Why Iceland isn’t in the news nowadays

Michael Hudson has some hints:


More at The Real News

Basically, it has a lot to do with fucking those who have fucked you, and using a splintery broomstick to do it. Yeah, Icelanders got up on their hind legs and raised a ruckus. And the banks backed down. Iceland has made a rather dramatic recovery since.

You don’t suppose there’s a lesson in here for the rest of us who are still in a world of hurt, eh?

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This entry was posted in Economics for Dummies, EuroPeons, Filthy Stinking Rich, Good to Know, Scandinavian Smorgasbord, Socialism is Good for Capitalism!, The Bold and the Badass. Bookmark the permalink.

2 Responses to Why Iceland isn’t in the news nowadays

  1. thwap says:

    Orwell said that there wasn’t much difference between the results of the media output of crude stalinist and oligopolist capitalism.

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