Saturday, September 8, 2012

Iceland Shows Other Europeans How to Survive Bankruptcy




Small Atlantic nation enjoys growth and employment gains after failing to rescue its banks. Mainland Europe remains stuck with stagnation, decline, and ruinous "rescue" packages.

Taxpayers in Europe (and the United States) who have been terrorized since 2008 by government officials warning about economic armageddon, catastrophe, and pestilence should look to tiny Iceland for a taste of how little there is to fear when the experts can't save the people.
Read the rest here
Reason.com 

Judy Morris,
Blogger, THL
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