Le Monde Diplomatique: Iceland’s loud No
by Silla Sigurgeirsdóttir and Robert H Wade Can’t pay back, won’t pay back The people of Iceland have now twice voted not to repay international debts incurred by banks, and bankers, for which the whole island is being held responsible. With the present turmoil in European capitals, could this be the way forward for other economies? The small island of Iceland has lessons for the world. It held a referendum ...
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