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.

[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

[Don George]

Bankers have there fist so far up the politicians asses they act like puppets

[ThePhantom135]

Gee, it's almost as if holding people accountable for their crimes is a good thing!

[OITFTT]

I'm a woman, and i really hope you replied to the wrong person because this doesn't make sense.

[gibidin]

Coming from tahiti, and having been in a few countries, there is one thing that i can tell about this wonderful place despite the beauty of nature (and the girls)..This thing that absolutely stunned me was the kindness of people out there! I mean for everything, every places where i went in. Specially this one day, i went to the university of Reykjavik to know if it was possible to make a phd there... My only regret, they don't propose a phd linked to vet studies.. The rest was perfect!

[BayAreaOrBust]

Because Americans are too arrogant and ignorant to even try to be much better society as a whole.

[KingLink95]

Its not that the people are stupid, just the choices are not always that great. Lots of people simply saw Obama as the lesser of two evils.

[HELPfindManyCures]

Because stupid Americans elect stupid people to power its our own fault the people possibly