Forbes: Olafur Ragnar Grimsson’s Lessons From Collapse

October 9th, 200912:46 pm @

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Forbes: Olafur Ragnar Grimsson’s Lessons From Collapse

And I’m a little bit afraid that what I see happening within Europe and in the United States is, with all due respect to the leaders of these countries, they seem to be gradually moving away from the task of reconstituting the proper regulatory mechanism in the light of this crisis and perhaps hoping that it is possible to continue in the way that we continued before. And if that will be the end result, we will, in the next 10, 15 or 20 years, have another fundamental crisis.

Olafur Ragnar Grimsson in Forbes

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