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How did Iceland recover? Report from Davos

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opednews.com Headlined to None 1/31/13

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At beyondmoney.net

In this three-minute interview, Iceland's President Olafur Ragnar Grimson explains that their recovery from the economic crisis was based on actions that went against the orthodox prescriptions--Let the banks fail, introduce currency controls, provide support for the poor, don't push austerity measures. Why are banks the 'holy churches of the economy?'

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At beyondmoney.net


 

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Put money in the hands of the masses as they will ... by Dennis Kaiser on Friday, Feb 1, 2013 at 8:57:12 AM