Iceland is not bankrupt (yet)

[gibonos]

As I see it it's better to go bankrupt and start from zero point.
Once in debt, in debt always :-)

gibonos

ps. didn't know about Russia

[jonhallur]

Originally Posted by gibonos

As I see it it's better to go bankrupt and start from zero point.
Once in debt, in debt always :-)

gibonos

ps. didn't know about Russia

I don't think a nation state can go bankrupt, there is not world court you'd file a bankruptcy claim to.

Regards,

Jón Hallur

[enemyofNWO]

Originally Posted by jonhallur

I don't think a nation state can go bankrupt, there is not world court you'd file a bankruptcy claim to.

Regards,

Jón Hallur

Hi John ,

I think that to make the population pay for the mistakes of private banks sucks .... I should no be that way . One rule for the banksters and one for common people , simply does not compute . Good luck . We are watching the end of this faulty economic system .

[Kundaflower]

Hi Jon !

Some countrys like Argentina decleared their debts off to international bankers simply by refusing to pay them since they came impossible to pay.
Simple

Situation like that is great opportunity for monetary reform.

There is no need to any country be in debt.
Debt is connected to tax and intrest from which intrest is unnecessary.

Its silly that countrys, companys, privet citizens are all in debt to up to their eyeballs to some bankers.

So, i know that some people from monetary reform movements have been
there in your country (from US/Canada) what is your understanding
how much people are aware about this ?

Love
K

[giovonni]

Too all bankers



Let them eat cake!


GO~ ICELAND!

[jonhallur]

Originally Posted by Kundaflower

Hi Jon !

Some countrys like Argentina decleared their debts off to international bankers simply by refusing to pay them since they came impossible to pay.
Simple

Situation like that is great opportunity for monetary reform.

There is no need to any country be in debt.
Debt is connected to tax and intrest from which intrest is unnecessary.

Its silly that countrys, companys, privet citizens are all in debt to up to their eyeballs to some bankers.

So, i know that some people from monetary reform movements have been
there in your country (from US/Canada) what is your understanding
how much people are aware about this ?

Love
K

Quick update on the situation.

Iceland has passed a law which states that the state will back up the loans to pay back IceSave (presumably with our natural resources as collateral, but that is disputed)

The decision now lies with the president how has taken an unprecidented time to decide if he is going to sign the law.

Over 50.000 have signed a petition asking him not to sign it (alot if you consider that Icelanders are only about 300.000)

Alister Darling UKs finance minister has threatened that if the president doesn't sign the law things will get a lot more difficult for us.

[pineal-pilot-in merkabah]

Originally Posted by jonhallur

I don't think a nation state can go bankrupt, there is not world court you'd file a bankruptcy claim to.

Regards,

Jón Hallur

not to worry all the western govts. are in bankruptcy or are about to go into it.. to the imf.. then they will remove coinage and paper and go electronic and tie that in with carbon credits.. money is dead and dying.

im sure the carbon bubble will be short and harsh then we can deal with the free energy, anti grav,war,famine,bio weapons ect..