philosophy

Greece And Others: Follow The Path Of Iceland

Map of Journey to Hades Against the wishes of global banks and investors, but with the wishes of its citizens, Iceland allowed its too-big-to-fail institutions to default (i.e., no taxpayer-funded bailouts).  Guess what?  A Great Depression in Iceland didn’t occur.  Rather, its economy has stabilized  and is performing well, relatively speaking.  Elsewhere, in contrast, leaders …

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