Monday, November 3, 2008

The Day After Tomorrow

For you people who don't know. Iceland is an island country in Northern Europe, located in the North Atlantic Ocean between mainland Europe and Greenland. It has a population of about 320,000 and a total area of 103,000 km². Its capital and largest city is Reykjavík.

Most of us are in peaceful, hard working good people, but lately something is about or is trying to turn our table around. That is really cruel and a bad news for us in Iceland. Our society is getting broke by the hand of a spoiled politicians and Bank officers. The Icelandic Króna is very unstable and weak and the income is getting out of hand. There is a global problem in the world so this is not helping at all.

And to British people I must say: what the hell is wrong with you people! We are not terrorists and if we were, we have probably already slapped you during tea drinking with your mother. Just like in old times during the Cod War. You should be a shame to yourselves. People in Iceland are just in the same footprints as you are in now. When the banks broke a lot of people here in Iceland lost their accounts and lots of money was lost. So we feel sorry for you people that have same difficulties with those banks in England. We also have some people away from home in Europe or somewhere else on the face on the Earth who are students or workers and they are stuck in the system because of this and cannot come home to Iceland.

Our forefathers build this land with pride but for what? I can hardly believe it myself that everything is falling apart because of some idiots who claim to be very few. Like I said before there is only 320,000 of us and our pride has been crushed with the greed of few people that appear to have too much money for their own good. Living in Iceland will be difficult in the next months for the interest are getting higher every day and People who took loans and had payments left will probably get in trouble soon. So to my people I say: A wise thing would be taking good care of your money so we can live the day after tomorrow.

Mr Madhouse

8 comments:

marc said...

"And to British people I must say: what the hell is wrong with you people!"

I understand your anger- but you can't blame the all British people for our government's actions! You'll find many of us are on your side and disagree with what they did. Be careful with generalisations.

Anonymous said...

It is commentary like this that causes people to have little pity or concern. Instead of taking responsibility, you attack others. It is hate filled. I sincerely hope that my mother never drinks tea with you or you kind.

Anonymous said...

As an outside spectator from another Nordic country, I must say I wish the British government would choose opponents of its own size. Now it is a country of 61 M against a country of 0.3 M. Invade Italy if you are pissed off, invade Germany if you are brave. To bully Iceland, one must feel very weak inside.

Using terrorist legislation against Icelanders is plain wrong and bad style, too.

Capitalism is about creative destruction, and you can't have the "creative" without the "destruction". You can't have high interest IceSave accounts without risk. Those Icelandic bankers were greedy and at fault, but so were you. It makes no sense to put Icelanders in a situation, where they must pay repatriations even worse than Germans paid after Versailles.

Anonymous said...

anonymous 1.22 p.m. 16 November

It's typical of the British 'Government'. They crush the small man and, in this case, a small country. All I can do is individually apologise.

Believe me, Brown and his cohorts are hated by many - and I really mean hated. Words can't describe my disdain for them.

The major problem here is that the media (in particular the BBC) are in thrawl to their political masters. There seems no outlet (other than the internet) for alternative views.

Economic problems here will, in due course, end in similar problems to those in Iceland. I simply fear the reaction there may be when the system breaks.

Good luck Iceland. Things can, over time, only improve. Try looking to the future - it will be much brighter.

Dan said...

Whilst I have sympathy with you and the state of your country, you have been clearly caught up in the speculative markets of the last ten years or so.

For Haarde to refuse to honour his share of the icelandic compensation scheme was foolish, your countries assets were seized, under quite unpleasant terrorism laws, but this harsh reaction is a result of your Prime Ministers attempts to walk away from the 300,000 people who invested their hard earned money in your country.

"Terrorists" is harsh - but you left our country with no choice.

Anonymous said...

To invoke terrorism legislation for the sake of short-term political gain was the worst thing that the British government could have done. But then Brown is an arrogant moron we Brits need to be got rid of.

Perhaps once we have done that, we can apologise to the Icelandic people and try to mend our friendship by asking for forgiveness.

GT

Anonymous said...

It wasn't terrorist legislation, the parliamentary bill happened to have the word 'terrorism' in the title but it dealt with other things as well. In hindsight the inclusion of the word terrorism in the title was unfortunate, but that could hardly be changed after the event.

On a wider note, it was always obvious that a tiny country like Iceland couldn't guarantee all the money deposited in its banks, this is why I would never have deposited any money there. The same is the case today, for the Irish 100% guarantees ... no way could they afford to pay up. But no government will ever confront another government about this, because they're all playing the same game, if they admit the guarantees cannot be made good, then the whole system collapses.

Still, the Icelandic government seems to have handled this badly, they should never have left the UK chancellor (finance minister) with the impression that they would simply walk away from their obligations, instead they could have said 'we'll pay x per year' and the British would have accepted it IMO, as long as they could put the Icelandic promise in the UK national accounts to stop their own books from looking so bad. Once the Icelandic government said, 'we're not going to pay', then invoking the legislation and freezing assets was the only sensible thing for the UK to do. But we have to remember that Iceland is the size of a small city ... how many small cities produce statesmen capable of holding their own on the world stage?

Anonymous said...

Stop bleating and get a life loser