At the start of the world wide 2008 economic collapse, Iceland was in worse shape than almost any other country in the world. Now they are one of the fastest growing economies in the world.
Imagine what America would be like today if we bailed out the victims of poor banking practices, while punishing the bankers who were responsible?
After watching this video, what you think? Was Iceland off their rocker for sending the bankers to jail, or on to something that America should have done as well?