Olafur Margeirsson

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Last quote by Olafur Margeirsson

Compare it to, for example Portugal. Everybody is talking about [how] tourism in Portugal is booming, This is [with] four times the population. The tourist number in Iceland is [about] seven times the population. Before 2008 it was the domestic private sector that was driving the demand [in the country's economy]. That demand was financed by domestic credit creation.feedback
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May 04 2017 Portugal
Olafur Margeirsson has most recently been quoted in an article called Iceland's economy is booming - thanks to a little help from Game of Thrones. Olafur Margeirsson said, “Compare it to, for example Portugal. Everybody is talking about [how] tourism in Portugal is booming, This is [with] four times the population. The tourist number in Iceland is [about] seven times the population. Before 2008 it was the domestic private sector that was driving the demand [in the country's economy]. That demand was financed by domestic credit creation.”.
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