“It is dangerous that someone is too big to investigate – it gives a sense there is a safe haven.”.

This year the International Monetary Fund declared that Iceland had achieved economic recovery ‘without compromising its welfare model’ of universal healthcare and education.

Other measures of progress like the country’s unemployment rate, compare just as well with countries like the US

Rather than maintaining the value of the krona artificially, Iceland chose to accept inflation.

This year, Iceland will become the first European country that hit crisis in 2008 to beat its pre-crisis peak of economic output.

Everthing in this article shows that all the threats about Greece leaving the Euro are complete BS.

Source: IMF data shows Iceland’s economy recovered after it imprisoned bankers and let banks go bust – instead of bailing them out

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