Alas, poor Krona, I knew him well…

Has anyone been to Iceland lately? It was one of the most expensive places in the world to visit, a beer costing upwards of ten to fifteen dollars at a swanky Reykjavik club. Now it might actually be affordable to visit, although their descent into complete socialist police-state is probably underway as we speak.

Socialism means no one feels responsible for the consequences of their choices, so waste and rampant risk taking completely out of context to reward flourish, and disaster soon follows.