Iceland Jailed Bankers and Rejected Austerity—and It’s Been a Success Instead of imposing devastating austerity measures and bailing out its banks, Iceland let its banks go bust and focused on social welfare policies. It has now repaid 85 percent of U.K. claims, and the Icelandic finance minister announced recently that all will be settled by the end of the year. by Roisin Davis

Iceland Jailed Bankers and Rejected Austerity—and It’s Been a Success
Instead of imposing devastating austerity measures and bailing out its banks, Iceland let its banks go bust and focused on social welfare policies. It has now repaid 85 percent of U.K. claims, and the Icelandic finance minister announced recently that all will be settled by the end of the year.
by Roisin Davis

Iceland Jailed Bankers and Rejected Austerity—and It’s Been a Success

Published on Friday, June 12, 2015 by TruthDigIceland Jailed Bankers and Rejected Austerity—and It’s Been a Success Instead of imposing devastating...

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