On the one hand, Iceland is the happiest country in the world, with a world-class health, educational, and social safety net system. On the other hand, they were just robbed blind by the Banksters - the direct result of privatization and deregulation. First around 2000 the national-owned banks were deregulated and privatized. Then the private owners ran them into huge debt and crashed. Now the Banksters who bought the banks want the people of Iceland to pay up for the bankers crimes. It's an amazing story...Thom explains calling in from Iceland.