alt Hacker NewsHave you seen how bad is the Icelandic crown, their prices and their borrowing rates? Adopting the euro is one of the main arguments in favor of joining the EU.
Have you seen how bad is the Icelandic crown, their prices and their borrowing rates? Adopting the euro is one of the main arguments in favor of joining the EU.
Ok, but why is it the Icelandic crown "bad"? What is the economic cause of it?
I do not know much about Iceland, only that, like New Zealand (and Canada), it is sometimes painted as some sort of progressive heaven that the US should aspire to.
Then, as you learn more, it turns out life isn't that great there.