Remember Iceland's bank collapse? The country's economy tanking, angry people yelling and banging cutlery on the icy streets of Reykjavík, and people around the world pointing fingers at Iceland, citing it as the worst example of greed taking over a society? There were some pretty nasty comments, mostly coming from Britain (many of whose citizens
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And in the U.S., who was calling for exactly this action again? Hint, not the Democrats. Second hint, not the Republicans. Here's a final hint.
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Take that, libtards! Here's another one: 100,000 people died around the world the night after Obama announced he was for gay marriage. Obama: Mass murderer???
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And it has worked. Because we knew exactly what we were doing, and why.
After the economy is fixed, humility is the next priority.
Iceland is too homogeneous!
And omogeneousphobia rears its ugly head.
SOSHULIZM!!! YOU CAN'T TOUCH THE BANKS, WE'LL ALL DROWN!!!1!1"
Actually, letting the banks fail is kind of a free market, let the Invisible Hand sort it out kind of thing to do. The socialist approach would have been to nationalize the bank.
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Naming the core reason for an outcome is essential to understanding how the whole thing works.
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And what the Icelandic people have been through in the last 3 years can hardly be called something worth boasting, or hubris.
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