistar / People's Alliance was in power in Iceland last century, was also the worst inflationary times. Then the economic policy always out of control, with associated gengishruni and expectations ...
Crash happened because we were building an international banking too small coin. It is simply not possible. Those who fought hardest power washing for ISK loans were David Oddsson and marine arm of the first six months of the Independence. They had better wrestling on ISK vs euro in 2003 and left the left. Everything to come and teach the Vikings was the result of being too small an economy to support international companies. They had the money to maintain. He was not getting in Iceland because it was too small, nor from foreign banks because they do not trust the currency. Afleyðingin was that in order to get more money into the banks established online accounts such as Edge and Icesave. They stopped, but not until they created an outlet Reykjavik analyzes. Vikings were never more than a tool bank to get more money as a result of not having a normal currency.
People overestimate the power of Vikings. They were never more than a tool of bankers to spin the carousel and to blow out. The banks chose men with the right cv in this that this colors better.
Svissararnisr, I think most sensible most people álvunnar, in terms of protecting their manufacturing practices and an equally firm in the belief that good hndverk and output that holds most of the other spin, would affarasælust advances, -kusu cancel contracts power washing for EU membership - resigned FROM relevance Bulls after they realized that they were probably not sufficiently large to maintain their values in the wide open community fairs had to be.
Those who are now in the new chairs in the system, some of which alternative offices. Examples might include the current Minister of Commerce, who was in the Competition as machines of complaints that Vikings (pending Vikings apologized to ask their name to slöttungsþjófa) and Orientation of the insert in the separable rules imposed to restrict them to a thief stealing funds our population, such as insurance power washing funds and the like.
Good post Jon Eggert, you give the bank the men too much "praise." There is no evidence power washing that they were playing a game where they did in very well aware of the rules, or where they were playing with others. In fact, they were victims of a much larger forces associated financial system in the world. power washing Thinking that it would be possible to navigate the rough waters of the wobbly álkrónum were not just failures of banks, but also the government.
Rather it was a toxic combination that Icelandic authorities were trying to defend the currency / hold down inflation, while dramatically by cheap capital was to the world, the foundation of what happened in Iceland. Thea., Icelandic banks could take advantage of "carry power washing trade" to finance power washing itself. Because the worst thing that happens is that banks have access to cheap money, but not to use it, then the banks went into partnership with a bold fool "Vikings."
I have not lived in Iceland for almost 20 years, but within the same generation of the Vikings, and knew many of them when I lived in Iceland. These are neither better nor worse than people are traveling anywhere in the world. Some better and others worse as ever. But inexperience and loose loops, in combination with some kind of famine smásálarhátt, seems to have driven men out consistently large call ogy crazy decisions. It is certainly an Icelandic thread in this story, but it is not restricted to the Vikings.
It will be interesting what the parliamentary committee's report says, but I seem to really have many good things happen in the beginning of the expansion, but this was what the Greeks