The government didn’t collapse. That’s like say our government collapsed because Bush left office and Obama replaced him. Those parlimentarians can call elections whenever. What is scary is that in 2007 they had one of the highest stardards of living on Earth, now their stock market is 0 and their currency can’t buy enough food to import to the island.
January 26th, 2009 at 2:49 pm
Think this example might teach our politicians that throwing money at the economy isn’t going to fix it?….
January 26th, 2009 at 4:05 pm
Poppycock. Iceland just didn’t throw enough money at their problems. Faster printers would have solved everything, just ask Zimbabwe.
January 26th, 2009 at 4:07 pm
Lol, Iceland, when will you learn?
January 26th, 2009 at 10:27 pm
Part of this is due to the Premier discovering he is afflicted with cancer, and resigning for health reasons.
January 26th, 2009 at 10:51 pm
The government didn’t collapse. That’s like say our government collapsed because Bush left office and Obama replaced him. Those parlimentarians can call elections whenever. What is scary is that in 2007 they had one of the highest stardards of living on Earth, now their stock market is 0 and their currency can’t buy enough food to import to the island.