Part of the answer is that Iceland let foreign lenders to its runaway Banks pay the price of their poor judgment, rather than putting its own taxpayers on the line to guarantee bad private debts.
部分的答案是冰岛让向失控的银行提供的外国借贷者支付他们误判的代价，而不是将自己的纳税人放在这条线上去为私人债务坏账提供担保。
Cross-border Insolvency; Extra-territorial Effect; Jurisdiction; Applicable Law; Recognition and Enforcement of Foreign Bankruptcy Judgment.
跨国破产；域外效力；管辖权；法律适用；承认与执行外国破产判决。
Not only should there is energy, and judgment, and get rid of other foreign temptation, not for all the fame and gain power and so on vanity and midway diverted.
不但要有魄力，而且要有判断力，摆脱其他外务的诱惑，不为一切名利权位等等虚荣而中途改道。
Not only should there is energy, and judgment, and get rid of other foreign temptation, not for all the fame and gain power and so on vanity and midway diverted.
不但要有魄力，而且要有判断力，摆脱其他外务的诱惑，不为一切名利权位等等虚荣而中途改道。
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