Reply to: Iceland renegues

[Bob Dalek]

Isn't that because refusing to trade with a country is just as much a punishment for you as for them?

From what little I know of the Icelandic folk, the only UK industries likely to suffer would be Ace lager (15%) brewers.

[d000hg]

Agrred, but we seem to have a notoriously short memory when it comes to this sort of thing. Seemed to forget about the Russian defaults pretty quickly.

Isn't that because refusing to trade with a country is just as much a punishment for you as for them?

[expat]

After defaulting they will get so much grief over the next few years that they will wish that they had been nuked.

It was a very silly move

Maybe not. For all I know, the Iceland government may have seriously disliked the banks running high-interest accounts for several times the nation's GDP, since it has risks to the country as a whole and the maneouvering room of the government in particular.

Defaulting on foreigners' savings should put paid to that for the foreseeable future.

[ASB]

After defaulting they will get so much grief over the next few years that they will wish that they had been nuked.

It was a very silly move

Agrred, but we seem to have a notoriously short memory when it comes to this sort of thing. Seemed to forget about the Russian defaults pretty quickly. Though in recent days it looks like we might have remembered.

[HairyArsedBloke]

Nuke the scurvy toerags; it's the only language they understand, etc.

After defaulting they will get so much grief over the next few years that they will wish that they had been nuked.

It was a very silly move

[gingerjedi]

Nuke the scurvy toerags; it's the only language they understand, etc.

No need, it'll just defrost in a few years time.

[Bob Dalek]

Not any more there isn't - the US closed it 2 years ago and the Icelanders were a bit miffed at the sudden exit of the Americans. I think the Iceland govt is trying to play the US off against the Russians by letting it appear that they might give the Russians access to the base in exchange for the loan. The US will probably panic and lend them the money.

A dangerous game to play.

Nuke the scurvy toerags; it's the only language they understand, etc.

[interested]

There's a big US base on Iceland. I wonder what they're up to at the moment...

Not any more there isn't - the US closed it 2 years ago and the Icelanders were a bit miffed at the sudden exit of the Americans. I think the Iceland govt is trying to play the US off against the Russians by letting it appear that they might give the Russians access to the base in exchange for the loan. The US will probably panic and lend them the money.

A dangerous game to play.

[Peoplesoft bloke]

Boycot them and shop at Aldi and Lidl instead.

Joking aside, Iceland (the shop) is part owned by some Icelandic outfit innit?

[HairyArsedBloke]

Boycot them and shop at Aldi and Lidl instead.

[Incognito]

Iceland doesn't want to be in the EU.

[Peoplesoft bloke]

I want to know when we're going to deport Björk.

Nothing to do with the financial situation, like. I just want to know when we're going to deport Björk.

Me too - awful screeching harridan argghhhh.

[dang65]

I want to know when we're going to deport Björk.

Nothing to do with the financial situation, like. I just want to know when we're going to deport Björk.

[Churchill]

Can't we "repossess" their island, not a military action purely a business/civil dispute?

There's a big US base on Iceland. I wonder what they're up to at the moment...

[Advocate]

Can't we "repossess" their island, not a military action purely a business/civil dispute?