Iceland: from bust to boom

[tatsf226]

why Iceland people can live? they are bankrupt, aren't they?

[crawfordviolin]

no better time for free energy in iceland... Seeing as how they are bankrut

[caganb]

Free energy and they are bankrupt

[ajgolfer1]

I agree but having a military presense is not complete nonsense.

[yakovlev3a]

Bathing in water from a power plant.......is that really that smart?

[IcelandPride]

@yakovlev3a, geothermal power plant, no pollution. Water already hot, and powerplant doesn't add anything to it.

[yakovlev3a]

yea you are right, I later found that out when I took a thermodynamics class where we spent one chapter analyzing industrial cycles

[TrilogyofC]

fuck you

[TrilogyofC]

fuck you

[TrilogyofC]

of course it is

[dstall08]

this is perfect clean energy is the start for a resource based economy instead of a monetary system iceland can live FREE forever if they use it right

[xFENRISx]

Yep. Good for them. The energy monopoly and countering in many forms is holding us all back. I wonder how Iceland managed to do it...

[TrilogyofC]

fuck you

[TrilogyofC]

fuck you

[phillipgaley]

@dstall08 Sure, sell all kind of cryogenics to the world—hydrogen powered cars?  Sure!

[hlynur6606]

we didnt need the bloody us military ok!

[TrilogyofC]

fuck you

[aviomaster]

FreedomsPatriot ( -- BY the way ,,, ICELAND did not go bankrupt because USA ARMY left Iceland ,

BUT BACAUSE Iceland invested in USA a lot of money ,

WATCH the reasons for Iceland bankrupstcy ,, USA is going to follow ICELAND PATRIOT ,, WE do not need your patriotism spare it for yourself ,, we are OK without YOUR BASES ,, 722 bases , you need to STOP expanding and shrink THIS military NONSENSE ...

[ajgolfer1]

ya the military is nonsense until some somali pirate kidnaps YOUR ASS. Then you will be crying for your life, "help me US military! help me! i dont wanna die! help me!"

[TrilogyofC]

fuck you

[yakovlev3a]

I made that comment as a joke man. lighten up.

Actually, as an engineer, I understand the science behind geothermal energy and how renewable it is. It is not something that can be done everywhere but should certainly be taken advantage of when the opportunity exists

[aviomaster]

FreedomsPatriot (--- USA left ICELAND ,, WHY? ,

CAUSE now they have enough bases close to RUSSIAN FEDERATION ,, THEy do not need one in ICELAND ,.. LOOK KOSOVO largest USA MILITARY state in EUROPE .. CAMP Bonsteel ... SIMPLY HUGE .. USA did not leave because they listen to Icelanndik people. hahahaha STUPID THINKING ,, USA never leave for no reason .. USA IS CANCER OF THE WORLD>

[FreedomsPatriot]

Iceland's unemployment rate & banks failures are DIRECTLY related to their demands for the US military bases to leave.

The US left and now they got exactly what they wanted, too bad they do not recognize why they are rioting?

[Kjalli]

If U R gonna comment on this subject it is vital that have some basic knowledge about it, which U sir dont seem to have. The US navy base that closed in 2006 or 2007 has nothing to do with this situation. The wasnt very big and something like 400-500 people lost their job.

[TrilogyofC]

fuck you

[BjornThor559]

sebbbo77, you should shut your mouth, you ass hole, Iceland is more than just fish and stuff, you sound like a complete moron posting that, Iceland is one of the best countrys in the world, (if not THE best), and no, they dont go digging up their resources, that´s what the United States does, coal, coal, and more fucking coal, oh wait, oil, oil, oil, and more fucking oil. No country is perfect, that includes Iceland, and I am sorry I am being rude, however, you should stop puting Iceland down.

[aviomaster]

- Iceland should thank Russia for bailout money and kick USA bases out of THERE.

[RussianBoxer84]

i dont think they took the money though.

[FreedomsPatriot]

yea right?.... Now the bases are gone and Iceland is bankrupt.

I guess you got what you wanted huh, enjoy watching your currency devalued into worthless paper?

[salkavalka12]

sebbbo77, do you know what work is??

[sebbbo77]

Why should the world care about Iceland's economic crisis? All they have to offer is the Iceland beauty pagent and their greasy fish.

And you scandinavians think you are all for the environment? Then why make short term decisions like digging up your islands precious resources? Get a brain Icelanders. When times are tough - learn to work harder - not just dig a hole and hope for gold. That is the "Lazy Man's" answer to everything. Do you people even know what the value of work is?

[tambocha]

I think you may have not gotten enough information. Icelanders work the longest work week of any first-world nation. A huge number of Icelanders exercise two or even three functions in society; a teacher might also have a radio show, a journalist might also work in a restaurant, or sell things. It's anything but a country of lazy people.

[002eden523]

Actually iceland soon 'melted' by IMF!!!

[HK379]

its only 30 000 people ... so thats the reason.

[katekine]

no. its 300 000.

[HK379]

well , even if that was true , its is still just like a small town .

[heidaro]

Taxes in Iceland are high mainly because the population is very low or around 300,000. Before the financial crisis Iceland had one of the lowest unemployment rates in Europe, the percentage of people on social support were one of the lowest in Europe.

Iceland's financial crisis was mostly created by a handful of investors doing risky investments.

Yes, Iceland's resources are most likely subject to the USA in the future unless things change a whole lot and they manage to pay back the loan.

[KARStarla]

All those investor crooks should be hung, they planned this bullshit its a global thing and each nation is a domino falling one after another they are sick people who serve money out of their greed and defraud a man his wages and fall countries at their pleasure, people with no fucking life

[sebbbo77]

do they even know what the value of work is?? Oh yes, they fish, they dig up their land ... do they know that money gets exchanged for goods and SERVICE? ... I doubt they do... as with most scandinavians ... all a bunch of bludging social support recipients ! Nowonder their taxes are so high - to provide for all their unemployed welfare bludgers !!

[andy7666]

What an ignoramous you are - from your comments you are obviously reflecting poorly upon the Scandinavians due to your own laziness.. The Scandinavians are one of the hardest working people on Earth - do you ever wonder who it was that did the work to create, or rather allow, welfare systems in the first place? YES! The indigenous European people!

[andy7666]

Now immigrants and spoilt cretins like yourself can sit back, live off the efforts of others and THEN point the finger at your benefactors! Jealousy and ignorance - a rather dangerous combination..

[andy7666]

What a cretin you are.. "Fishing and working the land?!? Oh ho ho, thats not work!". I truely despise people like you - I suppose your idea of work is sitting in an office, punching keys or firing people? You sir are a grade A cunt, do you think you would be able to live the parasitic lifestyle that you do were it not for the labour of your ancestors and poorer folk overseas? I hope you are humbled one day Mr Goldberg or whatever your name is - you don't deserve to call yourself a man. Pathetic.

[RiseUpToYourPotentia]

nice job andy, you owned this moron. "value of work" hahahaha

[miserkocho]

collateral resource for the imf.