{"id":25206,"date":"2013-02-04T12:00:56","date_gmt":"2013-02-04T12:00:56","guid":{"rendered":"http:\/\/www.transcend.org\/tms\/?p=25206"},"modified":"2013-02-11T11:50:13","modified_gmt":"2013-02-11T11:50:13","slug":"iceland-president-let-banks-go-bankrupt","status":"publish","type":"post","link":"https:\/\/www.transcend.org\/tms\/2013\/02\/iceland-president-let-banks-go-bankrupt\/","title":{"rendered":"Iceland President: Let Banks Go Bankrupt"},"content":{"rendered":"<p>Iceland President Olafur Ragnar Grimsson tells Al Jazeera&#8217;s Stephen Cole that Europe should let banks that are ran &#8220;irresponsibly&#8221; go bankrupt.<\/p>\n<p>Speaking at the annual World Economic Forum in Davos, Grimsson also held his country as a model of economic recovery after its near-collapse four years ago. <i>&#8220;We didn&#8217;t follow the traditional prevailing orthodoxies. And the end result four years later is that Iceland is enjoying progress and recovery.&#8221; <\/i><\/p>\n<p>httpv:\/\/www.youtube.com\/watch?v=CTljJA_0Y6Y<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Iceland President Olafur Ragnar Grimsson tells Al Jazeera&#8217;s Stephen Cole that Europe should let banks that are ran &#8220;irresponsibly&#8221; go bankrupt. Speaking at the annual World Economic Forum in Davos, Grimsson also held his country as a model of economic recovery after its near-collapse four years ago. &#8220;We didn&#8217;t follow the traditional prevailing orthodoxies. And the end result four years later is that Iceland is enjoying progress and recovery.&#8221;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[51,55,139,146,47],"tags":[],"class_list":["post-25206","post","type-post","status-publish","format-standard","hentry","category-europe","category-capitalism","category-justice","category-economics","category-short-video-clips"],"_links":{"self":[{"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/posts\/25206","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/comments?post=25206"}],"version-history":[{"count":0,"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/posts\/25206\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/media?parent=25206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/categories?post=25206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/tags?post=25206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}