Iceland and their Auroracoin

“When Iceland’s bubble burst in 2008, the country’s enlarged banking sector fell apart and the government uniquely (sensibly) let banks fail. This defining capitalist act was anathema to Western politicians who wouldn’t let their banking cronies down. Indeed British socialist Prime Minister Gordon Brown blackmailed Iceland into reparations while ‘masterminding’ the ill-conceived wave of bailouts amongst banks … Read moreIceland and their Auroracoin