Iceland takes on the EU

Dostoevsky

Who do these people think they are? 320,000 of them and they aren't taking crap from anybody.

First, the population goes ballistic and starts massive protests from late 2008 when it's suggested by their government that they will have to bail out Icelandic banks and businesses. Then, under this pressure, their government tell the British and Dutch idiots who lent Icelandic idiots money that Icelandic taxpayers will not pay those private debts. We can't be having this radical shít now...

They also had pleasure in decisively telling the British government to go fúck itself when it used anti-terrorism legislation to seize Icelandic assets in Britain. The Icelandic state then proceeded to arrest and sentence senior Icelandic politicians, civil servants and business people for their role in the crisis. Ah now, more subversion...

In 2013, despite telling the capitalist private sector to go fúck itself, it has now had 3 years of economic growth and brought unemployment down to 4.7%.


Now, the EU (population: over 500 million people) threatens little Iceland with sanctions and whatever else it feels is appropriate. PM of Iceland: go fúck yourself, too! (mentioning how EU sanctions on his country would be against WTO rules, and much else)

Will anybody stop this nation of arrant rebels and their subversion of world economic and political powers and ideologies? We don't want this Icelandic attitude catching on. It could hurt the Irish economy!

Specialun

Ireland

Legends

So, you're in favour of the over-fishing of Mackerel stocks?

ted1

The women in Iceland are smoking hot. They could easily flirt themselves out of any sanctions.

sword1

Specialun wrote: »

Legends

I Wish ireland was more like them and fight for a bigger share off quota rather than try to give it away

Specialun

Ireland

Rojomcdojo wrote: »

So, you're in favour of the over-fishing of Mackerel stocks?

Hey enda

wretcheddomain

I think you're massively underestimating the gargantuan effort the current government is employing in tackling our economic woes.

The Backwards Man

Ireland and Iceland are in no way comparable, apart from being island nations. So you might have well put Australia and Hispaniola as your poll choices.

Ten of Swords

wretcheddomain wrote: »

I think you're massively underestimating the gargantuan effort the current government is employing in tackling our economic woes.

They are doing a good job keeping their efforts a secret :pac:

Dostoevsky

Ireland

Rojomcdojo wrote: »

So, you're in favour of the over-fishing of Mackerel stocks?

The EU claims it's overfishing; Iceland denies this. While there's no doubt that stock has to be protected, there is no agreement on mackerel fishing in that part of the world. The EU, with massive resources, did not foresee this result of global warming. There are no laws against what Iceland is doing.

Here's a good article explaining the politics.

Hownowcow

Bloody Vikings.

sword1

Rojomcdojo wrote: »

So, you're in favour of the over-fishing of Mackerel stocks?

The icelandic are doing up. To 24 hour tows for small hauls of mixed herring and mackeral and saying it is mackeral.the irish go out and do a 10 minutę tow for a large amount of fish and then letting them go because they are not as valuable as the fish the boat 1 mile away got .the quota system does not work as the scientist do not have all the info .the icelandic are just boosting the no. So they get a bigger share and access to irelands coast

Dr Turk Turkelton

The Backwards Man wrote: »

Ireland and Iceland are in no way comparable, apart from being island nations. So you might have well put Australia and Hispaniola as your poll choices.

Its only an r and a c.Fairly comparable to me.

Karl Stein

Iceland should be careful. It wouldn't want to be providing an example to others of how to tell the big boys to fuck off and run its own affairs how it sees fit.

Can't be having that shit.

skyfall2012

Check this documentary out: the debt to the bondholder is 'odious' debt and we don't have to pay it, lots of countries out there have refused to pay odious debt e.g. When the US invaded Iraq, they didn't want to have to take on their debt and refused to pay it, Ecuador, Iceland etc.

http://topdocumentaryfilms.com/debtocracy/


Odious debt
http://en.wikipedia.org/wiki/Odious_debt

Chucky the tree

Isn't this the same Iceland that voted the political party that caused the mess in the first place?

C.K Dexter Haven

They could make a fortune exporting icebergs right now:pac:

MOC88

but but we got a debt wri...off..do...

what I mean to say its great how we get to pay interest on a debt thats not ours over a longer period of time. The negotiations must be fierce. What will Iceland have to bargain with when they come begging tot the table because their banks and economy are... now operating well

Banjo String

Ireland

First they declared themselves bankrupt.

Then they set the whole feckin island on fire via a volcano.......

I smell Insurance fraud.

