Bail out citiziens instead

They have like 5 people living there...

Big fan of their new immigration strategy too, iceland based af

Lesson learned: As a banker or rich person, always pay the politicans so they won't do something like this.

You know why Iceland functions so well? They don't have many Jews living there. Their capital just got a rabbi since 2018. Guess what he is preaching already. More immigrants.

Not true, the government tried to bail out the banks but did not have the power to do so. The bankers got the criminal equivalent of a slap on the wrists. Their strong economic recover came from a very unexpected tourism boom.

And Iceland is not in the euro

Didnt the whole country go bancrupt?

But why your economy has to suffer because banks exist? It can't be possible than entire nations just get poorer because some dudes gambled other's people money. Banks made sense when storing wealth was a need, today it doesn't make sense, we could just have a blockchained db of how much money every person has and that's it. Also let's remember banks fuck with monetary supply too, inflation it's also their fault, monetary base means they will multiply the amount of money because at the end they offer more money than actually exists.

Is this an ad?

Iceland even paid back a large group of dutch people who made use of the Iceland bank making them a very trustable people in the eyes of the Netherlands.