Articles by telesurenglish
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(Spanish with English subtitles) Iceland Forgives Mortgage Debt of Its Population
telesurenglish – TRANSCEND Media Service,
23 Apr 2012
The government of Iceland has forgiven the mortgage debt for much of its population. This nation chose a very different way of stopping the crisis from the rest of European countries. It decided to hear the requests of the population and to put politicians and bankers on the bench of the accused three years after their financial excesses would sank one of the most prosperous economies in 2008.
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