Voltex

Iceland is like an M50 junction..it relies on s hit loads of stuff (money) going through it to justify its existence. Ireland has 10 times the population and according to S&P is doing the right thing;
http://en.wikipedia.org/wiki/List_of_countries_by_credit_rating#Standard_.26_Poor.27s

Ireland is a small economy relative to World economics...so what Iceland does relative to Ireland should be irrelevant.

mike65

Ah ya codding me!

I like the cut of their jib.

What's the employment market like in Iceland?

skyfall2012

Voltex wrote: »

Iceland is like an M50 junction..it relies on s hit loads of stuff (money) going through it to justify its existence. Ireland has 10 times the population and according to S&P is doing the right thing;
http://en.wikipedia.org/wiki/List_of_countries_by_credit_rating#Standard_.26_Poor.27s

Ireland is a small economy relative to World economics...so what Iceland does relative to Ireland should be irrelevant.

We have always compared ourselves to Britain in economic terms, which has a massive population in comparison to Ireland.

I don't trust those credit rating companies they have got it wrong in the past 2008 we went from AAA to junk status. I judge how well a country is doing, by the employment and emigration levels which are pretty bad here.

washman3

Ireland

Chucky the tree wrote: »

Isn't this the same Iceland that voted the political party that caused the mess in the first place?

That's correct Enda...:D

Its also the same Iceland that arrested the culprits, including the prime-minister..;)

keeponhurling

skyfall2012 wrote: »

Check this documentary out: the debt to the bondholder is 'odious' debt and we don't have to pay it, lots of countries out there have refused to pay odious debt e.g. When the US invaded Iraq, they didn't want to have to take on their debt and refused to pay it, Ecuador, Iceland etc.

http://topdocumentaryfilms.com/debtocracy/


Odious debt
http://en.wikipedia.org/wiki/Odious_debt[/QUOTE]

Sure nobody really thinks we should be paying off the debts of bondholders in a private bank.
It's a nonsense, and I think anybody would now argue we should.

skyfall2012

keeponhurling wrote: »

skyfall2012 wrote: »

Check this documentary out: the debt to the bondholder is 'odious' debt and we don't have to pay it, lots of countries out there have refused to pay odious debt e.g. When the US invaded Iraq, they didn't want to have to take on their debt and refused to pay it, Ecuador, Iceland etc.

http://topdocumentaryfilms.com/debtocracy/


Odious debt
http://en.wikipedia.org/wiki/Odious_debt[/QUOTE]

Sure nobody really thinks we should be paying off the debts of bondholders in a private bank.
It's a nonsense, and I think anybody would now argue we should.

This is a International law which our national debt should be classified under. There should be committee set up; of judges and other professionals and a few citizens (not politicians or bankers) to rule our national debt as Odious debt and our government should no longer be paying it.

They don't listen to our protests, but they might listen to the international law and we should do it before they try to put their hands into our savings and pay the debt with that.

biko

Ireland

**** EU!
Go Iceland!

Fratton Fred

I wonder if the OP would feel the same if Landsbanki had branches in Ireland and his life savings were deposited there.

Would you expect the Irish government to sit back and do nothing, or use any means possible to stop those savings being transferred over seas to help pay someone else's debt?

It wasn't faceless bond holders who the British government were protecting, it was private savers, the same people that would put their money in the credit union.

For Forks Sake

Fratton Fred wrote: »

I wonder if the OP would feel the same if Landsbanki had branches in Ireland and his life savings were deposited there.

Would you expect the Irish government to sit back and do nothing, or use any means possible to stop those savings being transferred over seas to help pay someone else's debt?

It wasn't faceless bond holders who the British government were protecting, it was private savers, the same people that would put their money in the credit union.

I would recommend everyone have a read of this, it refutes a lot of they myths that have been spouted regarding Iceland. http://studiotendra.com/2012/12/29/what-is-actually-going-on-in-iceland/

Banjo String

Ireland

For Forks Sake wrote: »

I would recommend everyone have a read of this, it refutes a lot of they myths that have been spouted regarding Iceland. http://studiotendra.com/2012/12/29/what-is-actually-going-on-in-iceland/

From your article.

The only reason why we didn’t is that the Icelandic government, then and now, is completely incompetent.

Same as our set up.

Then and now.

Phoebas

Specialun wrote: »

Hey enda

washman3 wrote: »

That's correct Enda...:D

Has simply calling someone Enda now a valid alternative to reasoned debate?