Iceland’s former Prime Minister went on trial today for failing to prevent a bubble economy

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Iceland’s former Prime Minister went on trial today facing criminal charges for his role in 2008 financial crisis that brought the nation to its knees. Geir Haarde is charged with negligence for failing to prevent the bubble economy created by Icelandic banks that led to the whole financial sector collapsing and thousands of people losing their jobs and homes. It also ultimately led to Haarde getting kicked out of office.
Maybe we should be taking notes over here – and put Bush and Greenspan on trial for their crimes against the economy. That trial can begin right after Bush's war crimes trial ends.

Thom Hartmann Administrator's picture
Thom Hartmann A...
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I love my wife's Icelandic heritage!

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DRC
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good vikings

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mywye
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Who Should an Economy Serve?

The top one percent own half of all the world's assets. In stark contrast, the bottom fifty percent of the world owns less than one percent. According to the 2014 Global Wealth Report from Credit Suisse, global inequality has surged since the 2008 financial collapse. The report explains that while global wealth has more than doubled since the year 2000, the vast majority of overall growth has gone to those who were already wealthy.

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