YorkNecromancer
06-10-2015, 04:26 PM
So yeah, I basically want to live in Iceland now. (http://www.independent.co.uk/news/business/news/three-charts-that-show-icelands-economy-recovered-after-it-imprisoned-bankers-and-let-banks-go-bust--instead-of-bailing-them-out-10309503.html)
My GF went over for break with some lady friends, and fell in love with the place. but what stuck out to her was that Iceland's prison population (85 people) was one third banking executives. When the 2008 crash happened, the government tracked down everyone responsible, threw them in jail, then let their banks fail.
Now, their economy is recovering perfectly.
I am so sick of the media telling me that free markets are the only way to keep debts down, fight inflation and prevent unemployment, when there are real alternatives that demonstrably work. It's like, if you hear 'free markets!' long enough, you start to think it's true, to wonder if you're wrong - even though it sounds like insanity. Then Iceland kicks the backside of every corrupt motherf**ker in sight, throws their 1%er a**es in jail, and walks a different road that works. And you see, no, you're not wrong; that free market bullsh** was exactly what you thought it was.
More and more, I think I need to live there.
Geothermal energy. No pollution. A prison population in two figures. Plentiful yoghurt.
It's not a utopia, but compared to the UK at the moment, frankly it sounds a lot like one.
My GF went over for break with some lady friends, and fell in love with the place. but what stuck out to her was that Iceland's prison population (85 people) was one third banking executives. When the 2008 crash happened, the government tracked down everyone responsible, threw them in jail, then let their banks fail.
Now, their economy is recovering perfectly.
I am so sick of the media telling me that free markets are the only way to keep debts down, fight inflation and prevent unemployment, when there are real alternatives that demonstrably work. It's like, if you hear 'free markets!' long enough, you start to think it's true, to wonder if you're wrong - even though it sounds like insanity. Then Iceland kicks the backside of every corrupt motherf**ker in sight, throws their 1%er a**es in jail, and walks a different road that works. And you see, no, you're not wrong; that free market bullsh** was exactly what you thought it was.
More and more, I think I need to live there.
Geothermal energy. No pollution. A prison population in two figures. Plentiful yoghurt.
It's not a utopia, but compared to the UK at the moment, frankly it sounds a lot like one.