Jesse's Café Américain

“Blood and power intoxicate; they help to develop callousness and debauchery. The mind then becomes capable of the most abnormal cruelty, which it regards pleasure; the man and the citizen are swallowed up in the tyrant; and the return to human dignity, repentance, moral resurrection, becomes almost impossible."
Fyodor Dostoevsky, The House of the Dead

Showing posts with label Icelandic Banking Crisis. Show all posts
Showing posts with label Icelandic Banking Crisis. Show all posts
28 November 2012

How Iceland Restrained the Anglo-American Banks: CBC Interviews Ólafur Grimsson

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As you have read here and elsewhere, there is the 'Japanese model' and the 'Swedish model' for dealing with a crisis cau...
05 July 2010

The Trashing of Iceland By Private Banks, and Its Efforts at an Economic Renaissance

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Iceland represents an interesting situation. Most people are not very familiar with it. With only 300,000 inhabitants, Iceland certainly fit...
07 March 2010

Iceland Voters Reject Bank Bailouts in Crushing Electoral Defeat; Neo-Liberalism In Context

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"Voters rejected the bill because ordinary people, farmers and fishermen, taxpayers, doctors, nurses, teachers, are being asked to shou...
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