Global Economic Collapse: The Icelandic Example?

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"Iceland was one of the hardest hit nations in the immediate aftermath of the September 2008 economic meltdown. Asked by their own government to pay Britain and Holland for bailing out their Icesave-exposed banks, the people overwhelmingly said "no." Do the actions of the Icelandic people present an example for the rest of the world as we see the global economy teetering on the edge of collapse? Find out on this week's GRTV Feature Interview James Corbett with Michael Hudson."

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[sunflower]

Now that I've watched the video I have a somewhat better understanding of what's going on in the world of finance and banking. Good one!