Why Not The Iceland Solution In The USA?

Experts continue to praise Iceland’s recovery success after the country’s bank bailouts of 2008.
Unlike the US and several countries in the eurozone, Iceland allowed its banking system to fail in the global economic downturn and put the burden on the industry’s creditors rather than taxpayers…

http://www.icenews.is/index.php/2012/08/22/icelands-recovery-continues-declared-impressive/#ixzz24SMTUjMf

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