More news from Iceland

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PeterTurland
Posts: 541
Joined: Sat Dec 01, 2007 10:03 pm
Location: Leicester

More news from Iceland

Post by PeterTurland » Thu Jun 07, 2012 8:14 pm

As one of the tiniest nations on Earth, this little island has fought the usurers and possibly won.

http://www.wakingtimes.com/2012/06/07/i ... y-cant-we/

Getting people in debt and then lending them even more money at increased interest rates to pay off that debt, is loan sharking.

The gangsters running the world economy will not be satisfied, until they have reversed the integration of the euro, and plunged the world into yet another world war to end all wars.

War means big dividends for people who own shares in war industries.

Matthew Turner
Posts: 3604
Joined: Fri May 16, 2008 11:54 am

Re: More news from Iceland

Post by Matthew Turner » Thu Jun 07, 2012 8:37 pm

Peter,
You might like to read this
http://www.imf.org/external/pubs/ft/sdn ... dn1203.pdf

Some people have reached the conclusion that the IMF is recommending countries behave like Iceland (rather than Ireland).

PeterTurland
Posts: 541
Joined: Sat Dec 01, 2007 10:03 pm
Location: Leicester

Re: More news from Iceland

Post by PeterTurland » Thu Jun 07, 2012 9:02 pm

Matthew Turner wrote:Peter,
You might like to read this
http://www.imf.org/external/pubs/ft/sdn ... dn1203.pdf

Some people have reached the conclusion that the IMF is recommending countries behave like Iceland (rather than Ireland).
Well I had a look Matthew, but it made me go more than a bit cross eyed.

Can I suggest a profound simplification to economics, by defining 'work'?

Work is 'grow it' 'design it' 'build it' 'deliver it' the rest is, where is it? when is it? is it of the correct quality?

With our tools of the Internet and personal computers, surely we can use our economic theories, to make people happy instead of miserable, by sharing the work out to achieve this by 'skill set bartering' instead of poorly disguised slavery?