This is pretty interesting. After a financial crisis a few years ago, that left taxpayers on the hook for private bankers' debt, Icelanders recently drafted a new constitution... online.
Why Iceland Should Be in the News, But Is Not
We could follow Icelands lead...
Iceland voters reject repaying $5 billion foreign debt - CNN.com
Then again with 93% of there voters saying they are not repaying others losses,there government is still saying they will.
To really understand it you have to understand the reason they owe the 5...