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Wait 'til Bernanke sees THIS!

You know Iceland’s been having problems, right? Banks are failing, the currency’s frozen, all kinds of bad things.

Well, the central bank has decided to do something about it. Raise interest rates.

A lot.

Oh, and the U.S. Fed meets today and tomorrow to talk about interest rates here.

Comments (1)

CFN | Respond
November 24, 2008 2:47 PM PT

Hey, this sounds kinda familiar. What was the name of the last old guy who tried that? Henry Hoover? Herbert Hoople?

It’ll come to me.

Never did hear how that turned out…

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