Why the US Cannot Be Saved
by Dave Hodges | The Common Sense Show
I receive many emails from well-intentioned and intelligent readers who hold up Iceland as a shining example of what America must do in order to save herself. I agree, in principle with the people who wrote to me that we should emulate Iceland. The Icelanders have demonstrated tremendous resilience, courage and vision to overcome and, at least temporarily, defeat the banksters while restoring their economy.
The people of Iceland have more courage in their little finger than America has in its entire being. Iceland’s financial failure forced its government to resign or be removed, and it also caused citizens to re-evaluate the merits of their reckless spending, borrowing and consumption. Just how did Iceland do it?
Iceland’s President Olafur Ragnar Grimmson was interviewed earlier this year at the World Economic Forum in Davos on why Iceland has enjoyed such a strong recovery after it’s complete financial collapse in 2008, while the rest of the West is still mired in debt, poverty and hopelessness to go with empty promises of an economic recovery.
Source: http://philosophers-stone.co.uk/wordpress/2014/01/why-the-us-cannot-be-saved/
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