- Iceland let its three largest banks fail, instead of bailing them out. It ensured that tax payers got their money back and gave debt relief to struggling homeowners and to businesses facing bankruptcy. And their economy is booming! It can be done! http://www.nytimes.com/2012/07/08/world/europe/icelands-economy-is-mending-amid-europes-malaise.html 100 comments worldnews
- Iceland’s Economy Is Mending Amid Europe’s Malaise - NYTimes.com http://www.nytimes.com/2012/07/08/world/europe/icelands-economy-is-mending-amid-europes-malaise.html?_r=1 13 comments worldnews
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