Unlike the US and Britain, Iceland has a reputation for taking steps that other countries have until now refused to even consider, such as nationalizing their banks. This radical change has boosted the Icelandic economy and leaves other European countries trailing miserably behind.
It’s high time the US followed Iceland’s example – either lock ’em up or string ’em up.
Scandinavian countries do things well including jailing corrupt bankers. A great post.
LikeLike
A lot of people in Australia and New Zealand think they’re immune from the corrupt influence of international bankers. In New Zealand, most of our banks are owned by Australian banks – whose major shareholders are Wall Street banks like Goldman Sachs and J P Morgan.
LikeLike
No surprise this is getting little press in North America. The last thing our governments want is the people knowing nationalizing banks would be good for our economy.
LikeLike
The sad thing is that we did nationalize them for awhile in 2008, and then let them slip away.
LikeLiked by 1 person
Dr. you just don’t get it,when you are just to big to jail and your underling is president of USA and our 3D printer working OT putting out money and the honey to keep it that way.
LikeLike
Well, the bankers don’t seem to realize that by getting rid of the middle class they have nothing to protect them from the pitchforks.
LikeLike
Great news ! i will spread the word
LikeLike
Love it! Give ’em hell times 100!
But this will never happen here, since the bankers are among those who own and operate Merica!
By the way, I posted your comment on the psychiatry post. And I also want to share that my posts are pointed at Merican psychiatry, not psychiatry in general. I know, by experience, that psychiatry is just another arm of the government and Big Pharma in Merica.
I mean no insult to you!
LikeLike
No worries, sojourner. No offense taken on the psychiatry issue.
LikeLike
Good, I’m glad!
LikeLike
Yet ours are still taking home million plus pound bonus each year. Who has the real power!
LikeLike
In the US, people are powerless because they rely on spineless political leaders to represent them when they should be organizing (like the Icelanders did) to demand real change.
LikeLike
Yes same here. Until we break the connection then nothing will change. We had one ex chairman of HSBC employed as a government advisor, says it all!
LikeLike
Only one? Most of Obama’s cabinet is ex-banksters.
LikeLiked by 1 person
That’s the one we know about, it was reported a few weeks ago. We don’t know the advisors here.
LikeLike