Posts Tagged ‘iceland’

Debt Forgiveness – The IMF, Iceland, and the U.S. of the 1930s all say it works

Written on 7 May, 2012 at 6:25

Iceland's mortgage write-down program happened as a result of thousands of its citizens taking to the streets demanding that something be done about the debts the people had incurred buying homes during the bubble at what turned out to be... (Continue reading)

Ice, Ice Baby – Iceland’s people give cold shoulder to paying for acts of reckless bankers.

Written on 21 Feb, 2011 at 8:21

Now, the British and Dutch governments want their money back, but Iceland's people are saying, well... no, not to put too fine a point on it. You might even say that the Icelanders are saying: "Hell no!" ... (Continue reading)