This article misses a few important things such as:
-That Iceland has a population of slightly over 300,000, which makes writing a new Constitution over the Internet feasible, at least more feasible than, say, the United States trying to write a new Constitution over the Internet.
-That it is not as easy for Greece, Italy, Spain and Portugal, as parties to the euro, to rebuke their debt (lenders be damned) as Iceland did because Iceland's collapse didn't come with a threat of contagion that could bring down Germany and France.
-That Iceland's better-than-expected recovery probably has something to do with the Greek clusterf*ck starting up at about the same time.
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-That Iceland has a population of slightly over 300,000, which makes writing a new Constitution over the Internet feasible, at least more feasible than, say, the United States trying to write a new Constitution over the Internet.
-That it is not as easy for Greece, Italy, Spain and Portugal, as parties to the euro, to rebuke their debt (lenders be damned) as Iceland did because Iceland's collapse didn't come with a threat of contagion that could bring down Germany and France.
-That Iceland's better-than-expected recovery probably has something to do with the Greek clusterf*ck starting up at about the same time.
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