In the financial crisis of 2008-, Iceland refused to saddle its citizenry with huge debts incurred by private banks, despite tremendous pressure from European governments and institutions. Today the president of Iceland described the danger to democracy at that time on CBC Radio's Sunday Edition.
Have a listen and learn:
- How 15 demonstrators stood between police protecting the PM's office and rock-throwing protesters, preventing who knows what.
- How when all of Iceland's allies turned their backs on Iceland, or made terrible threats against it, only China (!) was willing to discuss aid and support
- How "Gordon Brown [UK PM] will be remembered in Iceland when he has been forgotten in Britain."
Image: One of Iceland's other minor problems during the same period.