Guns and Butter, for August 19, 2009 - 1:00pm
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Guns and Butter - "Iceland Recovering From Neoliberal Disaster""Iceland Recovering From Neoliberal Disaster" with Dr. Michael Hudson on Iceland's banking crisis and foreign debt; it's decision to push back against IMF and World Bank austerity; Gordon Brown's role in the Icesave scandal; the capacity to pay principle; similarities with Germany's foreign debt reparations from the 1920s; European Union disarray; media omissions.
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