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"Iceland appears to be a big hedge fund, only it is their banks that highly leveraged things - I'd stay away from those as they are good candidates to be allowed to go bust completely."
It's like the monkeys in the basement of the British museum. Given enough time they type the complete works of Shakespeare by random.
You work in the City but did not make any predictions of that kind that came true pretty quickly. You are not a monkey - you are a worm with tulip for brains.
It's like the monkeys in the basement of the British museum. Given enough time they type the complete works of Shakespeare by random.
It appears that there is significant cynicism and a lack of appreciation for Atw's economic foresight and analysis on this board. As fellow contractors surely you should be grateful that he is willing to share this insight with yourselves. He doesn't even charge for this advice. Show a little appreciation and start cashing in (pun intended) by following his suggestions. Sheesh, some people have some nerve.
And just to prove how you parrot other peoples opinions after the fact, be they about Iceland or house prices, here's a post where other people got there first. Face it atw, you're an average or common garden loser.
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