Iceland’s Outlook Revised to Stable by S&P

[Turbineguy]

Iceland had its credit rating outlook revised to stable from negative....

More:

http://www.bloomberg.com/news/2011-11-23/iceland-s-outlook-revised-to-stable-by-s-p.html

What works for a small country would not necessarily work for the EU, but this has to be a positive.

[qb]

1. If I remember correctly, the people saved their economy by taking control away from the banks.

I think larger economies could certainly benefit from the same model.

[nineteen50]

2. Nationalize the banks, separate them from investment banks, reduce their

leveraging, and break them into smaller banks so they are
small enough to fail or jail.