{"id":1731,"date":"2014-02-12T20:56:14","date_gmt":"2014-02-12T20:56:14","guid":{"rendered":"http:\/\/fenello.com\/blog\/?p=1731"},"modified":"2014-02-12T20:56:14","modified_gmt":"2014-02-12T20:56:14","slug":"let-banks-fail-is-iceland-mantra-as-2-joblessness-in-sight","status":"publish","type":"post","link":"http:\/\/fenello.com\/oldnews\/tranzitioning\/?p=1731","title":{"rendered":"Let Banks Fail Is Iceland Mantra as 2% Joblessness in Sight"},"content":{"rendered":"<div class=\"mceItemEmbedly\" style=\"max-width:600px;\" data-ajax=\"{'url':'http:\/\/www.bloomberg.com\/news\/2014-01-27\/let-banks-fail-becomes-iceland-mantra-as-2-joblessness-in-sight.html','width':null,'words':null,'height':null,'embed':'&lt;div class=\\&quot;embedly\\&quot; style=\\&quot;\\&quot;&gt;&lt;img src=\\&quot;http:\/\/www.bloomberg.com\/image\/imQoEsXn5W.Q.jpg\\&quot; class=\\&quot;thumb embedly-thumbnail-small\\&quot; \/&gt;&lt;a class=\\'embedly-title\\' target=\\'_blank\\' href=\\'http:\/\/www.bloomberg.com\/news\/2014-01-27\/let-banks-fail-becomes-iceland-mantra-as-2-joblessness-in-sight.html\\'&gt;Let Banks Fail Is Iceland Mantra as 2% Joblessness in Sight&lt;\/a&gt;Iceland let its banks fail in 2008 because they proved too big to save. Now, the island is finding crisis-management decisions made half a decade ago have put it on a trajectory that\\'s turned 2 percent unemployment into a realistic goal.&lt;div class=\\&quot;embedly-clear\\&quot;&gt;&lt;\/div&gt;&lt;span class=\\&quot;embedly-powered\\&quot; style=\\&quot;float:right;display:block\\&quot;&gt;&lt;a target=\\&quot;_blank\\&quot; href=\\&quot;http:\/\/embed.ly\/code?url=http%3A%2F%2Fwww.bloomberg.com%2Fnews%2F2014-01-27%2Flet-banks-fail-becomes-iceland-mantra-as-2-joblessness-in-sight.html\\&quot; title=\\&quot;Powered by Embedly\\&quot;&gt;&lt;img src=\\&quot;http:\/\/static.embed.ly\/images\/logos\/embedly-powered-small-light.png\\&quot; alt=\\&quot;Embedly Powered\\&quot; \/&gt;&lt;\/a&gt;&lt;\/span&gt;&lt;div class=\\&quot;media-attribution\\&quot;&gt;&lt;span&gt;via &lt;\/span&gt;&lt;a href=\\&quot;http:\/\/www.bloomberg.com\\&quot; class=\\&quot;media-attribution-link\\&quot; target=\\&quot;_blank\\&quot;&gt;Bloomberg&lt;\/a&gt;&lt;\/span&gt;&lt;\/div&gt;&lt;div class=\\&quot;embedly-clear\\&quot;&gt;&lt;\/div&gt;&lt;\/div&gt;'}\">\n<div class=\"embedly\" style=\"\"><img decoding=\"async\" src=\"http:\/\/www.bloomberg.com\/image\/imQoEsXn5W.Q.jpg\" class=\"thumb embedly-thumbnail-small\" \/><a class='embedly-title' target='_blank' href='http:\/\/www.bloomberg.com\/news\/2014-01-27\/let-banks-fail-becomes-iceland-mantra-as-2-joblessness-in-sight.html'>Let Banks Fail Is Iceland Mantra as 2% Joblessness in Sight<\/a>Iceland let its banks fail in 2008 because they proved too big to save. Now, the island is finding crisis-management decisions made half a decade ago have put it on a trajectory that&#8217;s turned 2 percent unemployment into a realistic goal.<\/p>\n<div class=\"embedly-clear\"><\/div>\n<p><span class=\"embedly-powered\" style=\"float:right;display:block\"><a target=\"_blank\" href=\"http:\/\/embed.ly\/code?url=http%3A%2F%2Fwww.bloomberg.com%2Fnews%2F2014-01-27%2Flet-banks-fail-becomes-iceland-mantra-as-2-joblessness-in-sight.html\" title=\"Powered by Embedly\"><img decoding=\"async\" src=\"http:\/\/static.embed.ly\/images\/logos\/embedly-powered-small-light.png\" alt=\"Embedly Powered\" \/><\/a><\/span><\/p>\n<div class=\"media-attribution\"><span>via <\/span><a href=\"http:\/\/www.bloomberg.com\" class=\"media-attribution-link\" target=\"_blank\">Bloomberg<\/a><\/span><\/div>\n<div class=\"embedly-clear\"><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Let Banks Fail Is Iceland Mantra as 2% Joblessness in SightIceland let its banks fail in 2008 because they proved too big to save. Now, the island is finding crisis-management decisions made half a decade ago have put it on &hellip; <a href=\"http:\/\/fenello.com\/oldnews\/tranzitioning\/?p=1731\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-1731","post","type-post","status-publish","format-standard","hentry","category-tranzitioning"],"_links":{"self":[{"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts\/1731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/comments?post=1731"}],"version-history":[{"count":2,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts\/1731\/revisions"}],"predecessor-version":[{"id":1734,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts\/1731\/revisions\/1734"}],"wp:attachment":[{"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/media?parent=1731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/categories?post=1731"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/tags?post=1731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}