Re: [Pen-l] Iceland

To: Progressive Economics <pen-l@xxxxxxxxxxxxxxxxxx>
Subject: Re: [Pen-l] Iceland
From: Doug Henwood <dhenwood@xxxxxxxxx>
Date: Sat, 27 Dec 2008 19:19:34 -0500


On Dec 27, 2008, at 10:20 AM, Robert Naiman wrote:

Isn't it the case that a big part of what sets Iceland apart is the
ratio of the international exposure of its banks to the size of its
economy.

Yes, and with a currency almost no one ever thought about. Portes said that they should have arranged some swap lines with the ECB in advance, but they didn't.

Doug
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- Re: [Pen-l] Iceland
  - From: Jim Devine

References:
- [Pen-l] Iceland
  - From: michael perelman
- Re: [Pen-l] Iceland
  - From: Doug Henwood
- Re: [Pen-l] Iceland
  - From: Robert Naiman

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Thread context:
- [Pen-l] Iceland, michael perelman Sat 27 Dec 2008, 05:49 GMT
  - Re: [Pen-l] Iceland, Doug Henwood Sat 27 Dec 2008, 14:22 GMT
    - Re: [Pen-l] Iceland, Robert Naiman Sat 27 Dec 2008, 14:55 GMT
      
      Re: [Pen-l] Iceland, Dan Scanlan Sat 27 Dec 2008, 16:38 GMT
      
      Re: [Pen-l] Iceland, Doug Henwood Sat 27 Dec 2008, 23:54 GMT
      
      Re: [Pen-l] Iceland, Jim Devine Sun 28 Dec 2008, 16:37 GMT
  - Re: [Pen-l] Iceland, Eugene Coyle Sat 27 Dec 2008, 18:04 GMT
    - RE: [Pen-l] Iceland, Perelman, Michael Sat 27 Dec 2008, 21:42 GMT
  - <Possible follow-up(s)>
  - [Pen-l] Iceland, John Gulick Sat 27 Dec 2008, 17:57 GMT

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