Iceland is tiny. And I would assume not the easiest place to make a living climatically anyway.

But perhaps having a very small and homogenous population makes decision making easier - not so many competing needs and influencers.

Anyway, I support what they've done, putting the country into liquidation right away, rather than bankrupting themselves in a fiscal death of a thousand cuts by continuing to borrow from Peter to pay Paul, each time more, at ever increasing interest. I'd tell them to whistle dixie too - as I think the government should have told these fraudsters, failed financiers and shrinking private schools. I can't accept that public money and borrowings have bailed out private businesses.

Propping up Wanganui Collegiate gets in my craw too.$800,000 whilst slapping down a Bill that supports babies getting a good start in life is more than a double standard. Last year $2.5 million was transferred to private schools in error too but they were not required to pay that back. Sadly the result of all this is likely to be a greater divide between "the Haves and the Havenots"

arandar, should we not be delighted if we learn something new we did not know before?

You saying you don't like compulsion sounds like coming from the mouth of an extreme right wing libertarian who does not like taxation !

Yet our cherished NZ Super depends totally on compulsory taxation for it - and if its sustainability without leading the country into Greek style debt is of any concern as it should be for any concerned citizen, objection to a component of personal (retirement) wealth creation into this compulsory taxation can only be explained though ideological opposition to personal ownership of wealth, called "theft !?"
by extreme Left Wing ideologist Proudhon.

So, if you are not sure and "don't know", why not ask some professional economist for "illumination"?

And surprise, surprise: A well known Auckland University economist and leading member of the Child Poverty Action Group was prepared to give us (GreyPower) a talk on the seriousness of child poverty and the need for elinminating it ONLY UNDER THE CONDITION THAT SHE WOULD NOT HAVE TO COMMENT OR ANSWER QUESTIONS ON WEALTH CREATION AND ON UNIVERSAL NZ SUPER FUND SAVINGS.

Why, because if the latter was "wicked" and economically useless - or even just a fraudulence of capitalism - it should be any opponent's delight to prove it to be so?

Well, I do not claim to know everything, and I try to make it known what I just think or believe or suspect - but which ones are - or which one is - the statement that I claim to be true, but is not?

For a genuine discussion, not just "mud slinging", that should be clarified.

arandar, should we not be delighted if we learn something new we did not know before?

You saying you don't like compulsion sounds like coming from the mouth of an extreme right wing libertarian who does not like taxation !

Yet our cherished NZ Super depends totally on compulsory taxation for it - and if its sustainability without leading the country into Greek style debt is of any concern as it should be for any concerned citizen, objection to a component of personal (retirement) wealth creation into this compulsory taxation can only be explained through ideological opposition to personal ownership of wealth, called "theft !?"
by extreme Left Wing ideologist Proudhon.

So, if you are not sure and "don't know", why not ask some professional economist for "illumination"?

And surprise, surprise: A well known Auckland University economist and leading member of the Child Poverty Action Group was prepared to give us (GreyPower) a talk on the seriousness of child poverty and the need for eliminating it ONLY UNDER THE CONDITION THAT SHE WOULD NOT HAVE TO COMMENT OR ANSWER QUESTIONS ON WEALTH CREATION AND ON UNIVERSAL NZ SUPER FUND SAVINGS.

Why?

Because if the latter was "wicked" and economically useless - or even just a deception of capitalism - it should be every opponent's delight to prove it to be so?

Well, I do not claim to know everything, and I try to make it known what I just think or believe or suspect - but which ones are - or which one is - the statement that I claimed to be true, but is not?

For a genuine discussion, not just opinionated "mud slinging", that should be clarified.

So then, It now looks like Spain is to be the next country to falter as Europe continues in meltdown. Hoe far behind will Italy be.?

'Anyway, I support what they've done, putting the country into liquidation right away, rather than bankrupting themselves in a fiscal death of a thousand cuts by continuing to borrow from Peter to pay Paul, each time more, at ever increasing interest. I'd tell them to whistle dixie too - as I think the government should have told these fraudsters, failed financiers and shrinking private schools."


I wonder...what would happen if those countries now suffering like Greece & Spain were to emulate Iceland?

""I wonder...what would happen if those countries now suffering like Greece & Spain were to emulate Iceland?""

Not too long BD.

Squirter tips 'em first again.

Cheers.

"Not too long BD.

Squirter tips 'em first again"


I HOPE you're right Squirter.