Editorials & Other Articles

oldbanjo

(690 posts)

18. The banking system in Iceland mostly affected Iceland

Reply to polly7 (Original post)

Wed Dec 26, 2012, 07:52 PM

Dec 2012

the banking system in the US affects the entire World and could have caused a World wide Depression.

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Iceland Was Right, We Were Wrong: The IMF [View all] polly7 Dec 2012 OP

Boy Howdy I wish THIS would infect the beltway media! annabanana Dec 2012 #1

Don't worry, the corps and the banks are dumping huge amounts of "anti-contagion" into washington Javaman Dec 2012 #34

K&R Teamster Jeff Dec 2012 #2

Also: tama Dec 2012 #3

k&r Little Star Dec 2012 #4

Du rec. Nt xchrom Dec 2012 #5

“an imbalance between rich and poor is the oldest and most fatal ailment of all Republics,” grahamhgreen Dec 2012 #6

So true.... abelenkpe Dec 2012 #19

When does the Statute of Limitations cbrer Dec 2012 #7

Do "Statute of Limitations" come from monolithic laws of nature, some deity, or an E.T.? Larry Ogg Dec 2012 #32

probably wriiten in the law they are past any limit or like Bush/Cheney, it's law they are immune. Sunlei Dec 2012 #44

kick bloomington-lib Dec 2012 #8

k/r marmar Dec 2012 #9

But doing it the austerity way, don't a handful of very, very rich people get richer? valerief Dec 2012 #10

Cha-ching! On the nosey! bluesbassman Dec 2012 #13

Because making the rich richer is *THE* most important thing in the world. valerief Dec 2012 #15

IIRC, Iceland didn't give the bankers nothing magical thyme Dec 2012 #11

Iceland gave them what was left over -- *snicker* -- after the people were given their money back. pacalo Dec 2012 #46

Krugman was right FreeBC Dec 2012 #12

K&R Sherman A1 Dec 2012 #14

I posted the same things back in 2010 and was belittled for being "naive" Drew Richards Dec 2012 #16

I was 100% against the bailout of 2008 Heather MC Dec 2012 #37

I was told how irresponsible it was. Warren Stupidity Dec 2012 #38

Kicked and recommended. Uncle Joe Dec 2012 #17

The banking system in Iceland mostly affected Iceland oldbanjo Dec 2012 #18

Global economy is still unstable abelenkpe Dec 2012 #20

Hmmm. Actually Iceland's banks were being used for deregulated speculation Warren Stupidity Dec 2012 #24

kick limpyhobbler Dec 2012 #21

^ Wilms Dec 2012 #22

Read "The Shock Doctrine" - Naomi Klein. It's all in there in, described in detail. Why do we still alberg Dec 2012 #23

The Too Big To Jail run DC, blkmusclmachine Dec 2012 #25

Um...DUH! lrellok Dec 2012 #26

Doesn't take a rocket scientist to figure this one out... tex-wyo-dem Dec 2012 #27

"The upper class will just hoard most of the wealth." caveat_imperator Dec 2012 #30

Rocket Scientist? Farmer Fowweather Dec 2012 #28

k&r nt bananas Dec 2012 #29

Ísland var rétt defacto7 Dec 2012 #31

K&R idwiyo Dec 2012 #33

K&R DeSwiss Dec 2012 #35

"Iceland gave the banksters nothing. " Volaris Dec 2012 #36

HUGE K & R !!! WillyT Dec 2012 #39

Iceland also canceled EVERY bank home forclosure and gave the homes back to the citizens. Sunlei Dec 2012 #40

Austere measures DON"T WORK lovuian Dec 2012 #41

Keynes showed the way during the Great Depression and it worked. The Austrian/U of Chicago school byeya Dec 2012 #42

I quibble with the notion that truedelphi Dec 2012 #45

Max Keiser isn't crazy after all. Gregorian Dec 2012 #43

But, but, but President Obama.... Hotler Dec 2012 #47

The IMF loves to go nation shopping!!! lunasun Dec 2012 #48