Sunday, January 27, 2013

Let The Banks Go Bankrupt...

A glimmer of hope amid the never-ending futile game of Extend and Pretend being played in the U.S. and Europe. Here the Icelandic President tells how the Icelandic economy is now outperforming the rest of Europe, by doing the exact opposite of what the Goldman Sachs-installed stooges are attempting across the Euro area:


1) Let the banks fail
2) Support the poor
3) Limit austerity measures
4) Allow the economy to rebuild

i.e. Wipe out the debts and start over. It's the only way out of this ongoing fiasco. Meanwhile, this guy has way too much commonsense to be at Davos...


h/t: Zerohedge