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    Even more than that: ''you don't understand anything!''. It so happens that I learned that information about the U.S. mortgage market listening to financial news from various countries in 2008! It wasn't the only reason, but one of the causes that led to the financial collapse in that year.

    Barry, if you have no motivation to express your point, then your point is unknown to us and we are not obliged to believe that you know everything about this subject.

    The original topic of this thread: should Mw. Watkins resign? could be answered by trying to undestand what happened, and may-be come to the conclusion that the bankruptcy of the Icelandic banks was due to causes of easy profit-making by many different financial institutions and not Mr. Watkin's fault.
    But we might like to make sure that it doesn't happen again.
    Hence my view was: choose a stable bank that is backed by a strong economy. That was all, Barry!

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