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ICELAND'S Economy now growing FASTER than the U.S. and EU after arresting corrupt bankers

 
Anonymous Coward
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10/10/2012 08:41 AM
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ICELAND'S Economy now growing FASTER than the U.S. and EU after arresting corrupt bankers
Remember when the United States government told the American people that immediate action was required to save the banks, and save our nation from complete collapse? An action in the form of Billions of dollars of National Debt? Yeah, we remember that! Now Trillions of dollars in National debt later, we are in the same position we were in 4 years ago, just more debt. As a matter of fact Federal Reserve Chairmen Ben Bernanke has called for yet another stimulus that will add more debt onto the mountain we already have.

At the start of the world wide 2008 economic collapse, Iceland was in worse shape than almost any other country in the world. Now they are one of the fastest growing economies in the world.

[link to americanlivewire.com]

Last Edited by Ghetto Monk on 10/10/2012 09:33 AM
Anonymous Coward
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Spain
10/10/2012 09:09 AM
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Re: ICELAND'S Economy now growing FASTER than the U.S. and EU after arresting corrupt bankers
bump
Anonymous Coward (OP)
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10/10/2012 09:10 AM
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Re: ICELAND'S Economy now growing FASTER than the U.S. and EU after arresting corrupt bankers
bump
 Quoting: Anonymous Coward 25298056


bumpbump

cheers
No Dhimmi
Proud Infidel

User ID: 100801
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10/10/2012 09:14 AM

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Re: ICELAND'S Economy now growing FASTER than the U.S. and EU after arresting corrupt bankers
Bernak is money
2 year old with
Background of my avatar: [link to en.wikipedia.org]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.
[link to www.cspipublishing.com]
[link to www.faithfreedom.org]
[link to thereligionofpeace.com]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.
Anonymous Coward
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Ireland
10/10/2012 09:16 AM
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Re: ICELAND'S Economy now growing FASTER than the U.S. and EU after arresting corrupt bankers
bump
Anonymous Coward
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10/10/2012 09:42 AM
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Re: ICELAND'S Economy now growing FASTER than the U.S. and EU after arresting corrupt bankers
From your mouth to God's ear!
Anonymous Coward
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10/10/2012 09:43 AM
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Re: ICELAND'S Economy now growing FASTER than the U.S. and EU after arresting corrupt bankers
[link to www.tradingeconomics.com]

k just check this out
Anonymous Coward
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10/10/2012 09:44 AM
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Re: ICELAND'S Economy now growing FASTER than the U.S. and EU after arresting corrupt bankers
My first girlfriend was from Iceland. I always regretted that she moved away before late junior high because she was wickedly smart and ultra mischievous/uninhibited/badass.

If she is an example of the country, then their move makes sense to me. She was the type of girl you wanted all over you, but never against you.

Smart, uninhibited and badass is what this world needs. Go Iceland and show the world this can be done!
Anonymous Coward
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Estonia
10/10/2012 09:44 AM
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Re: ICELAND'S Economy now growing FASTER than the U.S. and EU after arresting corrupt bankers
Bernanke is awesome. The more money he prints, the more the USD inflates. Which means the US makes money in the expense of savers and lenders, who at the moment are primarily China and Japan. China and Japan have no way out of this cycle, because they need the USD to buy oil. Bernanke and Co. are geniuses.
Anonymous Coward
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10/10/2012 09:45 AM
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Re: ICELAND'S Economy now growing FASTER than the U.S. and EU after arresting corrupt bankers
Anonymous Coward
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10/10/2012 09:49 AM
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Re: ICELAND'S Economy now growing FASTER than the U.S. and EU after arresting corrupt bankers
:Bernak is money :
:2 year old with :
 Quoting: No Dhimmi


Bernanke has a nice ass :D
Anonymous Coward
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10/10/2012 09:57 AM
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Re: ICELAND'S Economy now growing FASTER than the U.S. and EU after arresting corrupt bankers
The government could have just redirected the bailout to the clients, not the institutions in order to stave off systematic destruction. Immediate foreclosures should have been limited to only those who never should have qualified in the first place. Wash the mortgage foreclosure from their record and return to their previously and already poor credit rating instead of making it worse. Anyone during the bubble who eventually couldn't pay should still have been foreclosed on, but credit protected. Then very basic credit requirements and income levels should have been instituted for future loans to consumers.

Then the big banks should have been splintered into piece meal and sold off in the free market in a way that would not have allowed them to be clumped together anytime soon.

During this time, the Treasury could have taken over "the Fed" and finally regulate it and audit it.


Competition would have ran rampant ( good for consumers) and the new splintered banks would more than likely focus on investing into small business.
Anonymous Coward
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10/10/2012 10:01 AM
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Re: ICELAND'S Economy now growing FASTER than the U.S. and EU after arresting corrupt bankers
The Banksters are criminals looting America into the NWO.
robbiew

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Ireland
10/10/2012 10:02 AM
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Re: ICELAND'S Economy now growing FASTER than the U.S. and EU after arresting corrupt bankers
If only Ireland had the balls to do the same...
Anonymous Coward
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10/10/2012 10:02 AM
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Re: ICELAND'S Economy now growing FASTER than the U.S. and EU after arresting corrupt bankers
All the western nations should follow Iceland's example and jail the bankers.

