Iceland took the road less traveled

PMBug said:

More: http://icelandmag.visir.is/article/26-bankers-already-sentenced-a-combined-74-years-prison

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How Iceland Lost 50% of Its GDP, And Recovered​

rblong2us said:

I was fu**ing livid when gordon brown used TERRORIST law to seize all their assets in the UK, leaving them with NOTHING !
They were so skint they couldnt buy food or fuel to run the trawlers to catch fish and sell it to raise $

They all got together and shared what they had, as for a few weeks there WAS NO FOOD in the shops ( the didnt tell you this did they !!!)
Small community and everyone knows everyone. Awesome eh ?

In the end it was Russia and Finland (?) lent em some wonga to get things moving.
The pols tried real hard to get the people to agree to paying off the debt forever but they were so furious with the handful of banksters who shafted em, then flew out in their helis ... talk about two fingered salutes ... and the youngsters were all being forced to go off island to get paying work, so they knew it would rip the community to bits and leave the old folk with an unpayable bill.

Its bloody awesome how theyve turned things around and are once again confident of their future.
They are discussing the possibility of an undersea DC cable to sell power to northern europe using their vast geothermal resources. Talk about a bright future eh ?

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