Iceland provides an economic example that Ireland may choose to follow

7 posts

Niccolo and Donkey
Ambrose Evans-Pritchard :

Some figures:

Iceland v. Ireland:

Iceland now:

Niccolo and Donkey
Iceland is arresting bankers :

Niccolo and Donkey
The Cool Club el greco SweetLeftFoot Roland SteamshipTime Global Squash Champion gus vasa

More fallout....

Iceland says it was "bullied" over bank debt

President Camacho

Iceland is investigating its own Central Bank? Imagine the FBI investigating the Federal Reserve... it would never happen.

Niccolo and Donkey
President Camacho SweetLeftFoot IT Wizard nuclear launch detected The Cool Club The_Hawk el greco

Iceland wins in the end

Team Zissou

This is not according to plan. The banks and treasuries want you to assume that it would be catastrophic, unthinkable , to allow sovereign defaults and bank runs. Iceland is proof that the wealth of a country is its private capital stock, not the solvency of government and its bondholders.


I will never forget how Gordon Brown used anti terrorist legislation on Iceland over the Icesave crash. Disgraceful.