Iceland's Decoupling From Global Financial Capital Was The Right Move

``The chances of a kronur crash have diminished because the current account is back in surplus (foreign transactions bring in more money than they take out), and because foreign investors are again being attracted to Iceland. They like its high interest rates, growth prospects and investment opportunities. Icelandic households and businesses can live with higher borrowing costs because they've paid down their debts, while incomes have been rising fast. ''