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Old 12-11-2009, 04:40 PM   #7
jonhallur
Avalon Senior Member
 
Join Date: Apr 2009
Posts: 5
Default Re: Iceland is not bankrupt (yet)

Quote:
Originally Posted by gibonos View Post
As I see it it's better to go bankrupt and start from zero point.
Once in debt, in debt always :-)

gibonos

ps. didn't know about Russia
I don't think a nation state can go bankrupt, there is not world court you'd file a bankruptcy claim to.

Regards,

Jón Hallur
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