How Iceland responded to its banking collapse

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How Iceland responded to its banking collapse – CBS News

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The crash of 2008 put the economies of many nations on ice, but few took a harder hit than Iceland. Years later, as the “Panama Papers” leak demonstrates, politicians and bankers are still paying the price. Iceland’s economy has recovered, and for many citizens, how the nation of 330,000 dealt with the financial crisis was the right way. Martha Teichner reports.

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