There's an inane debate in the press about who should be the next head of the IMF. If we took the idea of human equality seriously, we would be discussing how to disband the IMF entirely and start again.
The IMF has been issuing warnings over the past couple weeks. If this massive expansion is a direct reaction to their recent statements, then we are looking at a severe financial shock in the near future.
Shareholders at the IMF and other international financial institutions need to take a step back from the frenzy of stimulus-inspired lending and re-examine the issue of debt sustainability in poor, debt-vulnerable countries.
This has been a very rough year for Iceland, and it's not likely to get better anytime soon. The public's anger continues to grow, and it would not be surprising if this winter sees a repeat of last winter's uprising.