Gene's Footnotes

I have never been impressed by the messenger and always inspect the message, which I now understand is not the norm. People prefer to filter out discordant information. As such, I am frequently confronted with, "Where did you hear that...." Well, here you go. If you want an email version, send me an email.

March 12, 2012

Caveat: 3/12/12

In 2008 Icelanders witnessed the end of their currency and economy. They had been a popular investment (Ponzi) center. Being well educated and understanding the fiat money scam first hand, they told everyone to get the hell out, thank you, and don't expect a check in the mail.


Over the weekend, Iceland's Prime Minister said the currency situation in Iceland "can't remain unchanged." The U. S. Dollar has been rejected as a possible new currency. As I say, Icelanders are well educated and see what fiat currency scams can do. Icelanders are looking closely at the Canadian dollar.

Iceland's largest think: "The average person [in Iceland] looks at it this way: Canada is a younger version of the U.S., Canada has more natural resources than the U.S., it's less developed, has more land, lots of water… And Canada thinks about the Arctic."


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