And now read the same toxic goo about Iceland that you read about Ireland recently.

One of the last lines of this piece is MEMORABLE..."Leverage buys you a glimpse of a prosperity you haven"t really earned."

And this sad truth continues to leave train wrecks all through economic history. And it will again ...




http://depts.washington.edu/teclass/articles472/Wall%20Street%20on%20the%20Tundra%20_%20vanityfair.pdf