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Iceland’s President: Let The Banks Go Bankrupt

By ShadowInsight Admin · February 16, 2013 · 1 min read · 53 words

After Iceland’s population gave us an example of how to get rid of the corrupted bankers, president Olafur Ragnar Grimsson explains why private banks should not be saved when facing bankruptcy:

“We let other companies go bankrupt and fail, so why not banks? (…) Why when banks fail should the taxpayers pay the price?”.

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