Presidente da Islândia: -" Parem de tratar bancos como igrejas sagradas, deixem eles quebrar".
Iceland President Olaf Grimsson at Davos : "We didn't follow the traditional prevailing orthodoxies. Unlike the U.S. and EU, we forced bank bondholders to take losses. And the end result four years later is that Iceland is enjoying progress and recovery. Europe should let banks that are managed irresponsibly go bankrupt.
Islândia está ensinando novas lições ao FMI : "deixem bancos quebrar, assim eles aprendem".
Deutsche Welle - 31 Jan 2013 - clique aqui.
We let the banks fail. They were private banks, and I've often asked the question why people consider them to be the holy churches of modern economy. Why are they different from telecommunications or railway companies or many other companies? Why shouldn't they be allowed to fail? If you send a signal to the bankers that they can take all the risks they want to take, they will be rewarded financially in an extraordinary way. But if they fail, the bill will always be sent to taxpayers, ordinary people, fishermen, farmers, doctors, teachers, nurses and so on. But in addition we introduced currency control instruments. And we didn't introduce social austerity measures as demanded by leaders in many different parts of Europe for their own countries at the moment.
Three or four years ago, our policy measures were probably opposed by most established governmental or financial authorities in Europe. But the end result is that Iceland is now on the road to a much stronger recovery than any other European country that has faced a financial crisis in recent years.
