When this whole crisis kicked off in 2008 and Iceland was the first country to really get a beating I wrote a lengthy article, some would call a conspiracy theory, in which I said that Iceland was a planned attack on their economy to steal their national resources by the IMF & co. Over the past 4 years they quietly did their own thing to come out of the crisis and decided to stick it to the IMF & co, despite their pretty serious threats. 4 years later Iceland is looking solid enough to call their own way of dealing with this crisis a success, especially compared to the rest of the IMF controlled world. Oddly, now a slew of papers who called for the head of Iceland 4 years ago, are agreeing with the above. Conspiracy or not, I am happy to see that the are acknowledging the faults of the IMF etc.
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