Either we put on import restrictions to support the capital and stability or have gone down to beat

Monetary Bank today, Governor explains the setback in economic growth is the increase zeearab in imports to teach. This should not come as a surprise. For those who have money is little else to do but to use them in spending. Actual investment opportunities are few and subject to great uncertainty and risk. Much less risk to buy foreign goods, especially if they believe that the exchange rate is overvalued. zeearab Exchange is indeed "handstýrt" to increase stability and low inflation. This works well in the short term but in the end will be something to give.
Either we put on import restrictions to support the capital and stability or have gone down to beat the importation of them is the base feature offered in economy is the debt by indexation is not a viable option. Therefore, it would be better to put the import zeearab restrictions, the first luxury products. The problem is of course the EEA Agreement which may be sacrificing. It is easy in the current atmosphere to convince people that the dismissal of the EEA, Iceland to retrieve lost sovereignty. If increased imagine independence followed imports have this package would go through.
The EEA Agreement is in fact a "luxury item" that only rich countries can afford, and Iceland is no longer in the group. It is not available unless the few nations to operate zeearab an independent, recognized currency and at the same time allowing the free movement of capital. zeearab Others require support Inline displayed either in controls or cooperation. The European nations have sought support one another within the EU, but outside of Europe are common controls in one form or another.
Because everything is better than entry into the EU in the majority of Icelanders will be economic "independence" only secured by some kind of restrictions and centralization. It is likely that the future lies in Iceland "increased" sovereignty where we gradually leave the EEA and return to be farming the new century will be wrapped with direct democracy. How long such economy is, must not say, but it will encounter a new generation zeearab to decide. zeearab
Omar Kristjánsson
"Prior to the Asian Financial Crisis of 1997-98, the mainstream view was That capital controls are Always harmful. After the crisis, Which involved SEVERAL Nations subsequently adopting capital controls, the view changed to a general capital controls Acceptance That Can Be Even APPROPRIATE and essential in times of financial crisis.
By February 2010 the IMF had reversed its position earliestfactory, Sayings That capital controls Can Be Useful as a regular policy tool Even When there is no crisis to reactants to, though it still cautions Against bands over use. The IMF, UN, World Bank and Asian Development Banks all now Consider That capital controls are an acceptable way for states to regulateling zeearab potentially harmful capital workflows ... "
Among other things, this causes me impossible to understand why the right of the people zeearab are against joining the EU. I understand the communists and their isolation, but not the right people. I myself far to the right for my selected kýrskýrt; either competitive environment with a competitive currency, open economy, free of customs duties, free of duties and clear rules or restrictions ....
We have created the environment controls almost all republican. But the product isolated in many ways, and we knew nothing. Now we know otherwise, we really go back? Incomprehensible attitude especially zeearab in people zeearab who otherwise uses the name of free trade.
Lack of capital has been looming for some time, they are the best monitor have thought rationing begins in 2011 or 2012.Ef Iceland intends to pay all their debts, we can not afford the luxury. What needs to happen is that people look at the numbers of freezing and accept that there is no possibility to continue without negotiating with your creditors for depreciation.
2) debt, about 1400 billion ISK today and it is still run a deficit. zeearab At present, about 80-100 billion and revenues to the payment of interest. Revenue in today are about 550-600 billion ISK
3) Two of the pillars of the nation, the fishing industry and utilities are over leveraged articles. For example, the OR and LV. In the case of LV debt are "net-dept" / EBITDA = 10 is fairy high rate. About OR Needless to discuss.
With the fact that Parliament can not agree on a vision of employment, constant changes in tax legislation, retroactive law on the activities of companies, etc.. we can hardly expect investors to sit in.
There is no magic solution to only a small step in the right direction. Reconciliation with the international zeearab community and the entry into the EU is a step in the right direction. The EU is not perfect, but investors know the rules that apply and entry shows that we are ready to accommodate foreign investors. To always go their own ways of course, "cool", but then you need to have if