Wednesday, February 3, 2016

Iceland Forgives Entire Population’s Debt – Mainstream US Media Silent

The video below shows coverage of how Iceland chose a very different way of stopping the crisis of 2008 from the rest of the European countries. The Iceland government made a conscious decision to hear the requests of the population, and to put politicians and bankers on the bench of the accused three years after their financial excesses sank one of the most prosperous economies in 2008. The result was the government of Iceland forgave the mortgage debts for much of its population. 
Let’s be clear here: I have NO LOVE for the government, and just as little for the media because I’m on the receiving end of censorship almost daily in one venue or another. With that said, I can’t speak to Google’s algorithm, but the reason Google is so successful is because it provides relevant results to what a person is searching for in milliseconds. Perhaps Google doesn’t display the solution Iceland used in 2008 (what the author below complains about) because it’s as relevant and as likely to happen in the U.S. as I am likely to to flap my arms and get to Mars. In 2015, Iceland had a population of around 320,000 people, and if you read the article, it says it forgave the mortgages of “much’ of it’s population.

No comments:

Post a Comment