unusual_suspect
24-07-2009, 09:51 AM
In this article from the telegraph Mr Sigfússon says
Britain’s 'gunboat' diplomacy still angers Iceland (http://www.telegraph.co.uk/finance/financetopics/financialcrisis/5889325/Britains-gunboat-diplomacy-still-angers-Iceland.html)
"Mr Sigfússon, a Left-Green radical, said his moral mission is to slam the door on the Iceland's 20-year foray into free-market adventurism, an era that saw the big three banks evolve from sleepy state lenders into global-macro hedge funds with liabilities equal to 11 times GDP.
The trio of Landsbanki (mother of IceSave), Glitnir, and Kaupthing collapsed in October with $60bn (£36bn) in foreign debts, a colossal sum for a nation of just 300,000 people.
"We're going to move away completely from these catastrophic policies. We will bring the country back to its course as a Nordic welfare society, with a strong public sector, and a redistribution of wealth," he said. "
Are there any Ivelander who can comment on what is going on? How can teh UK governemt be classing iceland in the same league as international terrorists?
Also, does anyone else think that the financial collapse in Iceland may have been engineered as a small scale experiment to see what happens in such an event as tptb are concerned about what mey happen in US and other developed countries?
Also, they are bringing in socialism in Iceland by the looks of it, will the US and Europe inevitable follow this model? I think it will and I think Iceland is a flagship country for the NWO engineered financial collapse.
Britain’s 'gunboat' diplomacy still angers Iceland (http://www.telegraph.co.uk/finance/financetopics/financialcrisis/5889325/Britains-gunboat-diplomacy-still-angers-Iceland.html)
"Mr Sigfússon, a Left-Green radical, said his moral mission is to slam the door on the Iceland's 20-year foray into free-market adventurism, an era that saw the big three banks evolve from sleepy state lenders into global-macro hedge funds with liabilities equal to 11 times GDP.
The trio of Landsbanki (mother of IceSave), Glitnir, and Kaupthing collapsed in October with $60bn (£36bn) in foreign debts, a colossal sum for a nation of just 300,000 people.
"We're going to move away completely from these catastrophic policies. We will bring the country back to its course as a Nordic welfare society, with a strong public sector, and a redistribution of wealth," he said. "
Are there any Ivelander who can comment on what is going on? How can teh UK governemt be classing iceland in the same league as international terrorists?
Also, does anyone else think that the financial collapse in Iceland may have been engineered as a small scale experiment to see what happens in such an event as tptb are concerned about what mey happen in US and other developed countries?
Also, they are bringing in socialism in Iceland by the looks of it, will the US and Europe inevitable follow this model? I think it will and I think Iceland is a flagship country for the NWO engineered financial collapse.