Talk about a country that really cares...talk about media blackout. The 110% of the value of the real-estate mortgage debt forgiveness will provide some stability. Although, many are still in other debt, it frees up some expenditures to payback the rest. Iceland decided to listen to the population and sideline the bankers and politicians after their actions in 2008 destroyed the economy. The bankers are the accused throughout Europe and the United States. It is refreshing to see a nation stand up for what is right
Did you read about this in any US news outlet including alternative news? I hardly think so.
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