(Spanish with English subtitles) Iceland Forgives Mortgage Debt of Its Population
SHORT VIDEO CLIPS, 23 Apr 2012
telesurenglish – TRANSCEND Media Service
The government of Iceland has forgiven the mortgage debt for much of its population. This nation chose a very different way of stopping the crisis from the rest of European countries. It decided 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 would sank one of the most prosperous economies in 2008.
httpv://www.youtube.com/watch?v=uyxzg58JkYI
This article originally appeared on Transcend Media Service (TMS) on 23 Apr 2012.
Anticopyright: Editorials and articles originated on TMS may be freely reprinted, disseminated, translated and used as background material, provided an acknowledgement and link to the source, TMS: (Spanish with English subtitles) Iceland Forgives Mortgage Debt of Its Population, is included. Thank you.
If you enjoyed this article, please donate to TMS to join the growing list of TMS Supporters.
This work is licensed under a CC BY-NC 4.0 License.