Why Iceland isn’t in the news nowadays

Michael Hudson has some hints:


More at The Real News

Basically, it has a lot to do with fucking those who have fucked you, and using a splintery broomstick to do it. Yeah, Icelanders got up on their hind legs and raised a ruckus. And the banks backed down. Iceland has made a rather dramatic recovery since.

You don’t suppose there’s a lesson in here for the rest of us who are still in a world of hurt, eh?

Facebooktwitterredditpinterestlinkedinmail
This entry was posted in Economics for Dummies, EuroPeons, Filthy Stinking Rich, Good to Know, Scandinavian Smorgasbord, Socialism is Good for Capitalism!, The Bold and the Badass. Bookmark the permalink.

2 Responses to Why Iceland isn’t in the news nowadays

  1. thwap says:

    Orwell said that there wasn’t much difference between the results of the media output of crude stalinist and oligopolist capitalism.

Comments are closed.