jonbwfc wrote: I was listening to Radio 4 early Saturday morning and they did a piece on Iceland (the country, not the frozen food retailer). Iceland have basically done exactly the reverse of what we've done and their economy is, if not booming, then at least showing strong signs of recovery.
Obviously, Iceland, much smaller country, not the same economy etc. But still next time GO stands up and says 'there is no alternative', it ain't necessarily so.
They also put some of their bankers in jail. The rest are now happy to adhere to a code of practice that ensures it can never happen again, surprisingly. | 
