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Iceland's government topples amid financial mess

Topic started on 26-1-2009 @ 12:01 PM by DJMessiah

Iceland's government topples amid financial mess

news.yahoo.com

REYKJAVIK, Iceland – Iceland's coalition government collapsed Monday, leaving the island nation in political turmoil amid a financial crisis that has pummeled its economy and required an international bailout to keep the country afloat.

Prime Minister Geir Haarde said he was unwilling to meet demands from his coalition partners in the Social Democratic Alliance Party, which insisted upon the post of prime minister in order to keep the coalition intact.

(visit the link for the full news article)

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reply posted on 26-1-2009 @ 12:01 PM by DJMessiah

This is all UK's doing to get Iceland to become in debt to the UK. As I explained in an earlier post:

The UK's plan all along was to cause Iceland's banking system to fail by freezing all of their assets under terrorism laws, by abusing the new terrorism laws to force Iceland into their hands. UK then sues Iceland (which you will see happening in the coming months), for not having the money to pay the people after their economy fails.

When the people lose faith, they pressure the goverment, and when the UK sues Iceland, it only creates more pressure for the Icelandic goverment. When the economy fails, the UK will loan Iceland 3 Billion pounds to get their economy back up, and the Icelandic goverment will be forced to take the loan or face a lawsuit from the UK and a revolt from its people.

The UK is forcibly causing Iceland to take a loan, so that they become in debt to the UK.

In summary, the UK bankrupts a nation's banking system by freezing their assets by falsely charging them with terrorism, causing their economy to fail, and then sues them for not having a good banking system (for which they caused) if they don't take UK's 3 billion pound loan.

It's equivalent to a mortgage company freezing your bank account you use to pay for your mortgage, then suing you for not being able to pay them, unless you take out a bigger loan with them to pay for the mortgage you're unable to pay, putting you into greater debt.

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