End of America

The details on an incredible economic recovery the media is ignoring

end-of-america
From Azizonomics:
 
Emotionally, I love Iceland's financial policies since the crash of 2008...
 
Iceland went after the people who caused the crisis — the bankers who created and sold the junk products — and tried to shield the general population.
 
But what Iceland did is not just emotionally satisfying. Iceland is recovering, while the rest of the Western world — which bailed out the bankers and left the general population to pay for the bankers' excess — is not.
 
Bloomberg reports:
 
Few countries blew up more spectacularly than Iceland in the 2008 financial crisis. The local stock market plunged 90 percent; unemployment rose ninefold; inflation shot to more than 18 percent; the country's biggest banks all failed.
 
This was no post-Lehman Brothers recession: It was a depression.
 
Since then, Iceland has turned in a pretty impressive performance. It has...
 
 
More government stupidity:
 
 
 
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