Iceland is one of the most beautiful and strange looking places on Earth.  Its scenery and natural phenomena like volcanoes and aurora borealis confer upon it an otherworldly aura

and it’s no wonder most Icelanders still believe in elves and in little magical people.  But the fairy-tale magic of Iceland was abruptly suspended in recent years when Icelanders felt the asfixiating effects of the banking crisis.

In other countries, high-end banker criminals walk the street with impunity and are in every way treated as royalty, as Matt Taibbi in his admirably honest Rolling Stones article Too Crooked to Fail attests.  But not in Iceland: the small country has jailed some of the main bankers responsible for their current state of international debt.

Continue Reading…

Courtesy of http://www.greenewave.com