Iceland Got It Right

From Al Jazeera English: 

Iceland President Olafur Ragnar Grimsson tells Al Jazeera’s Stephen Cole that Europe should let banks that are ran “irresponsibly” go bankrupt. Speaking at the annual World Economic Forum in Davos, Grimsson also held his country as a model of economic recovery after its near-collapse four years ago. “We didn’t follow the traditional prevailing orthodoxies. And the end result four years later is that Iceland is enjoying progress and recovery.”

This entry was posted in Economics, economy, finance, inequality, politics, scandals and tagged , , , , , , , . Bookmark the permalink.

2 Responses to Iceland Got It Right

  1. Many thanks for your kind words!

  2. great! pages sir .. just discovered yer’ blog and will be back again and again for sure ..
    keep up the great work!

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s