You want a real free market? Stop supporting Wall Street and the Banksters. --Driven by the same speculation and risky lending that drove the United States economy, Iceland crashed hard. Relative to the size of its economy, Iceland’s financial crisis was the largest banking collapse in history. All three of its major, privately-owned banks failed. What’s remarkable about Iceland’s banking crash isn’t just how massive it was, but how quickly they rebounded since.
Posted on: Mon, 03 Feb 2014 20:00:01 +0000
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