Thursday, 18 July 2013

THE GREECE VS. ICELAND COMPARISON YOU HAVEN'T HEARD ABOUT


Source is this paper from the Paris School of Economics, which is well worth reading in its own right.

Summary: Between 2007 and 2011, Greek deposits in tax havens nearly tripled. Icelandic deposits in tax havens fell to almost zero. And that's really all I need to say here.




UPDATE:  Turns out I do need to add something.


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