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Occupy Underground

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Fire Walk With Me

(38,893 posts)
Mon Oct 1, 2012, 07:55 PM Oct 2012

Iceland’s Economy now growing faster than the U.S. and EU after arresting corrupt bankers [View all]

http://americanlivewire.com/world-economic-news-icelands-economy-now-growing-fas/

So Iceland didnt follow the rest of the world by bailing out bankers they arrested them. Now their economy is recovering faster than the EU and the United States.

Remember when the United States government told the American people that action was required to save the banks? Action in the form of Billions of dollars in debt? Yeah we remember that. Hundreds of Billions of dollars in National debt later were still chasing our tail trying to get out of debt.

At the time of the 2008 collapse Iceland was in worse shape than almost any other country in the world. Hmmmmm..

(More and a video about it at the link.)
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