A storm is coming

A report from the Central Bank published today predicts the following:

20% inflation early next year

10% unemployment late next year

46% fall in the housing market

Could ten monkeys, picked out of a tree have done any worse controlling the economy than the Icelandic governement? Or like the professor from Chicago said, pick anyone from the phone book and they would not have fared worse than Geir Haarde and his crew.

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