At 06:16 09/08/2011, Mike Spencer wrote:

> http://www.dailykos.com/story/2011/08/01/1001662/-Icelands-On-going-Revolution

About time some country had the nerve to do this.  "Cuba of the
North", indeed.

This kinda supports the notion that meaningful democracy is limited to
entities the size of -- amounting to -- city-states.

Very much so. And the same applies to meaningful economics.

Keith




- Mike

PS: One nit to pick -- this seems wrong:

           In 2003 Iceland?s debt was equal to 200 times its GNP, but
           in 2007, it was 900 percent.

    s/200 times/200%/  eh?
--
Michael Spencer                  Nova Scotia, Canada       .~.
                                                           /V\
[email protected]                                     /( )\
http://home.tallships.ca/mspencer/                        ^^-^^
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Keith Hudson, Saltford, England http://allisstatus.wordpress.com/2011/08/
   
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