Interesting. And what is the main difference between what Iceland did and what America and the rest of Europe did?
The Icelanders told the bondholders and bankers to go fuck themselves. They would not bail them out for their gambling debts. They were the ones who caused it with their derivatives and speculation and they would be the ones to pay for it. I mean, how the hell can you justify brutal austerity measures on the people when the parasite bankers are the ones with all the money and the ones behind the crisis to begin with. How else do you get debts that are 10-20 times total national income besides derivatives?
The bankers in America can’t even get “a haircut”. Oh no, you have to pay for their losses.
Also interestingly enough. There are warrants in Iceland out for the arrest of several top bankers who were behind the Iceland collapse. A few of these bankers are living in Britain and America.[/quote]
As long as the politicians bow to the needs of the money people and then spin info outa control, purposefully confusing the general population, this shit will never be resolved and will happen again because there are no consequences.
Our (Irish) politicians are pawns in a bigger game that is being played by the money people in Europe and the US. People on the ground just dont understand.
Your point about the Icelandic bankers being held accountable and then arrested for their actions was reported here (only momentarily) and then disappeared off the news radar mmm interesting!
We dont want Paddy getting the right idea now do we…[/quote]
It’s so unfortunate that most people don’t understand why things are the way they are. The media likes to paint the picture that it’s the union’s fault, the workers fault or the common man’s fault that the economy collapsed.
The media never points out that the bankers and politicians (whatever side they are on) are the ones to blame and who need to be held accountable. Mainly the bankers are to blame though. This is exactly what happens when you have giant central banks and fiat currencies. The bankers will rule the world. They will asset strip and destroy everything to satisfy their lust for wealth and power.
We went from Kings and Emperors to Kaisers and Czars to Presidents and Dictators.
The new ruling elite are Bankers.