posted on Jun, 23 2011 @ 05:18 AM
Originally posted by jaycen420
Originally posted by InfaRedMan
How long till our politicians declare Iceland a terrorist state?
thats what i was thinking too.
I can see that happening.
ive always wondered though?
since said millions was borrowed for a country,
is it like a mortgage?
can the international bankers close on the country,
and officially own it?
That would be scary if it went down like that.
Well, that's what's happening in Greece isn't it?...the latest round of government votes unfortunately passed that they would hand over many Greek
'landmarks' if they default on a payment. This is to try and get an even bigger loan out of the EU. I understand this happened a couple of days ago
and this is why there is escalation in violence in Greece. The people see their sovreignty being sold down the swany.
The Egyptian Gov a few days ago told the world bank and IMF to basically stuff their new offer of a loan, but just 48 hours latter the lady who is in
charge there seems to have 'changed her mind' saying that she had been 'misquoted'.
I am not really of a monetary mind, and only skimp read these things. I shall try and see if I can find links to both these stories if you don't know
about them already.
As to Iceland. Keep an eye on Katla (one of Iceland's biggest volcanoes if not THE biggest) it has been having harmonic tremors and a lot of EQ's. If
this goes off it wont just bring Iceland to it's knees, but most of Europe as well.
Has anybody also thought about the recent E-Coli outbreak? Spain was next on the list to be heading for a bailout, which Europe could not afford and
would have repocussions all over the financial world. So as a result of the EColi being blammed on Spain, Britain alone has agreed to pay Spain
compensation to them to the tune of 10's of millions, other EU countries have to do the same. Nice way of getting an interest free 'bailout' IMHO.
edit on 23-6-2011 by angelchemuel because: afterthought Spain