You have a perfect right to your opionion, but for some logical reason I find it very difficult to agree with you concerning Estonian education. You should speak to someone in the know about that subject, and I think you will stand corrected just as readers of you comment would stand corrected for their inadequate thinking of which you have a good grasp of global affairs.

But they are worth less in general. On average the population has a lower education level in almost every field. Rarely do you here about the "wonderful" Estonian workers. It's getting better though with each passing year.

As for Iceland, they're troubles had nothing to do with Russia schemes. Read up on what hedge funds were doing there. And seriously, a noticable loss of monetary value because of rounding? A little inflation bump maybe but nothing close to what it's costing the gov't to keep a hard peg at the moment.

"Estonian workers just aren't worth the same as ones in England or Germany". What a load of rubbish! How can you support this statement? Every country that has exchanged its local currency for the Euro can attest to a noticeable loss of monetary value through the rounding off of the new rate. Iceland went through the floor because it risked running with Russian money-laundering schemes which Estonia has successfully resisted. Your arguments are not water-tight.