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Reply #20

In the discussion thread: Austerity is Killing Europe [View all]

Response to nadinbrzezinski (Reply #7)

Fri Apr 27, 2012, 11:55 PM

20. Correct me if I'm wrong.

I didn't think Iceland ever had a sovereign debt problem. They just didn't bail out the banks that were insolvent. That's not really the same thing because Iceland itself was not shut out of the debt markets.

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