FPSA and EU remain mired in Depression.
REYKJAVIK, Iceland (PNN) - October 1, 2012 - Iceland decided not to follow the rest of the world by bailing out the bankers. Instead, it chose to arrest them. Now Iceland’s economy is recovering fast while both the EU and Fascist Police States of Amerika remained mired in Depression.
Remember when the FPSA government told the Amerikan people that immediate action was required to save the banks and save the nation from complete collapse?
Now trillions of dollars in national debt later, the FPSA is in the same position it was in 4 years ago, just with more debt. As a matter of fact, Federal Reserve Chairman Ben Bernanke has called for yet another stimulus that will add even more debt onto the mountain the FPSA already has.
At the start of the worldwide 2008 economic collapse, Iceland was in worse shape than almost any other country in the world. Now it is one of the fastest growing economies in the world.
Imagine what Amerika would be like today if it bailed out the victims of poor banking practices while punishing the bankers who were responsible.
