Boards Index General discussion Getting serious Did we just declare war on Iceland the other day?

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  • #11861

    Or did we just call them a terrorist organisation ????

    Very puzzled…

    So, Iceland’s banks have collapsed and since their banks is their financial sector, Iceland’s finances have collapsed

    So, money from councils in the UK who greedily stuck it in Icelandic banks (rather than the logical option of Barclays, HSBC, Lloyds etc) is now stuck there

    So, Gordon Brown has decided to freeze all of Iceland’s assets in the UK using anti-terrorist legislation

    So…what’s the value of all the holdings of these greedy councils and police authorities ? A billion quid ? Hmmm, didn’t the government just throw another FIFTY billion at the banks, on top of 40 and 20 previously, and making another 300 billion or so available ?

    Presumably then it can rustle up a single billion if it wanted to ? So, why not pay these people itself and get the money back off Iceland in the future when Iceland can afford it ?

    Instead, we are pressing a country already in meltdown into even worse trouble, and expecting this won’t have any knock-ons ?

    I don’t think any of these people have any brains at all…

    I mean this is beyond stupid, who is going to invest or put assets in UK, if they risk this, and using a anti-terror law, that’s so outrageous, that you have to think that UK is some kind of Banana-republic. (Or should that be Banana Kingdom?)

    #380892

    Iceland have just about called the receivers in. Even their leader has all but admitted they are sunk. They’re headed back to their fish pickling middle ages and a billion squid is going to make no difference at all. Now, if you’re a creditor to a liquidising concern, you don’t send that concern back the stuff you hold of theirs on the off-chance they’ll pull through – you take it in lieu of payment. The government are purely acting in the national interest, as they should.

    What I want to know is where all this extra cash of the councils came from. Haven’t we been told over and over again that things were tight, services had to be cut and council tax had to go ever higher?

    #380893

    One of Iceland’s principal exports was fish heads and guts sealed into 50 gallon oil drums, which they sent to Nigeria. By the time it arrived it was somewhat ”mature”.

    Apparently this is a local delicacy and they make it into a pungent but nourishing fish soup.

    #380894

    Surströmming to you too.

    #380895

    you gotta love them Nigerian names

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