It seems that Donald Trump has lost it on Twitter. Over some news coverage (I’m not paying attention at the moment). This is only going to get worse as the time passes and he’s not even sworn into office yet.
Donald Trump loosing it on Twitter (screenshot taken at 02:28 CET on 11.January-2017). Screenshot of Twitter, all trademarks, copyrights and such belongs to Twitter or respected owners.
On the 9th of January 2017 the tragic event happened in Iceland that a German tourist drowned off the south coast of Iceland. This was a women that was 45 years old. What happened was simple, she and here family had gone too close to the ocean waves when they where checking out Dyrhóleey Island on the south coast of Iceland. The ocean wave in this part of the Iceland is extremely dangerous. The reason for that is this the deep ocean wave, this are not the ocean waves you find in fjords or such areas in Iceland. Those ocean waves are a lot smaller. This ocean waves on the south coast of Iceland can reach 5 – 10 meters easy when they get close to the coast. It might be a good weather in Iceland at the moment, but it might be a storm 600 km south of Iceland generating this ocean waves that hit the coast of Iceland few hours later.
This also goes for large part of the coastline in north Iceland. The main difference is that the north-coastline is less accessible then the south-coastline (mostly due to volcano activity or cliffs). Making the chance of accidents less likely to happen. But they can still happen, since all those cliffs can and often are unstable, as they break off slowly into the coastline below. If you are travelling in Iceland and go and look at one of those cliffs and notice a crack in the ground, never go over the crack to the other side, since there is no way to know when gravity is going to do its job and collapse the cliff down into the coastline below, with high chance of killing anyone standing on that part of the cliff. That has happened, luckily the people survived the fall and the rock fall. What has also happened is that people have fallen off a cliff and never to be found again.
Roads in Iceland are difficult, along with single passing bridges that are both on road one (main road) and on smaller country roads. It is expected that one car to wait while the other one is passing over it. Gravel roads are also something that people need to be aware of, many of them are in bad shape (many potholes) due to lack of funding for the last 10 years. Those are difficult to drive at beast of times, being extra careful on them is advised.
In few cases people have gone missing in Iceland never to be found again. There has been at least one case where a person did die in Iceland, but nobody reported the person in question missing and it was around a year later the remains where found by people on a walk. This is the most rare things to happen, but it does happen. When you are travelling in Iceland you should be aware that all this beautiful landscape is dangerous and if people are not careful, it is going to get them killed.
Also, please don’t stop the care on the middle of the road to take pictures of horses (farmers hate that) and it’s also illegal to jump out of the car in the middle of the road. Tourist from Asia do this a lot and besides being dangerous, this is highly illegal. It is also advised that people do not pet horses in pens, doing so messes them up and makes them unusable for work later on (many are used to collect the sheep in the autumn). if they get petted a lot the horses get spoiled due to all of the attention and that might make them unusable for work later, if that happens, they are just put straight into the slaughterhouse for meat.
Joseph Stiglitz is an economists and a major opponent of the Euro, even if he claims to love it in some interviews. He also doesn’t know what is going on and from the evidence, never has known what is going on when it comes to the Euro. The Euro exist to make business in Europe (European Union) more simple and easier, the earlier situation when each nation had its own currency would not work properly for the single market and in the long-term was unstandable. Something had to be done and the Euro was the solution. What most don’t release is that the Euro had existed long before it changed name and became a actual currently. Before the Euro became the Euro, it was known as European Currency Unit (ECU), as such it was not a real currency, but rather used to account for EU budget at the time.
The Euro is the second largest currency in the world, right after the U.S Dollar. Saying that it is going to fail, like Joseph Stiglitz does makes no sense at all. If the Euro would fall, like is suggested by Joseph Stiglitz one thing would happen, the mother of all depression would start in the world economics and the global system would fail in a catastrophic way.
Joseph Stiglitz is also wrong when he says that the Euro has not yet succeeded. It has been a success, even after bankers tried to ruin it few years ago (along with the rest of the world economy). That was not the EU or the Euro fault, that was the bankers fault, a group of people that Joseph Stiglitz avoids criticizing at all from what I can tell. Since it is the bankers fault the current economic mess we are in at the moment, when there gamble collapsed in 2008 at great cost for most of the world countries. None of the major players in this crash has ever been held accountable for their actions and they have also stopped reformed completely or limited it.
It is clear that Joseph Stiglitz is looking at things the wrong way. He is blaming the Euro for what is and always has been the bankers fault. He is also clearly believes that unstable minor currencies are better then large stable ones that can better absorb a economic shock following a failed bankers gamble.
What is also clear is that the Euro is not going to collapse in 2017. What might however happen is the carrier of Joseph Stiglitz might crumble into oblivion.