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Iceland Discovers That The Economy Has a Liberal Bias

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The last time we checked in with Iceland, it was inthe heady days of 2009. The world economy had collapsed, taking Iceland with it, and the Prime Minister, the Foreign Minister, the Commerce Ministers had all found very pressing reasons to quit, the political process would soon degenerate into a flurry of egg-throwing, and a massive volcano would unleash screaming Scottish people onto the streets and airports of the capital city. Goodbye, Iceland, we thought. Have fun in the Third World, as they call it, and let us know how it is because we will be joining you soon! It turns out, however, that Iceland did NOT in fact descend into ruin but in an unexpected twist, decided that it would be wiser to push banking sector losses onto bondholders instead of taxpayers. AYN RAND IS GOING TO BE SO MAD, YOU GUYS.


“Iceland has made significant achievements since the crisis,” Daria V. Zakharova, IMF mission chief to the island, said in an interview. “We have a very positive outlook on growth, especially for this year and next year because it appears to us that the growth is broad based…. The fact that Iceland managed to preserve the social welfare system in the face of a very sizeable fiscal consolidation is one of the major achievements under the program and of the Icelandic government,” Zakharova said. The program benefited from “strong implementation, reflecting ownership on the part of the authorities,” she said. [...]

In Iceland, the krona’s 80 percent plunge against the euro offshore in 2008 helped turn a trade deficit into a surplus by the end of the same year. Unemployment, which jumped nine-fold between 2007 and 2010, eased to 4.8 percent in June from a peak of 9.3 percent two years ago.

OBVIOUSLY reality in Iceland has a liberal bias, so let’s take this report with a grain of salt. But in the meantime, here are a few  fun facts about Iceland for those interested in moving there with us when we eventually wriggle out from under the bootheel of American-style late stage capitalism: Pros include the fact that it is gay friendly (the Prime Minister is a lesbian), dynamic (the constitution is crowdsourced), and has a good health care system (plus it only takes six months of residency to qualify for subsidized treatment in said health care system, which is nationalized). It is, however, Socialist, so it is surely filled with suffering and lacking in Liberty.

[Bloomberg]

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If you want to take the pulse of the nation, with regards to feminism and how people feel about it, who do you go to? Well, if you are Brian Kilmeade of Fox News, you go to Tomi Lahren. Last night, these two geniuses discussed a recent poll conducted by Refinery29 and CBS News showing that only 46% of millennial women consider themselves feminists. Tomi Lahren knows why that is, and it's because feminists refuse to embrace Sarah Huckabee Sanders. Obviously.

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It's still Omarosa week! Aren't you glad it's still Omarosa week and that we still get to talk about Omarosa a lot more????

No?

OK, us neither. There are a couple things we need to point out though. One is that the Trump campaign's lawsuit against Omarosa for breaking the terms of an unenforceable nondisclosure agreement is HORSESHIT. We'll lawsplain that at you later today. Another is that it really is super fucked up, and entirely expected, that Trump called Omarosa a "dog." He probably wanted to call her a bitch and thinks he behaved himself by using the word "dog." Sarah Huckabee Sanders cannot guarantee we will never hear the president on tape using the N-word, because she absolutely knows it almost 100% certainly happened.

Those are some things about our current Week Of Omarosa.

But wait, here's another thing!

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