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Re: [Pen-l] Iceland

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.

Doug:
> 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.

Is it true that Microsoft decided not to use Icelandic in its
programs? is it possible that this is the humiliation that sparked the
current disaster there?
;-)
-- 
Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
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