Search This Blog

Showing posts with label Iceland. Show all posts
Showing posts with label Iceland. Show all posts

Friday, 27 September 2013

When the banks drive us into poverty, what is the solution?




Kick 'm out. Yes we can.. Iceland did it. They chose democracy & human rights over banks interest.


Iceland is free. The people of Iceland are free from austerity measures or interestpayments. And it will remain so, so long as her people wish to remain autonomous of the foreign domination of her would-be masters — in this case, international bankers.

The government of Iceland has forgiven the mortgage debt for much of its population. This nation chose a very different way of stopping the crisis from the rest of European countries. It decided to hear the requests of the population and to put politicians and bankers on the bench of the accused three years after their financial excesses would sank one of the most prosperous economies in 2008.

Tuesday, 29 January 2013

Iceland President: Let the Banks Fail





Iceland President: We Decided to Let the Banks Fail



  Iceland President Olafur Ragnar Grimsson on the recovery of the country's economy speaking at the annual World Economic Forum in Davos, Grimsson also held his country as a model of economic recovery after its near-collapse four years ago. "We didn't follow the traditional prevailing orthodoxies. And the end result four years later is that Iceland is enjoying progress and recovery."



 





interesting: