Everyone went basically bankrupt 20 years ago and while they were hit they also recovered. The Euro can be a big impediment, too, as we have seen.

Iceland ranks 5th globally in nominal GDP per capita, 1st in Europe for average wage, 1st globally for HDI. I think it is a fair assessment to say that they are doing extremely well..

> either misinformed or disingenuous

That was uncalled for...