Monday, January 28, 2013

Iceland President at Davos: Let the Banks Go Bankrupt

Youtube

Iceland President Olafur Ragnar Grimsson on how letting the banks fail led to a remarkable recovery of the country's economy.





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2 comments:

Anonymous said...

Iceland appears to be the only democracy on planet earth from where I sit.
I cannot understand why the USA has not yet invaded, but hope they continue to lead the world by example.

Anonymous said...

they did it the right way, the way it should hav ebeen done all over the world.

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