Iceland government on verge of collapse

orthodoxymoron · 01-23-2009, 03:28 AM

I hope the world is learning a lesson regarding the consequences of irresponsibility and high levels of debt. If our world could just stay out of debt and war...and make RESPONSIBILITY it's modus operandi...we would be so close to achieving the saving of planet earth. The City of London might have a problem with this paradigm. Look...I'm not against rich and powerful people...just irresponsible people...regardless of whether they are rich or poor. Good-luck Iceland! The banksters and the grays are the terrorists.

IndigoChild1986 · 01-23-2009, 04:09 AM

Quote:

Originally Posted by orthodoxymoron

I hope the world is learning a lesson regarding the consequences of irresponsibility and high levels of debt. If our world could just stay out of debt and war...and make RESPONSIBILITY it's modus operandi...we would be so close to achieving the saving of planet earth. The City of London might have a problem with this paradigm. Look...I'm not against rich and powerful people...just irresponsible people...regardless of whether they are rich or poor. Good-luck Iceland! The banksters and the grays are the terrorists.

I agree with this, but what about AMERO? its being produced in large numbers right now, I feel that is very soon we going to see AMERO officially introduced maybe even by end of summer this year

giovonni · 01-23-2009, 04:10 AM

As> Iceland goes> so goes the world??

Well, it is small enough> to serve as a test tube for the NWO,

as to> what to expect, and how maybe to proceed?

NorthernSanctuary · 01-23-2009, 10:57 PM

While the British government attempts 2nd bank bailout:

"Privately, something close to desperation is starting to develop inside government. After watching the slide in bank shares on Friday, one cabinet minister did not altogether joke when he said: "The banks are ****ed, we're ****ed, the country's ****ed."

http://www.guardian.co.uk/politics/2...conomy-banking

01-23-2009, 11:28 PM

Icelandic government becomes first to be brought down by the credit crunch

By Graham Smith
Last updated at 3:10 PM on 23rd January 2009

Quit: Iceland's Prime Minister Geir Haarde called a general election for May. He also revealed he has cancer and will not be standing for re-election
The government of Iceland today became the first to be effectively brought down by the credit crunch.

After several nights of rioting over the financial crisis, Prime Minister Geir Haarde, surrendered to increasing pressure and called a general election for May.

A poll would not normally be held until 2011.

Haarde also revealed that he had been diagnosed with a malignant tumour of the oesophagus and would not seek re-election.

'I have decided not to seek re-election as leader of the Independence Party at its upcoming national congress,' he told a news conference.

The global financial crisis hit Iceland, which has a population 320,000, in October, triggering a collapse in its currency and financial system under the weight of billions of dollars of foreign debts incurred by its banks

The economy is set to shrink 10 percent this year and unemployment is surging.

Critics wanted Haarde, the central bank governor and other senior officials to resign.

Some senior figures in his party have also said they favour an early election, but Haarde had up to now vowed to defy plunging popularity and stay on.

Protests had been held weekly since the crisis broke last year, but since Tuesday have been held every night.

On Thursday, police used teargas on demonstrators for the first time since protests against the North Atlantic island's entry into the NATO alliance in 1949.

Special forces had to rescue Haarde from his car after he was surrounded by an furious mob hurling eggs and cans outside the government offices, in Reykjavik.

Enlarge

Protesters clash with police in Reykjavik during a demonstration against the Icelandic government's handling of the country's financial crisis

Riot police huddle together as projectiles are thrown at the Parliament building behind them in downtown Reykjavik

The seething crowd spattered the building with paint and yoghurt, yelling and banging pans, hurling fireworks and flares at the windows and even lighting a fire in front of the main doors.

'There were a couple of hundred (protesters) when they had to use the gas,' police spokesman Gunnar Sigurdsson said. 'It went on for two hours or so. There were no arrests. Some injuries, but not serious.'

Latvia, Bulgaria and other European countries hit hard by the global economic meltdown have also seen unrest.

Jonathon · 01-24-2009, 12:59 AM

Quote:

Originally Posted by giovonni

As> Iceland goes> so goes the world??

