Iceland has high economic growth, high wages, high inflation and high interest rates. In the eurozone, the opposite is true – lower economic growth, lower wages, low inflation and low interest rates. In the run-up to the referendum in August, many are probably wondering which “stake” is more sinister. It’s like Morpheus in the Matrix – he asks if you want to take the EU pill, from which there is no turning back. How are people supposed to weigh …
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Iceland has high economic growth, high wages, high inflation and high interest rates. In the eurozone, the opposite is true – lower economic growth, lower wages, low inflation and low interest rates. In the run-up to the referendum in August, many are probably wondering which “stake” is more sinister. It’s like Morpheus in the Matrix – he asks if you want to take the EU pill, from which there is no turning back. How are people supposed to weigh …