In 2009, Iceland was in worse shape than most of the world and is now recovering at a faster rate than the United States and Europe. The reason is may be a simple yet very powerful idea that can change the world:

“The government bailed out the people and imprisoned the banksters… the opposite of what America and the rest of Europe did” – Ólafur Ragnar Grímsson, President of Iceland

Inside Job (2010) is an interesting Authentic Material that you can use to expose your students to the history of the 2008 recession and the bailouts that followed. Narrated by Matt Damon, this award winning documentary provides a comprehensive explanation of how the banksters and corrupt politicians pocketed hundreds of millions of dollars while destroying the global economy.   Rated PG-13

Internationally recognized TESOL coursesLearn to create professional lesson plans