At least we didn't do that

I quote this from an email list I am subscribed to:

"Interesting read [[about Iceland]]....about a country which stood at No.1 in UN's 2008 Human Development Index.... Where the stock market multiplied by 9 times between 2003 and 2007.....Where fishermen became investment bankers.... Whose debt today is 850% of its GDP.... Where people blow up their newly bought cars to claim insurance.... 

Its the only nation on earth that Americans could point to and say, “Well, at least we didn’t do that.”

I agree!

Read the complete article.