Iceland Thumbs Major Banks

[runningman]

Iceland is leading the way on Freedom. They are holding a vote on whether to pay back the phony debts that have been put on Iceland. What courage these people have. Who would have thought that the pioneers of freedom from the banks would come from a country of 300,000.

http://news.bbc.co.uk/2/hi/business/8552971.stm

Sander Kleinenberg is so ashamed he is doing a free gig in Iceland.. What a great guy!

[thesightless]

Re: Iceland Thumbs Major Banks

this is gonna hurt them in the long run. the bond rates for thier issuances will be shit and its only going to inflate the currency.

[runningman]

Re: Iceland Thumbs Major Banks

you have to admit though that they have big nuts for standing up to the banks. I mean what are their options? Try to pay the debt back and drive the countrymen into poverty or tell the banks to fuck off and drive your country into poverty. At least they are starting fresh.