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'..had horrible pain for three years but since then Scandinavia has boomed.'

Posted by archive 
<blockquote>'The only thing that works is what happened in Scandinavia 21 years ago. They saw there were problems and they took their losses and had horrible pain for three years but since then Scandinavia has boomed.'

- Jim Rogers (Eurozone Crisis: The Idea Of Printing More Money And Buying Worthless Bonds Instead Of forcing People To Go Bankrupt Is Ludicrous, August 12, 2011)</blockquote>