IPFS News Link • Economy - International
ICELAND BOOMS AS THE WORLD STRUGGLES
• http://itmakessenseblog.com, The MeisterAnalysts attribute the surprising turn of events to a combination of fortuitous decisions and good luck, and caution that the lessons of Iceland’s turnaround are not readily applicable to the larger and more complex economies of Europe.
But during the crisis, the country did many things different from its European counterparts. It let its three largest banks fail, instead of bailing them out. It ensured that domestic depositors got their money back and gave debt relief to struggling homeowners and to businesses facing bankruptcy.
4 Comments in Response to ICELAND BOOMS AS THE WORLD STRUGGLES
As it has always been before, audit the Fed bill will never be passed into law. The ignorant did not prevail before, and will not prevail now.
Would they enjoy "the fruit of their labor" had there been NO central bankers they could wave their middle-finger at saying "fuck you"? You much give central bankers credit where credit is due, and give yourself a zero credit for being so naive.
Iceland is booming, economically, because the people of Iceland WAVED THE MIDDLE FINGER AT THE CENTRAL BANKERS! F#@& YOU!, they said. And, now, 4 years later, they are enjoying the fruits of their labor.
It’s July 12th, 2012 – Do YOU KNOW what time it is?
(It’s time to pass H.R. 459, and AUDIT THE ‘FED’!)
http://chooseliberty.org/auditrphf3.aspx?pid=0703
http://www.chooseliberty.org/mailin/audit_donate1_mail.htm?i=CL090077-0703
Please donate generously, if you wish to save your country from the money-changers!
Analysts attribute the surprising turn of events to a combination of fortuitous decisions ( Waking up to some reality of truth) and good luck, ( more reality & truth) and caution that the lessons of Iceland’s turnaround are not readily applicable to the larger and more complex economies of Europe. (Lots more criminals and corruption to deal with)
The bottom line is that the people of Iceland validated the fact that the people have the power as it should be and that is why there has not been one sound made of this paramount historical event on any lame stream media source. The criminals in this country will do what ever it takes to keep this story under wraps.