Iceland’s President on Iceland’s fast recovery: “We did not follow the prevailing orthodoxies of the western financial world”

“And secondly, we were fortunate to realize, early on, that this was not just a financial crisis, this was also, for the first time in modern memory, a profound political, social and even judicial crisis . . . many people forget that an economy is fundamentally a community of people. . .”

via Connie.

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