The Bourbons, as Talleyrand once remarked, learned nothing and forgot nothing. What was true of the rulers of France some two centuries ago seems true of voters in some countries in Europe, and elsewhere, today. Iceland saw its economy collapse in the 2008 financial crisis, and voters later rejected the centre-right government that presided over a national disaster. Now, after four years of austerity measures under a centre left government, its voters have again changed their mind. This time to favour a centre right coalition – elected on an anti- austerity programme.
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