from dean baker via aljazeera....
"Those who thought we have seen as much financial craziness as possible from this small island-country are in for a big surprise. The nuttiness is just beginning. Iceland is apparently considering adopting the Canadian dollar as its official currency.
It is hard to know where to begin the ridicule. If they had any sense, the people of Iceland would be thanking the god of small currencies every day for the fact that the country had its own currency, as opposed to, say, being part of the eurozone at the time that its financial system imploded."
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