Hello

"Why should we have a part of our society that is not being policed or without responsibility?" said special prosecutor Olafur Hauksson at the time. "It is dangerous that someone is too big to investigate - it gives a sense there is a safe haven."

What a difference this would/will make if this was the case in the EU/USA

Recovery 'without compromising on welfare model'

This year the International Monetary Fund declared that Iceland had achieved economic recovery 'without compromising its welfare model' of universal healthcare and education.

Other measures of progress like the country’s unemployment rate, compare just as well with countries like the US

Rather than maintaining the value of the krona artificially, Iceland chose to accept inflation.

Says it all really ! Why punish the people rather that the one in Power that in the first place seems to have or have created the problem for all in the first place

Then introduce punishing ways such as:

• zero hours/not taking the rich /tax evasions from the super rich/ let the poor get even poorer & the rich richer beyond belief
• cut all the important services/cut benefits to the one that needs it more
• pay nothing to the young & then ask them to find a job when there seems to be no jobs or jobs that pays hardly nothing with no hope of succeeding  & the list goes on

This pushed prices higher at home but helped exports abroad – in contrast to many countries in the EU, which are now fighting deflation, or prices that keep decreasing year on year.

This year, Iceland will become the first European country that hit crisis in 2008 to beat its pre-crisis peak of economic output.

With the reduction of capital controls – tempered by the 39 per cent tax – it continues to make progress.

"Today is a milestone, a very happy milestone," Iceland’s finance minister Bjarni Benediktsson told the Guardian when he announced the tax

Great for them for finding a way to deal with the problem & indeed jailing the culprit & taking chances in the right direction

If they can do it why not other Countries is the question for me really

Great read indeed