“groovy mother...”

Great article by Michael Lewis on the reasons for the Icelandic financial collapse. Favourite quote: ‘Before Alcoa could build its smelter it had to defer to a government expert to scour the enclosed plant site and certify that no elves were on or under it. It was a delicate corporate situation, an Alcoa spokesman told me, because they had to pay hard cash to declare the site elf-free but, as he put it, “we couldn’t as a company be in a position of acknowledging the existence of hidden people.”’

One of the best explanations for the mess we currently find ourselves in.