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Iceland Recovering From Neoliberal Disaster - Michael Hudson, #183

Iceland Recovering From Neoliberal Disaster - Michael Hudson, #183

Iceland's banking crisis and foreign debt; it's d…

Guns and Butter

April 21, 201559m 18s

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Show Notes

Iceland's banking crisis and foreign debt; it's decision to push back against IMF and World Bank austerity; Gordon Brown's role in the Icesave scandal; the capacity to pay principle; similarities with Germany's foreign debt reparations from the 1920s; European Union disarray; media omissions.  Aired: August 19, 2009 Visit Guns and Butter at: http://www.gunsandbutter.org