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About LinkBacksFollowing the worldwide economic downturn i had the icelandic prime minister refuting the british prime minister statement about their country in relations to bankruptcy of the republic of Iceland, Gordon what's the abtsacle statement all about ?
Following the worldwide economic downturn i had the icelandic prime minister refuting the british prime minister statement about their country in relations to bankruptcy of the republic of Iceland, Gordon what's the abtsacle statement all about ?
well basically Iceland pulled a fast one on Britain...
Iceland ran into banking trouble a few years before the rest of us, and needed to re-capitalise their banks. However, because they only have a very small population, they couldn't do it from taxpayers money, as we are likely to start doing... so they set up banks in Britain, and started offering higher rates than British banks
The silly Brits didn't ask why, and piled into the Icelandic banks... including many many county councils and local authorities in Britain
But the re-capitalisation didn't work, it only bought a few extra years of crazy banking.. and when they finally gave up the ghost last week... hundreds of thousands of Britons money, which the Icelandic Government won't guarentee went with them... tough luck British greedy investors..
Now Gordon isn't happy...
So, I go back to my original solution to all this... Britain should invade Iceland, and forcibly remove the Icelandic people to the 6 counties. In return, he should then forcibly remove the Unionist population of the 6 counties, to their own little country... Iceland
The Icelandics wouldn't have to change much... a "C" for an "R" really.. we get a united Ireland along with gorgeous Icelandic women, Eider Gudjonnson for the soccer team, and maybe Herman Herridearson as well, Bjork.. and the Unionist can walk wherever they like, whenever they like... and for even longer on the 12th, cause it'll be bright all day
So many problems solved
Well i think insurance company that insured that capital are still alive to find a solutions to your dead end and keep talking.Originally Posted by wysiwyg
However, i read this morning that some african countries are now threatning to withdraw their external reaserve account which i believed those reaserves must have been lodged in countries like britain worth millions/billions or trillions not hundreds, if they withdraw their fund what will the british economy become sir ?
And finally at the end we hope all your asset will not be frozen now and then.
Last edited by angelcounty; 12th October 2008 at 08:40 AM.
I thought Brown's language and tone were way, way over the top. Not to mention totally unnecessary, unless it was for domestic British purposes. Even then, it was sledgehammer to crack a nut stuff and of limited value to him at home.
Is like in ireland now and the british want to invoke british law to override our law and is not their territory i wonder how they'll survive that though without european directive which will resulted in republican palin scenarios stopthetrain you're really doing a good job for your nations though that will keep you in employment for some months anyway.
Last edited by angelcounty; 11th October 2008 at 06:06 PM.
Russia’s Reykjavik connection - Times OnlineIceland turns to Russia for capital
Iceland said Tuesday that western allies had failed to provide support to help ease the country’s financial crisis, forcing it to turn to Russia for a €4bn ($5.4bn) loan. Geir Haarde, Iceland’s prime minister, said the Russian deal did not extend to military co-operation, refuting the suggestion that Moscow may gain access to a former US airbase vacated in 2006. Iceland is a founding member of the Nato alliance. There was confusion over the status of the Russian loan, with the central bank first saying it had secured €4bn on a four-year deal, at 30-50bp above Libor, before acknowledging that the pact had yet to be finalised. Iceland needs to bolster its forex reserves in order to shore up the krona, whose depreciation has caused sharp price rises in imported goods. The central bank said Tuesday it had begun intervening in currency markets to try to strengthen the krona, helping it to rise 13% against the euro at IKr150. Iceland is continuing to look abroad for other funds but, if finalised, the Russian package will almost double its foreign currency reserves.
When I saw the thread title how did I know who started it
I think this is a great solution EXCEPT for BJORK.Bad enough having that Cranberrry one could n't stick Bjork as well.
Danger I see for Iceland is the potential problems in having Russia as your bank bail out plan! but as in the Irish situation nobody else was gonna help out, they had to sort out something fro themselves
The Irish situation is by no means sorted out.
A band-aid was loosely applied.
Radical surgery may yet be needed.
.
Last edited by katy brock; 11th October 2008 at 08:55 PM. Reason: it was untidy
I agree with you Katy that the irish banking situation is no way sorted,it's not even a sticking plaster solution,its more like a bite down hard on this stick while we rip the splinters from your leg with a rusty MRSA infected nail.Just that the Icelanders felt they had to act as did our lot,doesn't mean they were right in the solution they decided upon.
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