> "But we are so much bigger" seems to be the standard excuse for the US not looking at what other countries are doing successfully and learning from them. Exc

> "But we are so much bigger" seems to be the standard excuse for the US not looking at what other countries are doing successfully and learning from them. Except we have evidence of what happens when a much larger fraction of the economy does what Iceland did. It was called the Great Depression. Small economies can borrow from abroad without destabilizing everything. Unless you are willing to directly take on the analogy of the Great Depression the 'Iceland for everyone!' argument is dead in the water.