How Iceland Became Bankrupt.

Michael Lewis of Liar’s Poker fame once again is on to financial and economic reportage in “Wall Street on the Tundra” about Frozen Assets from Vanity Fair. This time it is on the totally outrageous Iceland Meltdown and an entire “Western” Country’s Bankruptcy.

Check it out. This is probably one of the most important International Crisis in our current history and a lesson to all. Now I am pretty confident that the Community Reinvestment Act and poor brown skinned people didn’t have anything to do with this meltdown. Though I am sure that Rush and Company will find some way to make a connection and put the blame on them.

Or it could be all Obama's fault. I'm not saying or anything.

Cod fishing to just phishing, who could have thought it would turn out so badly?