Archive for the ‘Iceland’ Tag

Jubilee! (?)   Leave a comment

2509857120_5f43d4858b_o-28875f634cdecb828ccaaa98c667017dcce48e7c-s1600-c85.jfifLink: http://www.npr.org/sections/money/2016/12/23/506763952/episode-587-jubilee

Summary: After Iceland was hit hard by the financial crisis, Icelanders with mortgage loans were drowning in debt.  Recognizing the outrage, the Progressive Party of Iceland capitalized and offered to clear everyone’s debt.  Planet Money discusses Iceland’s use of a biblical event called jubilee and the results.

Original Air Date: December 23, 2016

Length: 20 minutes