Well, it is small enough> to serve as a test tube for the NWO,

as to> what to expect, and how maybe to proceed?

I tend to agree. The Iceland situation has a very "controlled experiment" feel. It's isolated and, I would guess, has a fairly predictable populace. Following that logic, the next collapse will be a slightly more volatile (less isolated and less predictable) but equally controlled and monitored experiment. Practice makes perfect after all.

01-23-2009, 03:28 AM	#1
orthodoxymoron Avalon Senior Member Join Date: Oct 2008 Location: Lunar Base II Posts: 3,093	Re: Iceland government on verge of collapse I hope the world is learning a lesson regarding the consequences of irresponsibility and high levels of debt. If our world could just stay out of debt and war...and make RESPONSIBILITY it's modus operandi...we would be so close to achieving the saving of planet earth. The City of London might have a problem with this paradigm. Look...I'm not against rich and powerful people...just irresponsible people...regardless of whether they are rich or poor. Good-luck Iceland! The banksters and the grays are the terrorists. Last edited by orthodoxymoron; 01-23-2009 at 03:32 AM.

01-23-2009, 04:10 AM	#3
giovonni Avalon Senior Member Join Date: Sep 2008 Location: within my heart Posts: 1,209	Re: Iceland government on verge of collapse As> Iceland goes> so goes the world?? Well, it is small enough> to serve as a test tube for the NWO, as to> what to expect, and how maybe to proceed?

01-23-2009, 10:57 PM	#4
NorthernSanctuary Avalon Senior Member Join Date: Sep 2008 Location: Montreal, Canada Posts: 698	Re: Iceland government on verge of collapse While the British government attempts 2nd bank bailout: "Privately, something close to desperation is starting to develop inside government. After watching the slide in bank shares on Friday, one cabinet minister did not altogether joke when he said: "The banks are **ed, we're ed, the country's **ed." http://www.guardian.co.uk/politics/2...conomy-banking

01-23-2009, 11:28 PM	#5
Baggywrinkle Guest Posts: n/a	Icelandic government becomes first to be brought down by the credit crunch Icelandic government becomes first to be brought down by the credit crunch By Graham Smith Last updated at 3:10 PM on 23rd January 2009 Quit: Iceland's Prime Minister Geir Haarde called a general election for May. He also revealed he has cancer and will not be standing for re-election The government of Iceland today became the first to be effectively brought down by the credit crunch. After several nights of rioting over the financial crisis, Prime Minister Geir Haarde, surrendered to increasing pressure and called a general election for May. A poll would not normally be held until 2011. Haarde also revealed that he had been diagnosed with a malignant tumour of the oesophagus and would not seek re-election. 'I have decided not to seek re-election as leader of the Independence Party at its upcoming national congress,' he told a news conference. The global financial crisis hit Iceland, which has a population 320,000, in October, triggering a collapse in its currency and financial system under the weight of billions of dollars of foreign debts incurred by its banks The economy is set to shrink 10 percent this year and unemployment is surging. Critics wanted Haarde, the central bank governor and other senior officials to resign. Some senior figures in his party have also said they favour an early election, but Haarde had up to now vowed to defy plunging popularity and stay on. Protests had been held weekly since the crisis broke last year, but since Tuesday have been held every night. On Thursday, police used teargas on demonstrators for the first time since protests against the North Atlantic island's entry into the NATO alliance in 1949. Special forces had to rescue Haarde from his car after he was surrounded by an furious mob hurling eggs and cans outside the government offices, in Reykjavik. Enlarge Protesters clash with police in Reykjavik during a demonstration against the Icelandic government's handling of the country's financial crisis Riot police huddle together as projectiles are thrown at the Parliament building behind them in downtown Reykjavik The seething crowd spattered the building with paint and yoghurt, yelling and banging pans, hurling fireworks and flares at the windows and even lighting a fire in front of the main doors. 'There were a couple of hundred (protesters) when they had to use the gas,' police spokesman Gunnar Sigurdsson said. 'It went on for two hours or so. There were no arrests. Some injuries, but not serious.' Latvia, Bulgaria and other European countries hit hard by the global economic meltdown have also seen unrest.