The Nordic Zimbabwe

“The catastrophic economic collapse of Iceland has in international news stories been described as simply another, inevitable casualty of the credit crunch. A Wall Street Journal story last week noted that Iceland was one of the international financial bubble’s most enthusiastic players,” but failed to mention how Iceland’s largely homemade crisis was created by a small group of powerful political and financial figures who literally have looted the nation’s treasury.”

Iris Erlingsdottir in the Huffington Post

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