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philmophlegm August 20 2012, 11:22:15 UTC
"Iceland refused to bail out the banks or cut back on welfare..."

...and just as crucially never joined the Euro.

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andrewducker August 20 2012, 11:32:26 UTC
Oh yes - deflation was very-much their friend.

(I used to be neutral to slightly-favourable on shared currencies, but decided that more currencies would be better than less some time ago - if Scotland was independent then I'd be in favour of it having its own currency, as it would no-doubt help exports enormously. Heck, the North of England is could frequently do with different economic policies to London.)

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gonzo21 August 20 2012, 11:57:32 UTC
Yeah, I was just about to say, the article says the Krona lost 80% of its value compared to the Euro. Which I would think single-handedly saved them.

I wonder how much the pound has lost in real terms to the Euro after all of the quantitative easing thats been going on.

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andrewducker August 20 2012, 12:02:15 UTC
http://finance.yahoo.com/q/bc?s=EURGBP%3DX+Basic+Chart&t=5y

We're doing rather well. Because of Greece, Portugal, Spain, etc.

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channelpenguin August 20 2012, 13:03:00 UTC
Secret Trials - and the comments - totally worth reading (esp. the long one by ScottishLady). I've been pissed off/ despairing etc. about the state of the country/world/humanity for bloody years and years. I still am. Still don't know if there is anything effective or at all useful that I can personally do ( ... )

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heron61 August 20 2012, 20:21:59 UTC
Apparently a sitcom-character can be likable even though they're a rapist - if they're a woman.

I enjoyed the 2009 show Eastwick quite a bit, until they had one of the characters use her mind control powers to essentially rape a guy - a situation that was made even worse by the fact that the guy was gay and the next episode had the other two characters joke with the rapist at how embarassing it was that the man she forced to have sex with her was gay.

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andrewducker August 20 2012, 20:25:58 UTC
Yup. It's very troubling when people just don't see it.

At least in Louie the writer of the show seems to get it. The reviewer, not so much.

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