Donate SIGN UP

Poetic Justice for the Icelandics??

Avatar Image
barney15c | 12:52 Mon 19th Apr 2010 | News
6 Answers
Iceland as a nation were close to bankruptcy during the financial crisis and Icelendic bank crisis and pretty much told to get on with it themselves by the financial institutions of Europe and USA. Does it seem a bit like divine retribution that a year on an Icelendic Volcano has brought chaos to Air Travel in Europe over the last few days.

The Norse Gods at Work possibly.

Might be a few wry smiles in Iceland!!!
Gravatar

Answers

1 to 6 of 6rss feed

Best Answer

No best answer has yet been selected by barney15c. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
But it was the Icelandic banks who caused that problem in the first place !
we send them cash, they send us ash.

(Now that's what I call poetic.)
Iceland close to bankruptcy and then they set fire to their island, is this the mother of all insurance jobs?


Dave.
Interesting thought - maybe the UK should release confiscated assets so Iceland can pay the Icesave money as they have repeatedly said they intend to (but can't with a knife to their throats). Also, maybe the UK should also transfer to an interest bearing account the quarantined loan repayments received in the UK on the Icelandic bank's lending portfolio. Apparently this now totals something approaching £2 billion - all on zero percent under the Bank of England's protection. How could the pesky Icelanders vote against accepting a deal that forced a "loan" on them at 5.6% ?
-- answer removed --
I believe it's fairly smelly and ashy up there Lucy, I saw a report on the news that many can't go out of their homes, particularly if they have respiratory problems.

1 to 6 of 6rss feed

Do you know the answer?

Poetic Justice for the Icelandics??

Answer Question >>

Related Questions

Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.