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Monday, May 06, 2013

How Iceland recovered from recession


3 comments:

  1. Anonymous10:42 am

    Remember the government sponsored BBC 'reporting' on this.

    Many local councils invested in these Icelandic banks but didn't realise they were investing in banksters scams. The people of Iceland outed the banksters and took control of their own hard-earned money. That took balls.

    Of course, the corporate/government/bankster controlled media demonized this initiative:

    http://news.bbc.co.uk/1/hi/uk_politics/7659783.stm

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  2. Chris Jones10:58 am

    Allthough the Icelanders are still in debted to the major banks and the IMF according to Webster Tarpley

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  3. Anonymous12:19 pm

    ''Allthough the Icelanders are still in debted to the major banks and the IMF according to Webster Tarpley''

    The IMF is part of the bankster cabal. That muppet becoming 'head' of the IMF who sold off the UK's gold reserves ring any bells?

    Besides, 'debt' (i.e.Usury: http://en.wikipedia.org/wiki/Usury) takes a while to pay off.

    That's why it only took Iceland about 3 years to pay off the 'debt' and get itself back on it's feet. Impressive stuff. :smile:

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