Has the Icelandic Revolution begun?
The Iceland Parliament has been stormed, with bonfires set outside it. The siege continues. “Beware the fury of a patient man.”
"A republic, if you can keep it." Defeat MAGA
"A republic, if you can keep it." Defeat MAGA
The Iceland Parliament has been stormed, with bonfires set outside it. The siege continues. “Beware the fury of a patient man.”
The Financial Times has a quite amazing story about Iceland, amazing in that the financial wreckage created by the collapse of their banking system will have repercussions that will last for years. How bad is it? This bad. “The huge…
Stores in Iceland are emptying out and the country only has two weeks of imported food left. How does a small island country buy and have goods shipped to it when no one will accept their currency? Their stock market…
Especially when their banks were crazy over-extended in other countries? The government of Iceland has now nationalized all their major banks, their currency is dropping off a cliff, and their stock market has been closed until Monday. Apparently their banks…
(Icelandic salted cod. From Flickr.) The US financial crisis is causing an implosion in Iceland, which is forcing a cascade into the European financial system. Serious talk of a bank holiday and food hoarding has been heard. Head of largest…