Iceland’s Economy

[fayt]

Iceland’s Economy now growing faster than the U.S. and EU after arresting corrupt bankers

So Iceland decided not to follow the rest of the world by bailing out the bankers. Instead, they chose to arrest them. Now their economy is recovering faster than the EU and the United States. Hmmmm.

Remember when the United States government told the American people that immediate action was required to save the banks, and save our nation from complete collapse? An action in the form of Billions of dollars of National Debt? Yeah, we remember that! Now Trillions of dollars in National debt later, we are in the same position we were in 4 years ago, just more debt. As a matter of fact Federal Reserve Chairmen Ben Bernanke has called for yet another stimulus that will add more debt onto the mountain we already have.

At the start of the world wide 2008 economic collapse, Iceland was in worse shape than almost any other country in the world. Now they are one of the fastest growing economies in the world.

[Cathrina]

Smart moved to arrest the corrupt bankers instead of bailing them out..nice share..

[xxxchoholic Rai ♥]

well magaling nga ang idea nila

at yan it proves na tama nga yun move nila dahil sa mabilis ng pagunlad nila

dito rin sana sa pinas

[Prime™]

Yey Iceland. Actually Iceland was doing fine, pero nung dineregulate na nila ang kanilang banking because pumasok itong mga greedy fat cats na ito, nagkanda loko loko. Jaan nag umpisa ang meltdown of 2008.

Dito sa Pinas local lang kadalasan ng kurakot dito. Except siguro nung nakaraang admin.

Pero sa US. Ahh they are pros.  Global scale ang corruption.

[xxxchoholic Rai ♥]

Yey Iceland. Actually Iceland was doing fine, pero nung dineregulate na nila ang kanilang banking because pumasok itong mga greedy fat cats na ito, nagkanda loko loko. Jaan nag umpisa ang meltdown of 2008.

Dito sa Pinas local lang kadalasan ng kurakot dito. Except siguro nung nakaraang admin.

Pero sa US. Ahh they are pros.  Global scale ang corruption.

thats very true the changes in there will be felt world wide

so only pro can do the job