The parasite has infected most of the world.
Anonymous Coward
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10/10/2012 10:11 AM
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Re: ICELAND'S Economy now growing FASTER than the U.S. and EU after arresting corrupt bankers
[link to www.tradingeconomics.com]

k just check this out
 Quoting: Anonymous Coward 24516340


does this prove that they are recovering or otherwise?
Fun-Da-Mental

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Netherlands
10/10/2012 10:14 AM

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Re: ICELAND'S Economy now growing FASTER than the U.S. and EU after arresting corrupt bankers
All the western nations should follow Iceland's example and jail the bankers.

The parasite has infected most of the world.
 Quoting: Anonymous Coward 25305051


I wish....
Anonymous Coward
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10/10/2012 10:19 AM
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Re: ICELAND'S Economy now growing FASTER than the U.S. and EU after arresting corrupt bankers
All the western nations should follow Iceland's example and jail the bankers.

The parasite has infected most of the world.
 Quoting: Anonymous Coward 25305051


I wish....
 Quoting: Fun-Da-Mental


Me too!
Anonymous Coward
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United Kingdom
10/10/2012 10:22 AM
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Re: ICELAND'S Economy now growing FASTER than the U.S. and EU after arresting corrupt bankers
Look forward to them honouring their commitments to UK savers.
****SUPERFLY****

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10/10/2012 10:25 AM
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Re: ICELAND'S Economy now growing FASTER than the U.S. and EU after arresting corrupt bankers
Look for Iceland to be invaded!!!
Anonymous Coward
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Canada
10/10/2012 10:32 AM
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Re: ICELAND'S Economy now growing FASTER than the U.S. and EU after arresting corrupt bankers
You can't really compare US economy with Iceland's economy. US is a flagship of the world, like it or not, and Iceland is one of the tiniest fractions. It doesn't mean they can't do well but blindly use the same methods on scale of US is idiotic to say the least.
Anonymous Coward
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Netherlands
10/10/2012 10:46 AM
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Re: ICELAND'S Economy now growing FASTER than the U.S. and EU after arresting corrupt bankers
bumpbumpbump
Anonymous Coward
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10/10/2012 10:52 AM
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Re: ICELAND'S Economy now growing FASTER than the U.S. and EU after arresting corrupt bankers
Look forward to them honouring their commitments to UK savers.
 Quoting: Anonymous Coward 20886100


Bankers took the money and tried to stick the people with the bill. Talk to the banks.
Northman

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10/10/2012 11:19 AM

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Re: ICELAND'S Economy now growing FASTER than the U.S. and EU after arresting corrupt bankers
Bernak is money
2 year old with
 Quoting: No Dhimmi


Feudalisms a bitch if your not part of the ruling class.
Anonymous Coward
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10/10/2012 11:20 AM
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Re: ICELAND'S Economy now growing FASTER than the U.S. and EU after arresting corrupt bankers
[link to www.tradingeconomics.com]

k just check this out
 Quoting: Anonymous Coward 24516340


does this prove that they are recovering or otherwise?
 Quoting: Anonymous Coward 23347181


please help me with this one

as far as I understand, the percentage of debt is growing towards the full income of GDP, so that means that they are going down, right?
PravdaDemocrat

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10/10/2012 11:20 AM
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Re: ICELAND'S Economy now growing FASTER than the U.S. and EU after arresting corrupt bankers
Iceland's ENTIRE economy is as large as the sales of 40 large Walmart Super-Centers.
I wouldn't get too excited about this.
Saddletramp
We Don't Rent Pigs...

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10/10/2012 11:23 AM

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Re: ICELAND'S Economy now growing FASTER than the U.S. and EU after arresting corrupt bankers
We had the opportunity to do this, but instead we wrote a check from our grandchildren and great grandchildren giving them more money to steal and flush down the toilet...

Last Edited by Saddletramp on 10/10/2012 11:24 AM
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Saddletramp
We Don't Rent Pigs...

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10/10/2012 11:26 AM

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Re: ICELAND'S Economy now growing FASTER than the U.S. and EU after arresting corrupt bankers
If only Ireland had the balls to do the same...
 Quoting: robbiew


Ireland has been so close to this, but the politicians have always run backwards at the threats from the Eurozone and the IMF, despite the prodding from the citizenry to move in the other direction...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Nam Marine
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10/10/2012 11:32 AM
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Re: ICELAND'S Economy now growing FASTER than the U.S. and EU after arresting corrupt bankers
Only smart Country in the World right now!
Anonymous Coward
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United States
10/10/2012 11:38 AM
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Re: ICELAND'S Economy now growing FASTER than the U.S. and EU after arresting corrupt bankers
We had the opportunity to do this, but instead we wrote a check from our grandchildren and great grandchildren giving them more money to steal and flush down the toilet...
 Quoting: Saddletramp


We're basically being held prisoner by a corrupt government. We can't do anything.
Torchbearer

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10/10/2012 11:42 AM
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Re: ICELAND'S Economy now growing FASTER than the U.S. and EU after arresting corrupt bankers
The USA had the opportunity to do the same...let the gambling banksters

fail... and arrest the criminals.

By electing RON PAUL president, then auditing the Federal Reserve...

demonstrating the rampant corruption of the banksters...

we could soon be on the path to sustainable growth and prosperity

without war.

Instead...the American public has been quaffing their allocation of

brew, eyes glued incessantly to sporting events of all kinds, and

contemplating the lint in their navels.


So now we will be facing a " Perfect Storm of Ugly "... with a rapidly

devaluing currency, disappearing jobs, and a ramped up police state.

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