Iceland Declares Independence from International Banks
http://netrightdaily.com/2011/04/ice...#ixzz1JQl4VDKH
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Iceland Declares Independence from International Banks
http://netrightdaily.com/2011/04/ice...#ixzz1JQl4VDKH
The ice people are smart
Very interesting... let's see if they are allowed to maintain this position.
Iceland leads the world! Bravo!
The international bankers are planetary vampires.
Great work, Iceland!
Muzz thank you for posting this. i hope that they can maintain a stronghold on this position. tptw aren't quite done with their nwo playground agenda yet. stay tuned everybody.
regards, corson
Hi all. I think this is going to be a very interesting time. A group of people have called thier bluff and said no. Whatever thier next move is might be a good indicator as to how much power they really have over us.
Iceland start offering high interest on savings from today forward and foreign investment will flow in without the ball and chain...Quote:
Under the terms of the agreement, Iceland would have had to pay £2.35 billion to the UK, and €1.32 billion to the Netherlands by 2046 at a 3 percent interest rate. Its rejection for the second time by Iceland is a testament to its people, who feel they should bear no responsibility for the losses of foreigners endured in the financial crisis.
That opposition to bailouts led to Iceland’s decision to allow the bank to fail in 2008. Not that the taxpayers there could have afforded to. As noted by Bloomberg News, at the time the crisis hit in 2008, “the banks had debts equal to 10 times Iceland’s $12 billion GDP.”
“These were private banks and we didn’t pump money into them in order to keep them going; the state did not shoulder the responsibility of the failed private banks,” Iceland President Olafur Grimsson told Bloomberg Television.
The voters’ rejection came despite threats to isolate Iceland from funding in international financial institutions. Iceland’s national debt has already been downgraded by credit rating agencies, and now those same agencies have promised to do so once again as punishment for defying the will of international bankers.
This is just the latest in the long drama since 2008 of global institutions refusing to take losses in the financial crisis. Threats of a global economic depression and claims of being “too big to fail” have equated to a loaded gun to the heads of representative governments in the U.S. and Europe. Iceland is of particular interest because it did not bail out its banks like Ireland did, or foreign ones like the U.S. did.
If that fervor catches on amongst taxpayers worldwide, as it has in Iceland and with the tea party movement in America, the banks would have something to fear; that is, the inability to draw from limitless amounts of funding from gullible government officials and central banks. It appears that the root cause is government guarantees, whether explicit or implicit, on risk-taking by the banks.
full story worth reading...
What usually happens in this cases is that they rename the whole thing and go for another vote... and then again... and then again until the vote is what they want.
I hope they will manage to get trough this.... but I fear they will be made an example off...
This is worth watching closely.
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Well, they can't very well invade as to the best of my knowledge Iceland have:
- Never invaded another country
- Not acquired nuclear weapons
- No major oil deposits
- No 'smoking gun' historical artefacts
So, yes I agree, look out for any major unforeseen "natural disaster"
I can see the headlines now.
Volcanic eruption cause state of emergency. UNs first order of business, set up a branch of the world bank, because banks are the solution to all our problems.
Happy Trails Wookie
EU says Iceland's accession not affected by referendum!
"The outcome of the referendum does not impact on the ongoing accession negotiations, to which the commission remains fully committed," EU Enlargement Commissioner Stefan Fule and Commissioner for Internal Market and Services Michel Barnier said in a joint statement. [source - http://english.peopledaily.com.cn/90...3/7346761.html]
Roughly translated "we are still taking over your country and its resources"
Some background.
http://1.bp.blogspot.com/_NE-72ZXux-...ocator_svg.png
http://www.globalresearch.ca/index.p...t=va&aid=24262
http://aangirfan.blogspot.com/2009/0...onspiracy.html
Indeed Muzz...
After they join the EU they will have to obey EU laws and regulations.
Thanks for fixing the link Ilie.
ILIE PANDIA I totally agree. They are standing alone and simply will not win.
The only way this stunt will work is if all the counties simultaniously do it.
What will PTB do then make the whole world earthquake???
We should really all send MESSGAES to the ICELANDERS of support for their wisdom and bravery. Send as many emails to business, council, government, trades people to let them know they are not alone and the world sends them support and love.