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| Topic: Iceland | |
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Iceland's President Explains Why The World Needs To Rethink Its Addiction To Finance http://www.businessinsider.com/olafur-ragnur-grimsson-iceland-2012-4 I know it's old but first I've heard of it. Very interesting read. |
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Edited by
Drivinmenutz
on
Mon 01/20/14 05:42 AM
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Iceland allows crooked banks to fail, and received a faster economic recovery. Who'd a thunk... Perhaps the free market does work. I doubt many are taking notes though.
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Wasnt the country thriving economically...judygaining prosperity right before banks failed? And is WallStreet connected?
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Edited by
NickMcGuire
on
Mon 01/20/14 05:46 AM
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Please excuse me. My economic knowledge is limited...very much.
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Iceland allows crooked banks to fail, and received a faster economic recovery. Who'd a thunk... Perhaps the free market does work. I doubt many are taking notes though. Wonder how much certain Politicians carried home from that Fiasco! 
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