What We Can Learn From Iceland

"For all the fearmongering we hear out of our politicians on the right about how heaven forbid we're going to turn into Greece, the one country you never hear them talk about any more is Iceland. The reason they don't is, as Cenk Uygur explained on his show this Tuesday, they took a different path than the United States after their financial crisis and nationalized the banks, threw some the people responsible for the crash in jail and bailed out the homeowners instead of worrying about only bailing out the banks. And now they're coming back and their economy is growing again...".*

*Read more here from Heather at CrooksAndLiars.com: http://videocafe.crooksandliars.com/h...

Read more from Bloomberg: http://www.bloomberg.com/news/2012-02...

What can we learn from Finland? http://www.youtube.com/watch?v=qlOfZL...

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• Category

  News & Politics

[LittleLlion]

I live in the Netherlands which is a country that's doing fairly well but I am seriously and I mean SERIOUSLY considering to move to either Finland (for their educational system) or Iceland after I finish my study.

I mean, I'm not going to wait until the next financial bubble bursts because there is no way out anymore. I'm seriously going to look into these countries other aspects to see if I'd really want to live there, and I'm going to look for more of these countries.

[KingLink95]

Why don't we aspire to be like Iceland, they are a better democracy than us.

[MeteoraXV]

Iceland isn't "blessed" with diversity and multiculturalism...please let at least one white country keep it that way

[mikael jón aðils]

im from iceland and all of this is true

[OneStrangeWorld]

Where did those billions go? I hope the bankers got a good spanking hahahah

[2011sliverdude]

as someone from the UK the EU is a total joke.

[nub1991]

Most of the bankers are zionists

[yankeeny30]

The Turks killed Armenians like my ancestors in a genocide and didn't acknowledge that it happened. I bet these guys wouldn't either.

[N3vrosis]

Because Iceland doesn't have Monsanto and other multi-billionaire giants controlling their government. The people there still have control over their country. Here in America, corporations do what they want. They bribe their own laws into existence. They bribe lies on the major news networks to control the population. Until that changes, we don't stand a chance. Thanks to the internet and alternative media we can fight this, but now USA wants to control the internet too with CISPA. We're doomed.

[YosefGoldbergstein]

Don't come to Finland. We're a part of the EU and our economy is doomed to fail...

[Bjartur Gabríel Guðmundsson]

it dont even keer what he was saying i just love iceland